It's wise for producers to recommend employee practices liability insurance (ELPI) to all lumber and wood dealers. In addition, cyber liability ranks as a high area of exposure for these businesses.(Credit: Petrovich12/stock.adobe.com)
From barges backed up in the Atlantic Ocean to price escalations and labor shortages, 2021 brought its share of challenges for business owners in the lumber and building material industries. Yet the past 12 months also included some encouraging signs, giving us a clear direction on how producers can best help lumber and building material dealers reduce their risk profiles and weather the storms to come in 2022 and beyond.
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