Insurance News
General Contractor Liability When a general contractor is hired to complete a project, they oversee the entire project and may hire subcontractors to complete a portion of the work. Although the project owner retains some liability, the work performed, either by the general contractor or its subcontractors, is the responsibility of the general contractor, including…
Most contractors work in environments where asbestos, lead, mold, bacteria, and blood borne pathogens may exist and General Liability policies specifically exclude these exposures. Look into a Demolition Contractor Liability Insurance Program designed for demolition contractors who have less than a 25% environmental exposure. The Environmental Program includes expanded environmental coverage forms for those who…
In today’s global marketplace, more and more businesses rely on overseas suppliers. If your company’s operations depend on the timely delivery of raw materials, parts or finished products from distant locations, then your business could be hurt when these goods are delayed or fail to arrive altogether. Furthermore, a significant downturn in supply often results…
There’s a reluctance among workers to give up location flexible work after the pandemic. According to a survey conducted by YouGov earlier this year, 80 percent of Americans who started working from home during the pandemic want to continue doing so at least half the time when the pandemic is over. While 24 percent of…
The definition of ransomware, according to the Cybersecurity & Infrastructure Security Agency, is an ever-evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Recent attacks on large businesses, hospitals and government departments would lead one to believe that ransomware attacks are solely…
Entrepreneurs often run their businesses from home. As they do work remote, they often rely on their homeowners insurance coverage to protect their home based businesses. While homeowner’s insurance protects your home, it may not insure parts of your business. As a result you may need additional business insurance. Your homeowners insurance may not include protection…
Allowing employees to work from home has notable perks for small business owners, like you. These include promoting a satisfied workforce and cutting down on office space expenses. However, among all of the telecommuting fanfare, there are still potential liabilities to consider. This is especially true when you have home-based business employees. Questions you should begin asking yourself include:…
As workers are encouraged to return to the office, employers are walking a tightrope fraught with liability and risk. In fact, big insurers like Chubb, AIG and Travelers are bracing for an onslaught of claims related to employment and labor lawsuits as workers head back to the office. As employers continue to grapple with the…
#2040Machinery and Machine Guarding Standards Description: This course introduces the student to machinery processes and the related safety standards. The course focuses on the hazards associated with various primary types of machinery and the control of hazardous energy sources (lockout/ tagout). This is a Blended Learning Course. Students must complete a web-based training portion of…
Commercial auto is widely regarded as one of the most challenging insurance markets in the United States. Many years of sustained losses, inadequate rates and unhealthy combined ratios (in the region of 105% and over) have taken their toll on the market – but the winds of profitability are slowly changing. Loss ratios in the…