Do You Need Maritime Employers’ Liability Coverage?

If you operate a maritime business where your employees regularly work aboard vessels at sea, the answer to the question is probably yes. While it’s not required by any state or the federal government, this form of insurance is vital to the protection of your business if a tort for injury is brought under admiralty…

3 Types of Bonds for Businesses

Like insurance, bonds are an important part of risk management for businesses. While not every company needs to be bonded to round out its risk management, the industries that do rely on this process find it integral to their ability to operate soundly, in a way that protects both the contractor and the client or…

4 Things to Know About Commercial Vehicle Leases

Many businesses opt to lease their vehicles rather than own them outright. However, many car companies have a lease insurance requirement that must be met. Here are some other items business owners need to know before leasing a vehicle. Mileage Unlike owning a car, a leased vehicle can only be driven so many miles per…

Reasons To Get Employee Benefits Liability

Running a business comes with many expenses. Employers who wish to attract and retain top performers in the industry know that they need to offer a competitive employee benefits package. What many don’t realize is that it’s also important to get employee benefits coverage in the event that errors are made in the administration of…

CCIP for Construction Protection

What is CCIP? CCIP stands for contractor controlled insurance programs which is one of the two types of construction wrap up insurance. The other type of wrap up insurance is owner-controlled, OCIP, but www.haughn.com/ states that contractors often receive better rates than owners do, so CCIP is more prevalent in the construction industry. These types…

Food Safety Best Practices During Crises

The food industry faces many crises from bacteria tainting eggs and lettuce to viruses in oysters. Illness outbreaks and power outages affect the entire industry across multiple states. Incorporating food safety best practices into food industry risk management plans can help companies mitigate loss during crisis situations. Food Spoilage Food doesn’t take long to spoil…

Guide to Motor Truck Cargo Insurance

Trucks are a key component of the transport sector, but they come with their fair share of risks. Truck cargo liability coverage protects policyholders from loss incurred due to the damage or destruction of products while being transported by trucks. Here is further insight into what you should understand about motor truck cargo insurance. Who…

3 Ways To Limit Risk When Volunteers Provide Transportation

Utilizing volunteers to provide transportation for clients can be an invaluable addition to your organization’s services. At the same time, you want to minimize the risk both you and your volunteers face. Laying a solid framework for volunteer transportation and following some basic safety procedures can go a long way to help. 1. Establish Screening…

How Staffing Coverage Can Help Your Agency

If you run a staffing agency, it is important to have the right type of insurance coverage to deal with different situations. This can include having staffing insurance to help in cases of working with contractors, and all the legal loopholes this type of work comes with. Having Liability for Independent Contractors Unlike employees, independent…