Feeling the Shift in Project Coordination
As projects grow more complex, contractors, owners and surety companies all have an increased risk stemming from an ongoing industry shift in project coordination. The burden of providing more project coordination, via changes in contractual language, is landing on the shoulders of the subcontractor, who find themselves without sufficient training or resources to deal with […]
Common Challenges of Underinsured Executives
Executives drive a company’s strategic vision, manage risks, and steer it through growth and challenges. However, a significant gap exists in how these high-level leaders protect themselves against potential personal risks, specifically the risk of disability. Executive disability insurance is often an overlooked or underfunded area, leaving many key individuals underinsured and vulnerable to significant […]
Protect Your Notarial Responsibilities with Notary Bond Insurance: What You Need to Know
As a notary public, your role in verifying and authenticating important documents is crucial. This responsibility carries potential legal risks, particularly if mistakes or accusations of misconduct arise during the notarization process. Understanding the significance of notary bond insurance is essential as it protects your professional responsibilities and can help mitigate the risks associated with […]
Workplace Safety Hacks: Five Tips to Boost Awareness and Protect Your Team
Establishing a safe workplace is a fundamental responsibility for any business. Not only does it protect employees from injuries and accidents, but it also fosters a culture of well-being that enhances productivity, reduces absenteeism, and boosts team morale. A safe environment leads to higher job satisfaction, as employees feel valued and cared for by their […]
Underestimating Risks: Why Skimping on Event Insurance Can Cost You Big
Planning an event involves a lot of time, effort, and money. Even if you’ve poured your heart and soul into making it a success, one crucial aspect often gets overlooked amidst the whirlwind of budgeting, venue selection, and vendor coordination: event insurance. While event insurance might seem like an unnecessary expense at first glance, skimping […]
Shielding Your Business: A Guide To Commercial Insurance Essentials
Running a business is exciting, challenging, and often unpredictable. As a business owner, your passion and focus should be directed towards the product or service you sell. Unless you are running an insurance-based operation, the details of protecting what you’ve built and mitigating the risks you face in case of an unexpected event can be […]
D&O Insurance for Nonprofit Organizations
Nonprofit organizations play a vital role in society, tackling critical issues and enriching communities. Board members, directors, and officers (D&Os) of these organizations carry a significant weight on their shoulders, making responsible decisions that impact the organization’s mission and resources. However, they can face unexpected liabilities stemming from lawsuits or allegations of wrongdoing. Directors and […]
Downtime Doesn’t Mean Zero Income: Protect Your Profits with Business Income Coverage
Imagine this: you’ve built a thriving business. Customers are pouring in, your team is firing on all cylinders, and you’re experiencing steady growth. Suddenly, disaster strikes. A fire damages your property; a cyberattack disrupts your systems or a critical piece of equipment malfunctions. Your business is forced to a halt, and income comes screeching to […]
Raining Security: The Importance of Umbrella Insurance
Life is full of surprises, both good and bad. While we all hope for the best, preparing for the unexpected is essential, especially when protecting our finances and assets. Individuals and families face many risks that can result in costly liability claims and lawsuits. From accidents at home to incidents on the road, the potential […]
Managing Workers’ Compensation Costs
Workers’ compensation provides a safety net that protects employees in case of workplace injuries or illnesses. While it ensures employees receive the care they need, it can also present a significant cost burden for businesses. The good news is that proactive strategies can be implemented by employers to manage and even reduce workers’ compensation costs, […]
