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Category: Business Insurance

Why Workers’ Comp Coverage Will Make or Break a Staffing Agency

Why Workers’ Comp Coverage Will Make or Break a Staffing Agency

Like any business, staffing agencies require insurance to protect their interests and their employees. Staffing agency insurance companies exist to provide the industry with stress-free insurance solutions. Workers’ compensation is the most well-known insurance policy that employers are expected to provide. Temporary staffing is a service built entirely around an agency’s workers, so quality workers’ comp coverage is an absolute must. What Is Workers’ Compensation? Workers’ comp protects businesses and workers by giving employees certain necessary benefits in the event…

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How Liability Insurance Protects Small Businesses

How Liability Insurance Protects Small Businesses

One reason some small businesses have survived the roller-coaster economy is that the owners were forward-thinking enough to protect their assets with small business liability insurance. Here are some of the ways this coverage helps them manage unforeseen incidents. Protects From Lawsuits Those new to running a company are often naive to the possibility of lawsuits. Unfortunately, being sued is a commonplace occurrence that can bankrupt a small business if it is not prepared to go to court. Liability insurance…

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3 Things To Know About Vessel General Permits

3 Things To Know About Vessel General Permits

Just like other transportation methods, vessels are subject to environmental regulations that police the amounts and types of pollutants they discharge. The EPA now requires that all vessels carry a vessel general permit in order to continue to operate. 1. What Is a Vessel General Permit? A vessel general permit, or VGP, controls emissions such as bilge and ballast water, graywater, and deck runoff. Owners must maintain permits by keeping records of all waste and subjecting their vessels to regular…

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3 Ways Nightclubs Can Prevent Sexual Assault

3 Ways Nightclubs Can Prevent Sexual Assault

While a night out can lead to dancing, singing, drinking, and meeting old and new friends alike, it can also lead down a darker path. Under the disguise of beer goggles and dark lights, it’s easy for sexual predators to make a move unnoticed. In order to ensure that your nightclub is a safe space that fosters naught but fond memories, be sure to take some fundamental steps toward protecting your patrons from sexual assault. 1. Create Open Floor Plans…

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A Short Guide To Business Insurance Coverage

A Short Guide To Business Insurance Coverage

Running a business can be extremely rewarding and lucrative.  Being your own boss, pursuing the things you want, and good income are all major benefits to owning a business. However, running a business comes with a good amount of risk. Unexpected catastrophes can cost you large amounts of money and can even put you out of business. Luckily, business insurance coverage can go a long way towards reducing that risk. Why Do You Need Business Insurance Coverage? Running a business…

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Key Differences Between General and Professional Liability Insurance

Key Differences Between General and Professional Liability Insurance

It can be difficult to understand the difference between general and professional liability insurance for construction management firms. On paper, unless you read them carefully, you might think they are the same. They are not. General Liability Insurance This type of liability insurance covers actual physical risks of doing business in the construction industry. This can mean bodily injury to others and property damage. Most general liability insurance policies cover medical claims, reputational harm, advertising errors and any other issue…

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How To Best Understand Miscellaneous Professional Liability Claims

How To Best Understand Miscellaneous Professional Liability Claims

Your company’s bottom line plays a significant part in your overall success. Unfortunately, there are many obstacles that can threaten your ability to prosper. Most of the time, these issues will come in the form of legal consequences. To stay protected no matter what you face, it is important to take time to understand what to expect. Miscellaneous Professional Liability claims, for example, cover a number of exposures. Taking out comprehensive insurance with the right options can help you stay…

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What Are Unenforceable HOA Rules?

What Are Unenforceable HOA Rules?

Many planned communities and residential neighborhoods are governed by a homeowner association. An HOA is established by the land developer as a way to manage the building and selling of new homes on the property, and to create rules upon which purchasing a house is contingent. While most regulations are intended to keep the neighborhood clean and safe, they can sometimes be What Are Unenforceable HOA Rules?. Many also are unenforceable. Enforceable HOA Rules Once the majority of homes are…

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Safeguard Your Business Against Internal Losses

Safeguard Your Business Against Internal Losses

Even with good hiring and screening practices and strong security in place, every type of business has some measure of vulnerability to loss resulting from employee theft. In fact, the majority of theft in the workplace is committed by companies’ own employees. It’s important for all businesses to take active measures to protect themselves against lost revenue caused by theft. Employee Theft Can Go Undetected Not all employee theft is as simple as an isolated incident in which somebody steals…

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Human Resources Liability Exposure

Human Resources Liability Exposure

Your company’s human resources department is involved in almost every aspect of involving your company’s relationship with its workforce. When employees have a problem relating to their employment, they may seek assistance from your company’s HR department. If that department is unable to provide a remedy or if any aspect of personnel management is mishandled, your company could face a liability claim based on improper employment practices. Employment Discrimination Many HR employment liability claims by employees against their employers are…

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