There is no set formula regarding how much liability insurance a business needs. However, the more coverage you have, the more bulletproof your company becomes. If you are running a very successful business, you will probably want minimal disruption if…
As online threats continue growing, businesses need to consider securing cyber insurance policies that can help defray the costs of an attack on their network or a theft of their employees’ or clients’ personally identifiable information. For some companies coverage…
A new study has found that many people who interact with their mobile phones while behind the wheel do so because of pressure from their bosses to answer calls, emails and text messages even if they are not on the…
When you’re in the construction industry you already have lots to worry about: Keeping your workers safe in one of the most dangerous industries, uninsured or underinsured subcontractors, and finding experienced employees from a shrinking pool of talent. Not only…
A majority of companies are leaving themselves exposed to lawsuits as they take on high-end professional services work and demands grow for expedited deadlines. In fact, a recent report by Forbes Insights and The Hanover found that 40% of small…
A significant share of overall workplace injuries occur during new employees’ first year on the job, according to a recent study. The report by Travelers Cos., Inc. found that over a five-year period, injuries to new employees accounted for 35%…
As climate change continues to create more turbulent weather and natural catastrophes, commercial property insurance rates are still climbing — and the recent surge in inflation is adding fuel to the cost of coverage. While overall commercial property rates increased…
One of the keys to keeping the costs of a workers’ compensation claim from spiraling out of control is prompt claims reporting. Claims are routinely filed late, either by the injured worker who fails to report it to the employer,…
If you hire interns during the summer months as a way to buffer your operations during this busy period, you need to understand your obligations as an employer, particularly if your interns are unpaid. Under federal law, the majority of…
All large corporations and national businesses have someone in charge of risk management, if not a whole department. But hiring a risk specialist or dedicating a number of employees to that kind of work is typically too expensive for most…