In an effort to increase the regulation of gun sales in Tacoma, local legislation has proposed a new tax per gun sale to go towards violence prevention programs. In the Wall Street Journal, Dan Davis, a co-owner of a gun shop states “It’ll put us out of business”. If a local regulation or legislation was passed that affected your income, would you be able to protect your business? Through Oxford’s Actual Net Loss Policy’s Legislative and Regulatory Changes coverage, clients may be able to recover the income lost due to these types of events.
Call Oxford today to see how our Enterprise Risk Management Solutions complement your Commercial Insurance Program to ensure that events like these are covered.
Read full article here.