The Liabilities Of A Fiduciary
Posted: September 12, 2019
The Liabilities Of A Fiduciary If you are an owner, director or officer of a private or public company you have a fiduciary liability exposure. You may be responsible for the selection of retirement or benefit providers or plans and these decisions can create personal liability for you. What is a fiduciary? Under ERISA, fiduciaries can be held personally liable for losses to a benefit...
Understanding The Different Types Of Surety Bonds
Posted: September 4, 2019
If you are in business in any of a wide range of industries, surety bonds are likely to be part of your business insurance package. These bonds are used in a variety of business situations in which an additional guarantee for the quality of service or products is required. The following is some basic information about the different types of security bonds used in business...
How Many Of My Employees Need Key Person Insurance?
Posted: August 22, 2019
Key person insurance can help protect your business in the same way that life insurance helps protect your family. The most valuable asset of any business is its people, and a company can become dependent on certain key persons for its success. If you have executives or employees who are critical to your business, you need key person insurance as part of your business insurance...
Commercial Property Insurance
Posted: August 11, 2019
Most every business owns business property, and may also own the building in which you run your operations. Property insurance protects the physical assets your nonprofit owns – such as computers, office equipment, buildings, furniture, fixtures, and other property. Every business should have a comprehensive property insurance portfolio to respond to the many risks associated with property ownership. Property policies offer many unique kinds of...
Understanding Workers' Comp
Posted: August 8, 2019
Workers’ comp is not a perfect system, and sometimes things can wrong or fall through the cracks. If an employee filed a valid claim, workers’ comp should cover all their medical expenses resulting from the work-related injury. If anything goes wrong with this process, it is important to find out what went wrong with the claim and get it corrected. How Does An Employee File...