An Insurance Update Advancement in technology minimizes your risk and lowers your cost of business insurance. Your insurance is part of a new wave of technology that is taking the country by storm. The insurance industry calls this the “Internet of Things” (loT). There are many good articles relating to this issue and we have… Read more »
Posts Tagged: Business insurance
March Madness Is Not Over
A Insurance Review March is over and we spent the while month watching 64 college basketball teams play to the final four, then to the championship game. Congratulations to North Carolina! These can impact your business insurance and personal insurance programs. The entire thing reminded us of some insurance madness. We thought we would share… Read more »
Is Workers’ Compensation Changing With The Times?
Workers’ compensation is designed to protect injured workers from on the job accidents or injury. Workers’ compensation also protects employers from large medical bills and time-loss claims. This kind of insurance is an important part of your business insurance program. The risk climate has changed, and will continue to change, and it is important that… Read more »
Why Can’t I Get My Insurance On Sale?
An Insurance Update Personal insurance and Business Insurance will never go “on sale.” You will never see a 25% off or black Friday deal on homeowner’s insurance. Buy one get one free for auto insurance is not going to be part of the insurance buying process. There is a very good reason for this. The… Read more »
Go Where The Pros Go… Platinum One Insurance Agency
A Business Insurance Update Most businesses purchase general liability insurance to protect the business against certain kinds of claims. These claims could include bodily injury and property damage. Professional Liability insurance, also called Errors and Omissions insurance, protects against a claim from a third party who suffers a financial loss because of services or actions. … Read more »
What The Insurance Industry May Look Like In 2017
Insurance Trends For 2017 2017 is here and insurance companies are changing how they manage your policies. This means that pricing and services for business insurance and personal insurance is changing, mostly for the better. We have compiled a list of trends that you may find interesting. These trends will also influence how claims are… Read more »
How to Hire Part Time Seasonal Workers
Business Insurance update This is the time of year when your business will be hiring part time workers to help you manage the holiday season. For the most part, you will not need to modify your business insurance, but if you add new classifications or payroll, it may affect your workers’ compensation insurance. Now might… Read more »
Is Your Business Ready For The New DOL Overtime Rules?
Business Insurance Update Is your business prepared to undertake new overtime rules that will be set into place on December 1, 2016? If you are fined because of non-compliance, your business insurance will not provide coverage. Business insurance policies are not designed to cover government fines. The US Department of Labor (DOL) released the final… Read more »
Are You Trying To Get Sued?
Business Insurance Update Your business not only creates income for you, it may provide employment for other people. Small and medium businesses are subject to the same risks as major corporations. You buy business insurance to help protect your business for claims and litigation that may come from a variety of sources. Remember, your business… Read more »
How Cyber Liability Insurance Can Keep You in Business
Almost every business has a cyber liability exposure. Most businesses are securing some form of coverage to protect their companies from these types of threats. A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year. It has become clear that even a good IT… Read more »