Errors and omissions coverage for real estate agents dealing in either commercial or residential properties can be hard to shop for if you’re new to the market. Like other financial sector liability coverage, it needs to be carefully calibrated to both your professional role and the regulations of the markets you operate within. As such,Read More…
A recent court case, By Referral Only, Inc. v. Travelers Prop. Cas. Co. of Am. 2019 is a case study on why every business that offers benefits should carry sufficient fiduciary liability insurance. Here are the facts. Background By Referral Only, a small company in California with a double-handful of employees employed Teresa McGee untilRead More…
As a business owner, you may feel like there’s a new policy you hear about every day. Sometimes it may feel overwhelming but these policies protect you from situations that you may not have considered but that put your business financials at real risk. Fiduciary liability insurance is one type of policy to consider. HereRead More…
Many business owners are under the impression that liability for claims arising out of employment falls within the scope of general policies. They may also conclude that employment practices insurance is not particularly relevant to their operations because they have good relationships with their employees or they have fairly few staff members. In reality, everyRead More…
Contractors who work in road and highway construction know that safety is paramount. Not only are they responsible for safety within the work zone, they’re also accountable for protecting the traveling public as well. Barricades, signs, and other devices are employed to help direct drivers and pedestrians around or through the work zone. The lastRead More…
Running an industrial business means your entire livelihood is based around the performance of your equipment. Unfortunately, even the best and most efficient of machinery can fall prey to disaster. Whether an accident with your equipment leads to workers being injured or a faulty part leads to a machine completely breaking down, you absolutely wantRead More…
If you run a small business, chances are that you are aware that you face a lot of risks. You face physical risks like property damage and injury and you face liability risks. However, there is also a third category of risk that you should be aware of. With more businesses than ever using technology,Read More…
The majority of claims in the temporary staffing industry involve workers’ compensation issues. If these claims are smoothly processed, some industry managers might mistakenly believe their companies are well insured when risky coverage gaps may exist. With such risks in mind, effective temporary staffing insurance programs must extend well beyond workers’ compensation. General and Professional Liability RiskRead More…
Workers’ compensation insurance is required in every state, and it can add up to a considerable expense for certain businesses. In some areas, companies have an option to self insure. There are benefits to this approach, but there can also be drawbacks. The following tips can help you uncover the intricacies of self-insured workers’ compRead More…
If your business has contact with the public, you face various possible risks related to your services, like slip and fall incidents or accidental property damages. Public liability insurance covers the legal costs and settlements connected with lawsuits filed against your company. Do You Need Public Liability Coverage? Your specific needs depend on many factors.Read More…