NEWS/BLOGS2018-03-30T02:16:27+00:00

News and Information

What Business Insurance Policies Cover Rioting, Looting

What Business Insurance Policies Cover Rioting, Looting As protests around the country descended into rioting and civil unrest, many businesses that have been looted, or seen their shops damaged or completely destroyed, will obviously be turning to their insurance to file a claim. While many companies were unsuccessful in filing business interruption claims for the COVID-19 crisis, claims for damage and theft from rioting and looting are more likely to be paid. A number of coverages will [...]

How to Open Shop and Bring Staff Back to Work

How to Open Shop and Bring Staff Back to Work How can you take that first step back to a semblance of normalcy? Here are some recommendations from the Los Angeles Department of Public Health and other sources that can apply to any municipality anywhere in the country. The advice mainly applies to establishments that will have customers, but most of the recommendations are relevant across a wide swath of sectors. Measures [...]

CARES Act Helps Coronavirus-affected Employers, Employees Alike

CARES Act Helps Coronavirus-affected Employers, Employees Alike The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act stimulus law to help American workers and businesses weather the outbreak has a number of provisions that employers and their workers need to know about and can take advantage of during this crisis. The CARES Act includes provision for: Extended unemployment benefits. Requiring health plans to cover COVID-19-related costs. Small Business Administration (SBA) disaster loans. Loans for large corporations. [...]

Coronavirus Could Trigger Multiple Insurance Policies

Coronavirus Could Trigger Multiple Insurance Policies COVID-19 is forcing businesses to face a number of risks, liability and insurance implications. Companies could seek coverage for a variety of claims stemming from the outbreak, including workers' compensation, business interruption, liability, and more. And, now that it is a pandemic, the economic fallout may be expansive - hitting your company's operations in the form of lower sales or supply chain disruptions. Now is a good time to understand which [...]

Why It Is Important to Review Your Business Insurance Annually

Why It Is Important to Review Your Business Insurance Annually One of the keys to managing risks when you first start a business is getting the right insurance to cover your operations, property and potential liabilities. Unfortunately, many business owners fail to update their policies and just renew them year after year even if the company has grown, expanded operations and facilities, and added new equipment and property. If this is the case, the old coverage [...]

The Difficulty of Dealing with Workers with Substance Abuse Problems

The Difficulty of Dealing with Workers with Substance Abuse Problems Substance Abuse in the Workplace With the opioid epidemic continuing to sweep the nation, more and more workers are battling addiction than ever before. But if you as an employer suspect or know one of your staff has a substance abuse problem, you need to be careful about how you approach them and try to deal with the issue. Even if many employees can keep their addictions [...]

Protecting Your Important Data When Employees Leave

Protecting Your Important Data When Employees Leave When is a business most susceptible to losing data, intellectual property and important records? No, not during a cyber attack or a break-in, but during lay-offs. With employees maybe feeling disgruntled after being let go, it's common for some of them to pocket important company data - usually client lists, old e-mails, vendor contacts and even intellectual property that is essential to the company's competitive advantage. During lay-offs or termination, [...]

Prompt Filing of Commercial Auto Claims Can Stop Problems before They Start

Prompt Filing of Commercial Auto Insurance Claims Can Stop Problems before They Start While a driving employee may be flustered after an accident and may not be thinking of reporting the incident immediately, for you, the policyholder, the clock starts ticking the moment the accident has occurred. To ensure that the claim is dealt with in a timely manner and to prevent a number of unforeseen consequences, the sooner after an accident that you report a claim, the better. The [...]

More Firms Ban Smartphones at Work for Safety Reasons

More Firms Ban Smartphones at Work for Safety Reasons More and more employers are banning cell phones in the workplace because they are distracting enough to be a serious safety issue for workers. Most notably, General Motors has banned all employees, including its CEO, from walking around with their mobile phones while talking, texting or using other smartphone functions. You already know the dangers of using your phone while behind the wheel, as vehicular deaths have spiked [...]