Among the many decisions an employer makes when buying business interruption insurance is whether to insure ordinary payroll, and if so, for what length of time. It is important to consider and revisit this question periodically, because your business needs can change from year to...
As a leader within your organization, you want to trust your employees and the people you do business with. However, the reality is that no business is immune to the threat of crime and fraud. In fact, the Association of Certified Fraud Examiners estimates that...
Inland marine insurance was once used strictly in the ocean marine industry to protect against property losses before, during and after water transfers. As the non-ocean aspect of the cargo journey developed, cargoes were transferred to barge, and the term “inland marine” was created. These...
Every year, people report fraud, identity theft and bad business practices to the Federal Trade Commission (FTC) and law enforcement partners. According to FTC data, more than 2.8 million people reported fraud in 2021, and 1 in 4 said they also lost money. The median...
Running a business entails a multitude of responsibilities and decisions. Whether they are making strategic choices or overseeing daily operations, business leaders are exposed to numerous risks. Management liability insurance consists of a package of policies designed to cover the exposures businesses and their leaders face....
Your livelihood is dependent on the survival of your business, so it is imperative that you protect it against any potential threat —big or small. For instance, a fire could destroy your business’s warehouse and the contents inside, or a burst frozen pipe could damage...
Heat and humidity can cause several different types of heat-related illnesses such as heat cramps, heat exhaustion and heat stroke. Knowing the signs and symptoms of each type of heat-related illness will help to keep you safe on the job. Normally, the body has ways...
In today's competitive job market, it's more important than ever for companies to offer competitive employee benefits. Not only do benefits help attract top talent, but they can also help retain employees and save the company money in the long run. There are many different types...
Understanding the outside factors that impact your commercial property insurance can be complicated, particularly for those with little to no knowledge of what goes into the underwriting process. While the type of business you’re in, your location and the state of the insurance industry in...
The top priority of OSHA is keeping workers safe. While workplace fatalities have been decreasing in recent years, motor vehicle crashes continue to be one of the leading causes of death among American workers. As distracted driving dramatically increases the risk of vehicle accidents, OSHA...
Cellphone use has become commonplace, and text messaging, emailing and conducting business via cellphone have become routine. While the convenience of cellphones can be enormous, problems arise when using a one while driving. A Nationwide Insurance poll found that 81 percent of cellphone owners admitted to...
Employers are responsible for their employees’ safety and well-being at work, and that includes motor vehicle safety when they are driving company vehicles or on company time. Ensuring that employees learn proper driving safety techniques is advantageous for employers in several ways. Having a good...
Spring can bring about some of the year’s most dangerous weather and wreak havoc on many aspects of a company’s operations. This article discusses the severe weather threats to watch out for during spring and measures businesses can take to minimize damage. Dangerous Spring Weather Unexpected severe...
Uber, Lyft and other rideshare apps can make it easy to get a quick car ride or make some extra income, and they’re only becoming more popular. In fact, in the cities where these platforms are available, taxi ridership has declined anywhere from 10%-30%. However,...
As a catering company, much of your day-to-day focus is on providing exceptional food and service to your clients. However, it’s important to be aware of the risks common within your business operations. After all, there are many different challenges that caterers face, which—if not...
Restaurants provide a multitude of slip, trip and fall hazards, whether it be from spilled liquids, high customer traffic or other means in our kitchen, dining areas and storage rooms. Restaurant accident prevention is the number one way to reduce injury. We can all play...
The holidays are an exciting time, and many religious organizations see a peak in services, patrons, and with those increases the risk of incident raises. Many beautiful services require an increase of electrical cords and connections, candles, and fire hazards. Recognizing fire hazard prevention in...
Workplace violence includes any act in which a person is abused, threatened, intimidated or assaulted in his or her employment. Whether it stems from work-related disputes or domestic abuse or personal issues, violence can occur inside or outside the workplace, and can range from threats...
The winter months bring more than just cold weather and shorter days; they bring the possibility for winter storms that may result in a snow- and ice-covered landscape. While it may be a winter wonderland for some, as a property manager, winter weather liability is...
Fires are a serious risk for businesses of all types. It’s up to you to take the proper precautions to keep yourself, your co-workers and safe from fire hazards. Here are some of the best fire safety tips. Lower the Risks of Fire There are some simple...
