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…
No matter the business you work in, mistakes can happen. E&O insurance coverage for staffing agencies covers errors and omissions that may happen. While E&O coverage does cover mistakes, it does not cover intentional acts. Here are two of the most common risks for staffing agencies. Staff Performance Sometimes, you perform all the required backgroundRead More…
Long-distance truckers haul many types of goods. Conventional freight insurance is usually enough for items considered safe, such as dry goods, and materials that do not pose spoilage or combustion risks, thereby endangering public health and safety. However, laws require additional specialized coverage for tankers hauling toxic chemicals and other dangerous cargo. The experts atRead More…
“It is impossible to protect yourself against all liability, and it can be extremely difficult to protect yourself against liability where you are only indirectly involved. Fortunately, you have a couple of different options to minimize your risk if you’re concerned about potential liability issues. Contingent Liability Contingent liability insurance is a type of coverageRead More…
Putting together a statewide event can be an exciting endeavor that benefits the residents of the area as well as tourists. State fairs and expos are popular events filled with entertainment, experiences, food, specialty products for sale and other features that attract large crowds. However, before delving into the fine details of your event, itRead More…