Promotion Winners
Ordinance and Law Insurance: the Surprise Costs of Building Code Grandfathering
If you own a commercial building, you might not know how much ordinance and law insurance you need. In fact, many owners don’t have this coverage at all! Ordinance and law insurance is essential to help fund required code compliance for building repairs after a loss event. This coverage is unique—every policy is different—because it […]
Read More....Worker’s Compensation When Traveling Out of State
Let’s look at worker’s compensation when traveling out of state. If you or others in your company travel out of state on business (whether by car or other modes of transportation), beware of different state laws regarding workers compensation and exclusions. Some states require your company to file a separate workers compensation policy in their […]
Read More....Should You Drop Company Officers from Workers Comp?
Should you drop your company officers from workers comp? In many states, officers of companies can exclude themselves from workers compensation insurance coverage, but is it wise? Business owners know the importance of providing workers compensation coverage for employees. In many cases, it is required by law and may be the sole recourse for employees […]
Read More....Do You Need Fiduciary Liability Insurance
Do you need Fiduciary Liability Insurance? If you personally handle assets, administer benefits plans, sign checks, or send members of your organization to other firms that handle a 401(k) plan, then you are subject to claims alleging a breach of fiduciary care. Fiduciary liability insurance is a very important coverage for businesses today, because individuals […]
Read More....Small Businesses: Sole Proprietorship or LLC?
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) is one such strategy: an LLC has its […]
Read More....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) […]
Read More....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? […]
Read More....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 […]
Read More....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 […]
Read More....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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