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How to Avoid Having Your Cyber Claim Denied

How to Avoid Having Your Cyber Claim Denied

Aug 26, 2022 | Business Insurance, Risk Management

BUSINESSES ARE faced with increasing threats from cyber criminals who are constantly working to devise new ways to infiltrate organizations’ databases and extract information or find some way to monetize their hacks, like in the case of ransomware. Cyber insurance can...
The Importance of Educating Gen Z Workers on Benefits

The Importance of Educating Gen Z Workers on Benefits

Aug 15, 2022 | Business Insurance, Employement Practices

IT ALWAYS takes more time than usual to onboard new hires to your employee benefits plans, particularly for those who are starting their first jobs. Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are new to the...
At What Point Do You Need Workers’ Comp?

At What Point Do You Need Workers’ Comp?

Aug 7, 2022 | Business Insurance, Workers’ Compensation

MANY SMALL business owners make the mistake of not securing workers’ compensation insurance after they hire their first employee. Some mistakenly believe they need at least five employees before they must secure coverage. But in California there is no minimum andif...
Don’t Get Caught Holding the Bag If Your Firm Is Sued

Don’t Get Caught Holding the Bag If Your Firm Is Sued

Jul 30, 2022 | Business Insurance, Business Interruption, Business Operations

THERE IS no set formula regarding how much liability insurance a business needs. However, the more coverage you have, the more bulletproof your business becomes. If you are running a thriving firm, you will probably want minimal disruption if an incident occurs in...
Reporting Claims Later Can Push up Costs 50%

Reporting Claims Later Can Push up Costs 50%

Jul 24, 2022 | Business Insurance, Business Operations, Workers’ Compensation

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, or the employer dawdling or...
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