22 Mar, 2022

Liquor Liability Coverage

Many businesses have the majority of their exposures against lawsuits covered by a general liability policy. However, business owners and managers often overlook their responsibility for losses related to alcoholic beverages. A typical liability policy for a business excludes losses that involve:
17 Mar, 2022

Real Estate Agents And Brokers Professional Liability

Real Estate Agents and Brokers Professional Liability Policy protects against loss due to wrongful acts committed by a real estate agent in the course of providing realty services.
15 Mar, 2022

Professional Liability

Increasingly, professionals and certain occupations need special insurance protection as they are targeted by lawsuits. This is due to the high standard of accountability under which they operate.
17 Feb, 2022

Worker Safety, More Corrective Action

In this article, we continue to share examples and ways to improve dangerous situations.
15 Feb, 2022

Worker Safety

In Worker Safety, Overview we discussed the importance of addressing slips and falls by employees. In this part begin sharing examples and ways to improve dangerous situations.
10 Feb, 2022

Worker Safety, Avoiding Dangers

A major element that defines whether a person is an employee is if their time and actions are under control of another party. Since employers control where and when their employees work, they have a major obligation to make sure they are provided with a work environment that is safe.
08 Feb, 2022

Handling a Cellular Distraction

A business that deals with over-the-road transportation is highly concerned with substantially minimizing accidents. Vehicle accidents, besides interrupting work and creating loss of business property, have much wider consequences. Accidents also cause serious damage to public and private property and, more significantly, create injuries and even fatalities.
03 Feb, 2022

Coverage For Business Autos

Many businesses are exposed to the financial consequences of their ownership, use or maintenance of vehicles used in their operations. Most coverage needs can be handled by a Business Auto Policy (BAP) or similar form which cover operations such as:
01 Feb, 2022

Commercial Auto Symbols

Have you ever, during a particularly wild moment, closely examined the insurance policy that covers your business vehicles? If so, you may have noticed the little numbers that appear next to each listed coverage. Hopefully you're familiar with these numbers and their meaning. If not, please see below.
27 Jan, 2022

Umbrella Vs. Excess Coverage

A business usually will buy liability coverage for two chief areas. One is to handle its routine, premises liability. The second is to handle liability that is related to the actions a business performs away from its premises or that may address its professional-level obligation it owes to others while providing products, goods and services to others. A business that uses vehicles, mobile equipment, watercraft and/or aircraft must consider liability protection for those exposures too.
25 Jan, 2022

Policy Insurance Limits

If you examine the insurance policy covering your business, you'll see an insurance limit. For instance:
20 Jan, 2022

Contractual Liability

A business that harms another party or damages/destroys property that belongs to another party may be sued or prosecuted. Larger businesses protect against their liability to third parties with a Commercial General Liability (CGL) policy. An insurance company provides a CGL under some assumptions about the type of losses it is willing to cover.
18 Jan, 2022

Employee or Independent Contractor?

Business owners have a lot at stake when determining whether persons connected with their ventures are employees or independent contractors. The largest issue with making this determination involves taxes and insurance.
09 Dec, 2021

Be A Common-Sense Host

Holidays and special events often include celebrations that bring together families and friends in homes across the country. Food, fun, conversations and spirits flow generously. Unfortunately, such celebrations may be accompanied by injuries and accidents, especially when alcoholic drinks are involved. Increased drinking leads to an increased chance for a personal tragedy and the consequences can be substantial.
07 Dec, 2021

Certificates Of Insurance

Business transactions frequently require the valuable protection provided by insurance. A Certificate of Insurance is a document that is often requested as proof that adequate insurance exists. A certificate is not the same as a policy and certificates do not affect the coverage provided by a particular insurance policy. Therefore, requests to "endorse the certificate of insurance" are inappropriate and misleading. A certificate is a separate document that is used to comply with a common contract requirement to verify certain types and amounts of insurance.
03 Dec, 2021

Electric Scooters

Some cities have fought against the disruption caused by E-scooters. E-Scooter Rental companies have usually taken a strategy used by more mature, sharing and gig economy players such as Airbnb. Rather than adhere to traditional business entry practices, such as undergoing licensing or permit protocols, E-Scooter companies often show up in an area overnight, without advance notice.
16 Nov, 2021

Cyber Crime and Your Business

Cyber attacks are a significant issue for every risk manager and business with any type of computer device and electronic data. If you have not suffered a cyber incident such as a system hack, data stolen or held hostage for ransom, or a phishing email scam, sit tight because the possibility is more significant than you might think.
08 Nov, 2021

Restaurants and Viruses

A restaurant may have greater exposure to a virus or infectious disease simply because patrons remain on the premises longer than most businesses. Plus, food is typically handled by cooking assistants, cooks, and servers before making it to the customer's table. Restaurant employees' touch many surfaces, creating many opportunities for viral infection.
25 Feb, 2021

Social Media Liability

Your chances of suffering a loss is increasingly affected by your use of the Internet and, particularly, social media. Increasing your awareness of social media liability loss exposures may help you to minimize or avoid them.

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