Understanding Workers Compensation The widow and son of a Bartlesville, Oklahoma man who died during firefighting training have been awarded more the $503,000 in federal and state death benefits despite testimony that said the man was never with a fire department. This account from the Insurance Journal and many more like them pop up in […]
November 13, 2014
Inland marine insurance What is Inland Marine Insurance? As a business owner, it could be you’ve never heard of inland marine insurance, or maybe you’ve dismissed it because of the name. Well, you might want to think again. Inland marine insurance was first created to cover the transport of goods over water, but the definition […]
November 7, 2014
Ridesharing – How it is affecting the Insurance Industry The popularity of commercial ridesharing, which connects drivers and riders for a fare with the click of a button on a smartphone app, has skyrocketed across the country in recent years. Transportation network companies (TNCs) like Uber and Lyft have not only “disrupted” the taxi’s traditional […]
October 22, 2014
Hurricane Threats-Resulting Flood Exposure According to reports from The Weather Channel in early October, there still remain threats of Atlantic hurricanes to hit this month. Florida is the state most likely to see a hurricane make landfall in the month of October, with the southern part of Florida most at risk. In fact, the last […]
October 13, 2014
What is Medical Professional Liability/Medical Malpractice Insurance? Professional liability is negligence by a health care provider resulting from a failure to use due care or where the standard of care falls below what is expected from a person in a particular profession. A medical professional liability insurance policy covers bodily injury or property damage as […]
September 18, 2014
If you are a business that manufactures, serves, sells or distributes alcohol you need Liquor Liability Insurance. Liquor Liability Insurance is recommended to protect your company from potential financial losses arising from litigation involving alcohol-related damages. Alcohol creates real and significant exposures for restaurants, bars, taverns, and hotels. These operations develop a large percent of […]
August 5, 2014
There is no question that operating a business comes with certain risks. But there are also many benefits. The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage if you know how to manage your risk. Here are a few simple ways to manage risk: Follow insurance […]
July 23, 2014
California Property managers have a need for proper insurance coverage. Property Managers often get caught in disputes between owners and tenants. Property managers can not only be sued by their own employees, but also by the staff of the property owner. Also, property managers who have an equity interest in property have increased risks that […]
July 18, 2014
According to IT Business Edge, 50% of businesses listed cyber security as one of their top five business risks. “With the revelations of the National Security Agency (NSA) surveillance program and retail store Target’s breach of confidential credit card information, this heightened awareness has been justified and provided warning of the need for awareness and […]
July 8, 2014
Every business must follow federal, state and local laws. Failure to follow these laws can create risk and liability for your business. Your business insurance may respond to these depending on the claim or action brought as a result of failure to follow the law. Important business laws Employee Personal Records – As a business […]
June 21, 2014