In the textile industry, companies can face many risks with business operations, finances, and legal aspects of the business. In a variety of ways, risks can be avoided through proper management and proactive plans to adjust inefficiencies and correct errors before large losses occur. Some risks fall within areas of textile industry liability coverage while […]
Under professional liability insurance, companies throughout all types of industries are covered from legal costs caused by a client’s claims that they failed to fulfill their services adequately. Malpractice accusations are present throughout numerous fields. Industry leaders can prevent negligent practices and prepare for potential claims by learning from professional liability claims examples. 1. Technology […]
When you own your own business or you are self-employed, you have risks associated with the interactions with the public. An insurance plan can help cover those risks, but specifically, PLI insurance is the choice that helps reduce your exposure. Your risks could come from a variety of situations, such as:
Cash management is one way to establish security with your trucking business. It is easy to get behind or in a bind when clients aren’t paying on their invoices in a timely manner. This can lead to your own bills being left unpaid. For this reason, bobtail factoring can be a huge benefit to your […]
When your company provides benefits to employees that include the management of investments like retirement pensions and 401k accounts, profit sharing, or health plans, you incur a fiduciary duty to those employees that can leave the company exposed to potential lawsuits if those plans are managed ineffectively. One recent and high profile example is a […]
The benefits of forming an association captive insurance company are numerous and significant. However, as with any business decision, careful consideration is necessary before moving forward. The rewards are real, but according to Caitlin Morgan Insurance, the resources required to create and maintain a captive program are also an important part of the decision.
If you’re looking to make sure you have complete coverage for your operation, you need a lot of different kinds of insurance to come together. For owner-operators, that can mean finding the liability, cargo, and vehicle policies for yourself. Larger businesses that employ many drivers will also need additional coverage for employees like workers compensation, […]
Running your own business is often a gamble. According to recent statistics, a large number of new companies will go under within five years. This number is increased dramatically when a business fails to take out proper insurance. Many business owners neglect to look over pertinent details related to their plans and miss out on […]
Independent contractors are becoming a larger and larger part of the workforce, and by all indicators, this trend will continue well into the next decade. The benefits of being an independent contractor staffing agency during this uptick should be obvious, but your insurance needs are going to be unique, and competing in this emerging market […]
An auto shop is a workplace where injuries can be unfortunately common. Between various people working and the dangerous machinery used, it can be easy for employees to get hurt. Thankfully, there are measures you can enact that reduce the frequency of auto shop injuries and their impact on your business.
If you’re hosting an event and want to provide your guests with the ultimate experience, nothing screams special the way valet parking does. To make it a good experience for your guests and yourself, you need to know certain tips about how to organize valet parking.
Many people request to have a boat inspected prior to purchase, but there can also be inspections requested on the part of an insurance company. An insurance surveyor will do an inspection of the vessels and operating systems, looking for problems that could turn into large financial expenses or liabilities for the owner or the […]
You may think reading the top news stories gives you all the information you need. However, as a business owner, reading insurance news gives you distinct advantages. Here are three reasons to read insurance news.
Carrying workers compensation insurance a smart investment for businesses both large and small, although for most company’s it’s a state requirement. The cost for carrying a comprehensive plan can put your business in a financial crunch, so you may want to consider the benefits of enrolling in a pay as you go workers comp plan.
If you want to invest in rental property, you should understand that a landlord has a lot of responsibilities. And having an apartment building, with many tenants and multiple apartments can make the job even more difficult. Therefore, it is necessary to look at Apartment Building Insurance that will meet your needs as well as […]
Do you own a business? Is that business part of the staffing industry in any way? If so, your company likely faces some unique risks on daily basis. You may be looking for some insurance to protect your company against such risks, but you are wondering if a basic business insurance policy will be enough. […]
If you are considering doing self-insurance for your workers compensation coverage there are a few things you need to consider. By self-insuring your company is taking on all of the financial risk of workers compensation insurance and providing the benefits to your employees. What this means in financial terms is that instead of paying a […]
If you want to build up your business and have more success selling your insurance products to brokers and agents, then it is imperative that you build up your list of your insurance leads so that you know who to market and advertise to and so that you can constantly be contacting your leads and […]
If you are in the market for public school insurance in Indiana you may be looking for an insurance policy that will protect you and your staff. You are also likely looking for a public school insurance policy that will cover your students from risk that you cannot foresee right now. Educational Institutions are unique […]
The importance of having the right insurance policy is one thing that the majority of business owners understand well enough. Investing in the right protection for an investment as large as your company can be beneficial in helping you gain a good standing in the professional community, not to mention the benefits that having extra […]