How Prepared Are You?
Posted: March 9, 2017
Is Your Business Prepared For A Loss? Your business insurance can respond to many kinds of risks and losses. Protecting your business from loss can mean the difference between having a great year, and having to close your doors. According to the Insurance Information Institute, 30% of businesses that have a fire never re-open. Therefore, it pays to have the right business insurance and to...
Is Your Business Insurance Keeping Up With Your Business?
Posted: January 9, 2017
A Business Insurance Update Your business risk keeps changing, and you need a business insurance program that keeps up with your risks. Your business insurance is an important part of your risk management program. It is important to have the right insurance coverage, competitive pricing, and the right insurer. It is necessary to update your commercial or business insurance coverage to insure your business can...
Is Your Business Ready For The New DOL Overtime Rules?
Posted: October 12, 2016
Business Insurance Update Is your business prepared to undertake new overtime rules that will be set into place on December 1, 2016? If you are fined because of non-compliance, your business insurance will not provide coverage. Business insurance policies are not designed to cover government fines. The US Department of Labor (DOL) released the final rule that raises the white-collar overtime exemption threshold under the...
How Will the New Minimum Wage Impact Workers’ Compensation
Posted: May 9, 2016
Many states and cities are enacting new minimum wage laws, and all will feel the impact. Not only will the cost of goods go up, but also every business will see an increase in workers’ compensation costs. Those business with a high minimum wage work force will see an even higher premium increase. In California for example, the wage increase affects 43% of the state’s...
The New Economy Creates New Risks For Businesses
Posted: November 12, 2015
Workers’ Compensation Must Respond To The New Economy Every business has faced issues related to the new economy. The new economy involves how work gets done in today’s millennial environment. Your workers’ compensation and business insurance programs must be designed and respond to these new risks. Now would be a good time to have your business insurance program reviewed to make sure that you have...