Business Insurance

Ask an Expert – Liquor Liability Insurance

Posted by on Mar 1, 2019 in Business Insurance | Comments Off on Ask an Expert – Liquor Liability Insurance

Liquor Liability Insurance offers coverage against claims of property damage and injuries that are the result of the consumption of alcohol.  Commonly this coverage is closely associated with taverns, bars, nightclubs, and restaurants that serve alcohol. However, liquor Liability Insurance is not as straight forward as you might think. So, we asked the experts. Question: What industries should have liquor liability insurance other than bars, taverns, etc.? Answer 1: Caterers, hotels, casinos, trade shows that sample liquor, public party facilities that rent their empty lobbies for catered...

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Less Stress is the Best Valentine.

Posted by on Feb 14, 2019 in Business Insurance, Personal Insurance | Comments Off on Less Stress is the Best Valentine.

It is no secret that stress is hard on the heart.  It can lead to high blood pressure which, if left untreated, can result in heart disease. According to the American Heart Association, cardiovascular disease has become wide spread – effecting more than 1 in 3 women and is the leading cause of hospitalization among men.  The majority of Americans list their jobs as their biggest source of stress, pointing to heavy workloads, pressure to preform, long work hours, office politics and conflicts with coworkers as the largest contributors to their stress. To manage your workplace stress, it is...

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Can you be held personally responsible for a Data Breach at your company?

Posted by on Dec 20, 2018 in Business Insurance | Comments Off on Can you be held personally responsible for a Data Breach at your company?

If you are a Director or Officer, you could be. As a Director or Officer of your company you are open to litigation risks due to the decisions you make to influence the company.  How you choose to respond after a Data Breach and how you have influenced Cyber Security measures within your company could lead you to be held personally responsible for damages following a breach.  The acts you commit as a board member, including plans and decisions need to be protected. The precedent has been set by past legal cases following data breaches in which the directors and officers have been accused of...

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Lone Workers – a rising demographic with unique risks.

Posted by on Dec 10, 2018 in Business Insurance, Franchise Insurance, Property Insurance | Comments Off on Lone Workers – a rising demographic with unique risks.

What is a Lone Worker? Lone workers are classified as any person whose work is completed in isolation from other workers. They do not have direct supervision and are expected to fulfill their duties efficiently while adapting to any unforeseen circumstances and are generally expected to use their best judgement. With the increase in technology and automation the number of lone workers is rapidly increasing.  There are many industries in which employees may find themselves working alone, either on location, out in the field, or at home. This leaves great potential for safety concerns. How can...

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Winter Weather Liabilities

Posted by on Nov 26, 2018 in Business Insurance, Personal Insurance, Property Insurance | Comments Off on Winter Weather Liabilities

Winter is more than cold weather, snow and hot cider – it’s also winter storms and ice, which means potential hazards and costly liabilities. If you deal with either commercial or residential property it is important to know what side effects of winter you are responsible for. Who’s responsible? Legally, snow and ice are the same as any other hazard present on a property, and the property manager can ultimately be help liable for any injury caused by such hazards.  It is important to be vigilant when it comes to removing ice and snow promptly. Residential rentals such as single-family homes...

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What’s the Difference Between ‘Replacement Cost’ and ‘Actual Cash Value’ Insurance Policies?

Posted by on Aug 30, 2018 in Business Insurance, Franchise Insurance, Personal Insurance | Comments Off on What’s the Difference Between ‘Replacement Cost’ and ‘Actual Cash Value’ Insurance Policies?

The worst has happened: Someone stole your car and stripped it to pieces! Now, all you’ve got left are fond memories of your slick ride and an insurance policy claim to file. All you want to do is put this whole ordeal behind you, buy a new car, and never look back. But will your insurance payout cover the cost of that same car? Understanding “replacement cost” versus “actual cash value” when it comes to your policies is important. Replacement cost Replacement cost policies will pay out the cost necessary for a direct replacement of the item covered. So, for example, if your vehicle was a...

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