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…

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…

Workers’ Compensation Basics: What Business Owners Need to Know

If you own your business, there are a lot of different insurance coverages that you need to consider. One of these insurance coverages is workers’ compensation coverage. Before shopping around, this is what you need to know about workers’ comp coverage. What Workers’ Compensation Insurance Is In most states, employers must carry workers comp insurance…