In most states, independent contractors are not required to carry workers compensation. But the emerging sharing economy requires new ways of thinking about insurance protection. In response, OneBeacon developed an affordable product initially designed fo
All businesses have some exposure to employee theft, but companies with fewer than 100 employees disproportionately bear the brunt of this problem.
Even if its building or contents are horribly underinsured, a business could still reopen after a catastrophe—as long as it has sufficient business income coverage.
Wage and hour is now the fastest-growing type of employment practices claim. But with rare exceptions, D&O and EPLI policies do not provide wage and hour coverage—nor do they provide coverage for personal liability arising out of wage and hour.
Employment practices liability insurance is just as important as workers compensation coverage, says independent agent Tim Clarke. But most clients don’t understand how much they need it.
Far too many art-related losses could have been prevented with appropriate risk management or a disaster preparedness plan.
Regardless of your location, lessons from the most recent regional natural disasters could prove invaluable should you face a crisis in the future—and ensure your firm can serve clients in their greatest time of need.
If a sewer line ruptures, who pays the bill?
An insured does not carry UM/UIM coverage on their BAP. After getting in an accident in the company car, can they file a UM/UIM claim on their PAP instead?
What are the odds of InsurTech startups killing your agency the way Netflix killed Blockbuster? It all depends on how you react.
