Category: Hospitality and Liquor

Hospitality and Liquor
// June 6, 2019

In 2018, alcohol sales in the U.S. reached an astonishing $253.8 billion (The Drinks Business). This was a $12.4 billion increase from 2017. Aside from a lot of zeros, these figures mean a huge opportunity for the liquor liability insurance industry. Anyone in the business of selling, serving or distributing alcohol has a need for…

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Hospitality and Liquor
// March 7, 2019

According to Eventbrite, three out of four millennials (a third of the U.S. population) would rather spend their money on an experience than buying something desirable. The latest generation is more demanding of the quality of an event. They are searching for moments, memories and unique activities. This need for fresh and exciting experiences will…

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Hospitality and Liquor
// December 6, 2018

Liquor liability losses are significantly different from typical general liability losses. General liability losses often involve slip and falls or food poisoning, which result in low payouts and relatively high frequency. Liquor liability losses are the reverse. Significant injuries and even death can result from the auto accidents allegedly caused by over service of alcohol….

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Hospitality and Liquor
// September 6, 2018

Bar and restaurant sales in the U.S. were close to $800 billion in 2017 (The National Restaurant Association’s 2017 State of the Industry Report). With over 1 million establishments in the U.S. alone, this industry makes up 10 percent of the overall workforce. In addition, there has been increased growth in brewpub establishments that focus…

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Hospitality and Liquor
// June 7, 2018

According to Statista, fast food sales in the U.S. were close to $200 billion in 2017. There are over 250,000 establishments, and the industry is anticipated to grow by 3 percent in 2018. There has also been a surge in healthier fast food alternatives such as Honeygrow, Noodles & Company, Zoe’s Kitchen and numerous juice…

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Hospitality and Liquor
// March 8, 2018

Spring is soon upon us and the season for special events, particularly weddings, is fast approaching. Many of you, our valued customers, are aware that USLI offers special event coverage for event hosts and sponsors, but you may not be aware that special event coverage is also available for vendors at events, including off-premises caterers….

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Hospitality and Liquor
// December 6, 2017

Fraternal clubs (American Legion, VFW, Hibernians, Elks, Moose, etc.) and sports clubs (golf, tennis, etc.) differ from restaurants and bars open to the general public because they have restricted admission policies. Club members form a community that has greater concern for fellow attendees and less of a profit motive for service staff leading to over-service….

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Hospitality and Liquor
// September 7, 2017

USLI’s Wedding Plus product provides our most complete and cost-effective coverage for weddings with up to 500 attendees. However, many customers and third-party wedding venues have increased limit requirements above the $1 million/$2 million offered under our product. In the past, the need for higher limits caused USLI to write wedding receptions outside of the…

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Hospitality and Liquor
// June 6, 2017

In the aggregate, special events policies can be a significant contributor to your top line growth. Your customers have plenty of significant events and rely on you for coverage: christenings, first communions, bar/bat mitzvahs, graduations, weddings, retirements and many other life events in between. The problem has always been that most special event policies involve…

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Hospitality and Liquor
// March 13, 2017

During wedding season, people often recite popular hymns, passages and lyrics during their ceremonies. “Love is patient, love is kind. It does not envy, it does not boast, it is not proud.  It does not dishonor others, it is not self-seeking, it is not easily angered, it keeps no record of wrongs” is one of…

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Hospitality and Liquor
// December 8, 2016

The food revolution in America has improved our eating habits, fueled competitive cooking shows on network television and expanded the range and quality of dining options. To date, we have not capitalized fully on the expanding restaurant and dining scene, as our traditional book of business focused on lower-end and smaller establishments. In a continuing…

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Hospitality and Liquor
// September 12, 2016

Many off-premises caterers mistakenly believe that they do not have liquor liability exposure because they do not sell alcohol and do not have a license to sell alcohol. These caterers concentrate on the elegant preparation, presentation and service of food but can offer alcohol service as an accommodation for clients who purchase and supply the…

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