Who Needs Workers Comp Insurance
Posted: November 4, 2022
The Basics of Workers’ Comp Insurance for Small Businesses Nearly every state requires employers to have insurance to cover medical costs and lost wages for workers who are injured or become ill on the job. But when do you need it, and how do you get it? Workers’ compensation (often shortened to "comp") insurance helps your employees and protects your business should a tragedy occur, such...
Have You Reviewed Your Insurance Coverage for 2020?
Posted: January 3, 2020
Have You Reviewed Your Insurance Coverage for 2020? As the new year approaches, we often look back at the year gone by, reflect on the coming year, and make resolutions for the future. Business owners should do the same. But this means more than setting revenue goals. An important part of this review process should involve insurance coverage. The flipping of the calendar page is...
How to Spot Phishing Attacks
Posted: October 25, 2019
Gone Phishing: Don't Take the Bait The 2019 Verizon Data Breach Investigation Report indicates that one third of cyberattacks involve phishing traps. These scams involve imitating a reputable source to induce staff to reveal sensitive information. As companies increase awareness of these cons, cyber criminals increase their efforts, making tactics more sophisticated. How can you protect your company? First, educate yourself and staff about current...
How Telematics is Transforming Insurance
Posted: September 26, 2019
How Telematics is Transforming Insurance Technology is transforming every aspect of our lives, and insurance is no exception. Insurance carriers are tapping into automotive telematics to guide insurance premiums. What is telematics? This is a form of communications technology that can be used for monitoring a vehicle to determine driving behaviors. Using a combination of GPS, Bluetooth, and mobile devices, insurance companies can review customers'...
Why is an Insurance Lapse so Bad for Business?
Posted: August 26, 2019
Why Is an Insurance Lapse So Bad for Business? Small-business owners have a lot on their plates. Managing multiple moving parts, wearing many hats, and juggling the responsibilities of work and home can prove challenging. In the midst of all this, something may occur that shouldn't: a lapse in insurance coverage. Whether the premium payment was overlooked or other circumstances caused the owner to cancel...