A significant part of business
planning is dealing with potential
exposure to loss. Commercial
insurance facilitates the transfer
of potential business-related
risks to an insurance company
for a price or premium.
The District of Columbia Department of Insurance,
Securities and Banking (DISB) regulates the financial
services industries in the District of Columbia by
administering insurance, securities and banking laws
and regulations. This District government agency
oversees insurance companies and producers, brokerdealers,
mortgage lenders, check cashers and Districtchartered
banks, to name a few entities. DISB ensures a
positive business climate that encourages fair and open
competition and increases the number of financial services
firms conducting business in the District.
One of the insurance resources DISB recommends is Insure
U for Small Businesses. Created by the National Association
of Insurance Commissioners, of which DISB is a member,
Insure U for Small Businesses is a comprehensive public
education program that provides small businesses with
information about business risks and insurance options.
Insure U for Small Businesses includes an online education
site and public service announcements in English and
Spanish. Visit insureuonline.org for more information.
BUSINESS INSURANCE INFO
For general inquiries about business insurance in the
District of Columbia, contact DISB at (202) 727-8000
or visit disb.dc.gov.
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CONTRIBUTOR: The DC Department of Insurance, Securities
and Banking
/insureuonline.org
/disb.dc.gov