Securing Tomorrow: The Keys to a Business Continuation Plan
Posted: November 22, 2023
Businesses face an array of challenges in today's ever-changing world. Disasters, economic downturns, and unexpected events can threaten the very existence of a company. A well-thought-out business continuation plan is the key to ensuring the resilience and survival of your business. In this article, we will explore the essential elements of a business continuation plan and why it is crucial for long-term success. Comprehensive...
The Importance of Property Insurance for Landlords
Posted: July 9, 2023
As a landlord, you understand the significance of protecting your investment. Owning a rental property comes with its fair share of risks, ranging from property damage to liability claims. In such circumstances, having comprehensive building insurance can provide you with peace of mind and financial security. Safeguarding Your Property: Your rental property is a valuable asset that needs protection. Building or property insurance covers the...
Why Products Liability Insurance Is Important To Manufactures
Posted: May 9, 2023
In today's consumer-driven world, manufacturers are responsible for producing products that are safe for their intended use. Unfortunately, not all products meet this standard, and some can cause harm to consumers. This is where products liability law comes in. Products liability is a legal theory that holds manufacturers, distributors, and sellers of products responsible for any harm that their product causes to a consumer. This...
Top Five Costly Workplace Injuries
Posted: March 16, 2023
If an employee is injured on the job, employers are legally liable to the employee. Workers’ compensation will even cover employees who are involved in auto accidents while away from the worksite, if the accident occurred while on the job. Workplace accidents happen every day and most could have been prevented. According to the U.S. Bureau of Labor Statistics (BLS) and the National Academy of...
Contractors Have Professional Liability Risks
Posted: March 9, 2023
According to the International Risk Management Institute, contractors, project owners, and project professionals have an increased risk of professional liability claims. Yet less than half of all contractors in need of the coverage are buying it. Insurance can play an important role in “on-time and on-budget” projects. If your contractors’ insurance coverage is not written properly, your business may not survive financially. Many contractors don’t...