News


Commercial Auto Insurance Limits

Commercial Auto Insurance Limits

What are your commercial auto insurance limits? Many companies get commercial auto insurance with $1 million in liability limits and consider their risk covered. But what about some of the other jargon you may see on your policy—specifically first-party benefits and uninsured/underinsured limits? Should you, as the business owner, stick to the minimum or go […]

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Buy-Sell Agreements and Key Life Insurance

Key Life Insurance

Have you ever heard of Key Life Insurance or “Key Man” Insurance? We often hear about life insurance as a personal insurance policy, but what about for business owners? A business owner must consider the implications if an owner passes away unexpectedly. Is there a plan to recover from that loss? Where will the funds […]

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Should I be a Sole Proprietorship or LLC?

Should I be a Sole Proprietorship or LLC

Are you an LLC or a sole proprietorship? Business owners often start up quickly as a sole proprietorship and do not consider the implications from having their personal name associated with the business. If given the choice, wouldn’t you want to separate yourself personally from potential liabilities of your business? A limited liability company (LLC) […]

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Protect Your Business from Wrongful Employment Practices

Wrongful Employment Practices

Wrongful employment practices include harassment, unfair hiring/firing practices, and discrimination. This is a very broad definition and it leaves the door open for lawsuits from current and past employees for a myriad of reasons. Today, more than ever, allegations against employers for unfair or discriminatory practices are seen in the news, and lawsuits and reputational […]

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Additional Risks from Commercial Lease Agreements

Additional Risks from Commercial Lease Agreements

Be careful when signing commercial lease agreements. Additional risks from commercial lease agreements can arise when your insurance doesn’t cover the exposures you agree to carry in the lease. Commercial lease agreements are a binding contract between the lessor and the lessee. Do you know what you are agreeing to when you sign that lease? […]

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Work From Home Policies Must Include Insurance

Work From Home Policies Must Include Insurance

Does your company word from home policy include insurance? A workers compensation claim can be filed regardless of the location where the injury happens. When an injury occurs, the insurer will want to know what the employee was doing at the time of injury, when the injury happened, and where.If your employees telecommute or work […]

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Businesses Should Take Control of Their Fleet Program

Businesses Should Take Control of Their Fleet Program

Businesses that have an over-the-road exposure should take control of their fleet program. A dedicated fleet supervisor can help employees understand what is expected of them when driving a company car.Fleet supervisors not only enforce your business’s policies and procedures, they also develop and oversee ongoing training for company drivers. Don’t assume drivers know it […]

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Helping Injured Employees Return to Work

Helping Injured Employees Return to Work

Let’s look at how to help injured employees return to work. Many employers think they have no control over helping an injured employee return to work after a workers compensation claim. On the contrary—the employer can control much of the situation and ensure that employees return not only to gainful employment, but also to duties […]

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Cyber Insurance Isn’t First Line of Defense

Cyber Insurance Isn’t First Line of Defense

Cyber insurance is not protection for your business. It is simply coverage for losses. Let’s look at some things you can do to protect yourself so that you never need to use your cyber insurance. While not new, cyber risk insurance is still perceived as such by many business owners who fail to understand the […]

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Employees Who Use Personal Vehicles for Work

Employees Who Use Personal Vehicles for Work

Are employees who use personal vehicles for work covered? Let’s dig deeper and look at some scenarios. If your business doesn’t own any automobiles but your employees periodically run errands or do other business using their personal vehicle, you have some special commercial auto considerations. Your employees’ personal auto insurance may cover intermittent use of […]

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