Management Liability We live in a time where lawsuits are common. Private firms are no longer immune from litigation involving employees, competitors and even the government. Management or professional liability insurance is not just good business; it is as necessary as heating and lighting are for your office. Statutes and state & federal regulations are […]
September 16, 2018
Directors and officer’s liability insurance helps protect your association, owners, executives and managers if individuals, competitors, third parties or government regulators make claims. A lawsuit against directors and officers most commonly occurs when, clients, competitors or others feel they suffered a loss in the value of their shares because of actions that the board or […]
September 14, 2018
Business Income insurance is a property coverage that is designed to cover the loss of income following a partial or total shutdown of business operations. Loss of income could be the result of “loss of rents” due to damage to a tenant’s premises or loss of income due to a manufacturing shut-down caused by a […]
September 6, 2018
Errors and omissions insurance (E&O) is a specialized liability insurance that protects companies and individuals against claims made by clients for negligent acts, errors or omissions committed during business activities that result in a financial loss for the client. Errors and omissions insurance often covers court costs/legal fees and settlements up to the amount specified […]
August 21, 2018
As a supervisor, you play an important role in an ill or injured employee’s recovery and return to work. When an employee has the opportunity to return to work you can often help speed recovery by providing certain accommodations. Your organization and employee can both benefit from “transitional” duties such as modified work, alternative work […]
August 12, 2018
Cyber Liability continues to be a major issue for businesses in 2018. In today’s data-driven social media world, businesses of all sizes have had a cyber-attack or data breach. Statistics show 39% of all cyber incidents affect businesses with fewer than 100 employees. With the recent breaches in the financial and hospital industries, many businesses […]
July 30, 2018
Having the right kind of business insurance is very important to every business, because you rely on business insurance to protect your assets in the event of a fire, theft or other loss. In 2017, there were over 364,000 commercial fires which caused 2,400 deaths and over 6,600,000,000 of damage. (FEMA Report) Here are some […]
July 21, 2018
We have all heard of identity theft as it relates to individuals. Most of us have some form of identity theft protection just in case. However, businesses are now facing the same kind of risk, only as it relates to their business. The emerging risk includes; business tax fraud, trademark issues, website hacks, and credit […]
July 12, 2018
A Business Insurance Update You buy commercial insurance to protect your business from the unforeseen events that might cause a claim, damage, or loss. Commercial insurance provides the financial resources necessary to help your business recover from a covered loss. We will review your exposures to risk and compare these to your current coverage. If […]
June 28, 2018
Cyber risk and cloud computing is a topic that keeps evolving. In a recent study, 40% of companies thought they did not need cyber liability insurance. Many thought cyber liability was covered under their business insurance policy. And others thought that if they used the cloud to store client’s information that they had no risk. […]
June 16, 2018