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
We understand every business is unique. You serve people first and foremost. Just because you are a small business does not mean you are exempt from litigation. Every business large or small need general liability insurance to protect your organization from unforeseen events. General liability insurance should be the foundation of your commercial insurance program. […]
June 9, 2018
What is a Fidelity Bond? A fidelity bond, or employee dishonesty, is not insurance but it protects your business against specific losses that may occur from the dishonest acts of employees. The fidelity coverage guarantees that the insurance company will pay the insured business for money or other property lost because of dishonest acts […]
May 27, 2018
Keeping your business moving forward requires a lot of your attention. Every one of our clients wants their business to grow and to have their assets and resources protected. It is important to invest in tools and resources that will allow your business to thrive in 2014. Having the right kind of business insurance is […]
May 17, 2018