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2022 Restaurant Insurance Update

Modern Restaurant Management

Even with robust growth, the restaurant industry faces steep challenges right now, with labor shortages, higher inflation, challenges with home food and drink deliveries, and ongoing food and supply chain shortages. What are the big insurance issues impacting restaurants going forward? Food Delivery Issues.

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Food Safety Education Month Kicks Off September 1 – What to Know

Modern Restaurant Management

One in six Americans is affected by food borne illnesses annually, according to the FDA. Food safety is increasingly becoming more important to the FDA. In 2020, the FDA ushered in a new chapter of food safety with the “ New Era of Smarter Food Safety blueprint,” which established science and risk-based protections.

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Post-Pandemic Insurance Liability Considerations All Restaurant Owners Should Be Aware Of

Modern Restaurant Management

Many restaurants turned to their insurance policies to provide protection for revenue reimbursement, (i.e., insurance proceeds for loss of revenue), but found the majority of insurance policies, unfortunately, did not / do not provide the coverage they anticipated. How Insurance Policies React.

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How Insurance Needs Differ for Traditional Restaurants v. Mobile Food Businesses 

Modern Restaurant Management

Traditional sit-down restaurants and mobile food businesses have uniquely different needs when it comes to insurance. While there is some overlap in coverage needs, it’s important to understand the differences when it comes to insuring your business. Traditional Sit-Down Restaurant Insurance Needs. Dram shop law.

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Managing Risk: Prevent Foodborne Illness, Protect Your Restaurant

Modern Restaurant Management

To do so, they will need to create a complete food safety program to protect the restaurant itself from reputational harm and financial crisis. Whether it’s separating raw meat from pre-cooked foods or cleaning materials from edible ingredients, mixing different types of items can be dangerous. Educate your diners.

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2021 Restaurant Insurance Outlook: Updated

Modern Restaurant Management

With restaurants clawing back and facing new challenges like vaccine credentials and new COVID variants, it’s a good time to check on an equally important, if less prioritized corner of the American dining and drinking sector – restaurant insurance. ” Key Insurance Issues for Restaurant Owners. Vaccine mandates.

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How to Minimize the Economic Impact of Food Recalls

Modern Restaurant Management

At the same time, as food recalls are rising , their economic impact can be devastating for restaurants and other food businesses. Did you know that the average direct cost of a food recall is $10 million , including recall notification and processing, as well as product transportation and disposal?

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