How to Properly Insure Summer Interns
Posted: April 9, 2017
Many businesses are getting ready to hire summer interns. These internships can be rewarding for the college student as well as provide some help to the business. Offering paid or non-paid internships can create risk for your business. If the interns are receiving wages, they will be considered employees of the company, and eligible for workers’ compensation insurance coverage under your current policy. If the...
Undocumented Workers Can Be A Big Issue
Posted: March 23, 2017
Are Undocumented Workers Covered Under Workers’ Compensation? A Business Insurance Update With all the talk these days about illegal immigration, we thought it might be good to answer a common question. That is, are undocumented workers covered under workers’ compensation? According to the U.S. Department of Labor and Homeland Security, undocumented immigrants make up 3.2 percent of the United States' population. The Federal Government requires...
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...
Restaurant Insurance… A Recipe For Success
Posted: January 21, 2015
Restaurant Facts According to the National Restaurant Association, in 2014, restaurants employed over 14 million people and achieved over $600 billion dollars in sales. Restaurants accounted for about 45% of the total dollars spent on food, and 45% of adults said restaurants are part of their daily life. This is good news for the restaurant industry because it means that there are a lot of...