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Why Oil & Gas Contractors Need Strong Risk Management

By JD Powers | August 18, 2026

The petroleum company Marathon Oil recently reached a $241 million settlement over environmental protection regulations in North Dakota. The company was illegally emitting greenhouse gases by burning waste gases at almost 90 of its facilities. The Environmental Protection Agency and Department of Justice brought this case against the company for air quality violations. As part […]

Cannabis Testing Labs: Professional & Product Liability Explained

By JD Powers | August 6, 2026

Due to the industry’s novelty, cannabis companies face unique challenges that are constantly evolving and often overlooked. Cannabis testing labs, a crucial part of the production process, face numerous risks, many of which are not well-known to typical business owners.  Cannabis testing labs face risks like shifting regulations as well as the potential contamination of […]

Nuclear Verdicts: How One Lawsuit Can Bankrupt Your Business

By JD Powers | July 24, 2026

Nuclear verdicts sound like something out of a movie, but for construction businesses, they are very real and very dangerous. They can shut down projects, drain years of profits, and even force a company to close its doors for good.  One accident can turn into a courtroom battle where a jury decides a company should […]

Excavation Contractors Risk Management: How to Reduce Liability and Control Insurance Costs

By JD Powers | July 21, 2026

Excavation contractors face risks daily, from safety and compliance issues to equipment breakdowns. These risks leave contractors exposed to many types of liability, which often result in large settlements that bankrupt companies. Instead of filing claims after it is too late, it’s important to address exposure proactively through risk management. Excavation Risks If the construction […]

POWERS® Insurance Named 2026 Agency of the Year by PropertyCasualty360

By JD Powers | June 26, 2026

POWERS® Insurance & Risk Management has been recognized as the 2026 Agency of the Year by PropertyCasualty360 on Wednesday, June 24. The awards program spotlights top professionals and organizations from across the country that are helping modernize and humanize the insurance industry. This award reflects POWERS® Insurance’s core values of innovation, humility, connection, integrity, and […]

Directors and Officers Insurance for Cannabis Business Owners

By JD Powers | June 22, 2026

As the cannabis industry evolves with a changing legal and social scape, the insurance coverage needs for cannabis businesses change along with it. Directors and Officers Insurance is integral to covering cannabis businesses. Cannabis business owners need Directors and Officers Insurance to protect their company’s board members and executives. Overview: Directors and Officers Insurance Directors […]

How Insurance Claims Can Impact Your Rates and Eligibility

By JD Powers | June 17, 2026

When an accident happens, in your personal life or with your business, many people look to insurance to cover the costs. Before you pick up a phone and call your carrier, it’s important to understand how filing a claim can affect your premium and the policy itself. What Happens When You File a Claim Filing […]

Construction Equipment Theft: How to Make Your Rental Yard or Jobsite a Harder Target

By JD Powers | April 9, 2026

You don’t have to look far in the construction and equipment dealer industry to see another headline about equipment theft or a contractor posting online about a stolen skid steer, a missing excavator, or a rental gone wrong. Rental fraud is a critical issue for the construction, manufacturing, and agriculture industries across the country.  The […]

Serving THC or CBD? Why Your Business May Be Uncovered

By JD Powers | September 23, 2025

How cannabis products could create a million-dollar blind spot in your insurance coverage. Running a restaurant or bar is already expensive. The last thing you need is a claim that your insurance won’t cover. That’s exactly what can happen if you serve THC-infused drinks or food. Do you think a general liability or a liquor […]

Benefits of Captive Insurance for Safety-Focused Businesses

By JD Powers | September 3, 2025

Why Fortune 500s and safety-focused businesses use captive insurance for smarter, more predictable coverage. As a business owner, you’ve likely faced the same frustrating cycle year after year. Your insurance renewal arrives, premiums have increased again, and you’re left with little choice but to pay. You’ve spent countless hours on safety training, risk management, and […]

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