There are a wide array of companies throughout the world, but what is imperative for each and every single business to have is some form of commercial insurance. Choosing to go with captive insurance as opposed to traditional commercial insurance is a possible alternative. Selecting a cell insurance company for coverage can be highly beneficial […]
What You Need to Know About Temp Workers
A lot of industries rely on temporary employees from time to time. Your company may hire temp employees during a peak season or when your regular employees need to take a leave of absence. Here is what you need to know about temporary workers. How Are Temporary Workers Classified? When you have temp workers, you […]
What You Need to Know About USLH Insurance
If you work in the maritime industry, standard state workers’ compensation coverage may not be enough for your business. Under the Longshore and Harbor Workers Compensation Act, your business may be required to carry United States Longshore and Harbor coverage. Facts About the LHWCA The LHWCA is a federal workers’ compensation act. It covers harbor […]
What You Offer as an MGU
As an MGU, do you want your clients to be thoroughly satisfied with your services? To set yourself up as a favorable alternative to a traditional carrier, you need several key qualities. Here’s what you should offer by way of professionalism and personality. 1. Creativity Your job is to evaluate your client’s risks and prepare […]
A Short Guide To Sexual Misconduct Insurance
All business owners hope they will never have to face the financial and emotional devastation of a sexual misconduct claim. Unfortunately, claims of sexual misconduct are not uncommon and can happen in any business. On average, there are 15 new claims of sexual misconduct every month and there are roughly 150 sexual misconduct claims pending […]
Understanding Liability Issues When Injuries Occur on Your Property
Have you ever wondered whether you would be liable for a guest’s injuries that occurred on your property? While property liability policies may vary, your responsibility for injuries on your property usually depends on a number of factors. Your Liability May Depend on the Visitor’s Legal Status Whether or not you are liable for another’s […]
A Short Guide To General Liability Insurance For Contractors
As a contractor, you face a variety of different situations on a daily basis as part of your job. This variety of different situations can open you up to a number of risks that have the potential to cause massive financial damage. Liability issues in particular can be extremely costly and can cause you to […]
Protect Your Consulting Firm
Consultants work in a variety of industries. Other professionals rely on your agents to provide valuable advice in creative and business projects. When you offer professional advice, there is always a chance that you could make a mistake or your advice might not go according to plan. For this reason, you need to have consultant […]
How Risk Retention Becomes Risk Management
Every business in every industry faces risks every day. To mitigate the risk, businesses invest in different insurance policies. For example, if someone slips and falls in your business and suffers an injury, then your liability insurance should be able to cover the legal fees associated with a lawsuit. Workers’ compensation, as another example, covers […]
Protect Temporary Staff With EPLI
Staffing agencies face unique exposures related to employment issues. These companies must have Employment Practices Liability Insurance to protect against employment-related claims. It is vital to protect temporary staff with EPLI coverage. Staffing Industry and EPLI Businesses that provide temporary workers face different challenges and risks due to employees’ placement in other locations. Staffing companies […]