Navigating Commercial Insurance for Towing Companies in California

Protecting Your Business, Not Just Your Vehicles Navigating commercial insurance for towing companies in California and beyond. In the fast-paced world of towing and transportation unexpected challenges are part of the job. From roadside assistance in the San Fernando Valley to equipment hauling across Los Angeles Ventura County or even expansive  stretches of San Bernardino County…

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Why PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes

  Why PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes   The Allianz Life incident underscores a critical reality: no business is immune to cyber threats. At PM Insurance Services, we’re seeing firsthand the increasing sophistication and frequency of cyberattacks targeting companies, from small local shops to large enterprises. This is precisely…

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Risk Management Insurance

Risk management is the process of spotting the “what-ifs” in your business—then having a plan (and coverage) in place in case they actually happen. Risk Management Insurance isn’t just one policy. It’s more like a strategy that includes the right combination of insurance coverages tailored to the specific risks your business faces. These can include:…

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Coinbase Data Leak: $20M Ransom After Insider Breach

Hey everyone, crypto enthusiasts and security-minded folks! Let’s dive into some breaking news coming out of the crypto world. Major exchange Coinbase has just revealed a significant security incident where they say some bad actors managed to get their hands on user data. Here’s the scoop: Coinbase reported that bribed workers, specifically some offshore support…

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How All Businesses Can Maximize Cyber Insurance

How All Businesses Can Maximize Cyber Insurance Coverage in a Shifting Risk Environment In today’s fast-evolving cyber threat landscape, having a properly structured cyber liability insurance policy is no longer optional—it’s essential. Businesses across every sector, from healthcare to retail, manufacturing to finance, are facing increased risks from ransomware, data breaches, and operational disruptions. As…

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Healthcare Cyber Insurance

  Healthcare Cyber Insurance: Lessons from the DaVita Ransomware Attack Impact The recent ransomware healthcare attack on DaVita, a leading provider of kidney dialysis services, has sent shockwaves through the healthcare industry. This incident underscores the critical need for robust healthcare cyber insurance and proactive cybersecurity measures to protect sensitive patient data from ransomware. PM…

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Time for a Cannabis Policy Reset

  Time for a Cannabis Policy Reset: Outdated Regulations Are Fueling the Illicit Market State cannabis regulators are still operating under rules designed for a brand-new industry—and that’s become a big problem. Instead of helping the legal cannabis market thrive, these outdated frameworks are making it harder for licensed businesses to survive. Meanwhile, the illicit…

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Why Life Insurance is a Must-Have for Financial Security

  Why Life Insurance is a Must-Have for Financial Security Let’s be real—life insurance isn’t the most exciting topic, but it’s one of the most important financial decisions you can make. If you have loved ones who depend on you, life insurance is a key part of making sure they’re taken care of no matter…

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California’s Cannabis Excise Tax Set to Increase

  California’s Cannabis Excise Tax Set to Increase: Industry Concerns Grow California’s cannabis industry is bracing for a significant excise tax increase, set to take effect on July 1, 2025. The statewide cannabis excise tax on dispensary sales will rise from 15% to 19%, a 27% increase, adding to existing state and local taxes. In…

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Cannabis Vape Companies Face Safety Concerns Amid Rising Tariffs

Major cannabis vape companies are shifting their manufacturing operations away from China due to increasing tariffs that could pose safety risks for consumers. Rising Tariffs and Industry Impact The U.S. imposed a 25% tariff on vape products made in China back in 2018, during President Trump’s administration. This move pushed many cannabis vape companies to…

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