Friday, March 7, 2014You could be liable for your customers’ actions, even after they leave Image Credit: Bem Devassa A business's general liability policy covers the establishment against on-site incidents that can result in liabilities and lawsuits. That is the same for nearly any business. READ MORE >>
Monday, January 20, 2014Erecting a building is a highly detailed project that can take months to accomplish, all the while exposing the unfinished structure to the risk of damage due to inclement weather and other forces of nature. Each year, property losses caused by fire, storms, and other weather events cost tens of billions of dollars in necessary repairs. READ MORE >>
Thursday, December 12, 2013Every workplace contains hazards (albeit sometimes hidden hazards), even a calm, quiet corporate office. In 1970, Congress passed the Occupational Safety and Health Act (OSHA) in order to protect workers in every industry. This act requires employers to adhere to specified safety standards, thereby providing a safer workplace with fewer risks. READ MORE >>
Tuesday, October 29, 2013Insuring your home-based business is just as important as a corporation securing their insurance policies. Starting your own business takes motivation, determination, and capital. You must decide how you’ll purchase supplies, market your products, handle inventory and more—but many entrepreneurs overlook insurance. READ MORE >>
Thursday, September 12, 2013Times are hard out there, and businesses are doing everything they can to cut costs and stay afloat. However, too many business owners are giving in to temptation and canceling their business insurance, leaving them dangerously exposed to litigation, loss, and damage. READ MORE >>
Tuesday, August 13, 2013A business has to control its costs wherever and whenever it can. In most situations, that involves simply forecasting future trends and planning accordingly. However, how can a business and its leaders plan for the unexpected? Who could possibly envisage a situation in which a company finds itself at the wrong end of a malpractice lawsuit? READ MORE >>
Monday, August 12, 2013Cybersecurity risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study released today.
The study, titled “Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age” and conducted by Experian Data... READ MORE >>
Monday, July 29, 2013A Business Owners Policy, or BOP, is a type of insurance that puts all the basic coverage a company needs in a single package. This results in a total cost that is lower than the overall cost of purchasing several individual types of coverage. This type of policy is very beneficial for small and medium-sized businesses. READ MORE >>
Monday, July 22, 2013Let's start with some numbers: In 2011 the FBI secured $2.4 billion in restitution for corporate fraud The same year, the FBI ordered $16.1 million in fines from corporate criminals The median loss in a fraudulent scheme for businesses of 100 employees or less is $190,000 READ MORE >>
Wednesday, June 19, 2013Factory and manufacturing work always carries a risk of heat stress and heat-related illness. Factories are inherently difficult to cool, and the machinery and processes typically generate heat. However, managing heat stress in employees is not only the right thing to do, it is good business. READ MORE >>
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