Local legislation in Baltimore has passed a bill banning polystyrene foam (Styrofoam). While this is great news for the environment, our water quality, and waste management, it is a problem for production plants and local retailers. According to local retailers, the alternative to Styrofoam is expensive. For every dollar spent on Styrofoam, it would cost $1.85 to provide a replacement. How could an event like this affect your business? The increased expenses in this example could be covered through Oxford’s Actual Net Loss Policy’s Legislative and Regulatory Changes coverage.
Call Oxford today to see how our solutions could help protect your business from the unexpected. 410.472.6490