Insurance News Center

Your customers expect you to have safe and reliable products, and failing to meet these expectations can lead to huge financial losses. If one of your products harms a customer in any way, they can sue your business, leading to costly legal fees and settlements. These costs can easily reach six figures. While you may do everything in your power to ensure your products are safe, mishaps can still occur without warning. That’s why, to protect against claims and ensure the longevity of your...

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Driver Safety

Reduce your risk of auto accidents

When it comes to minimizing your risk of collision while driving, you’re in the driver’s seat. By simply practicing safe driving techniques, you can reduce your chances of being involved in an auto accident.

In addition to being aware of your surroundings and making smart driving decisions, the following tips will help you arrive at your destination safely.

Drive Defensively

Defensive...

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In the event that one of your staffers gets injured on the job, workers’ compensation insurance will cover his or her medical costs and wages during the recovery period.

The Basics

Workers’ compensation insurance benefits are available to employees who are injured or become ill as a result of a work-related incident. If one of your employees is injured on the job and is medically authorized to take time off from work, he or she will be reimbursed for lost wages and all of the...

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Employee benefits are a key piece of the job market today. To employers, excellent benefits like health care and retirement funding are an essential for attracting committed, quality workers. 

Sometimes though, problems arise even when programs are set up with the best of intentions. Whether a shaky market shrinks funds or bad investment advice leads to sudden loss, companies need to know what kind of protection they provide their fiduciaries.

Fiduciary Liability Basics

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Recently, TruTV aired an episode of "Adam Ruins Everything", in which the host Adam Conover focuses on ruining the viewer’s perception of the healthcare industry by educating them on why healthcare is so expensive.

The episode opens with Adam Conover having a conversation with a would-be patient who has come to the hospital for a cold or the flu. The patient explains that she wants as much care as possible regardless of cost because she simply pays her insurance...

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Directors and officers are responsible for making the tough choices that can make—or break—a company’s fortunes. In doing so, they must consider the best interests of employees, customers and shareholders, while also keeping in mind corporate best practices. Limited or imperfect information and tight deadlines add to the overall complexity of the decision-making process and can lead to poor outcomes or even outright mistakes.

To hire and retain talented directors and officers,...

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While the causes of workplace stress differ from worker to worker, experts agree that it is the things we can’t control that cause the greatest amount of stress. To help manage your workplace stress:

  • Create a “to do” list to help plan and prioritize your work.
  • Set realistic deadlines.
  • Consider alternatives designed to save time and money, such as outsourcing projects.
  • Break larger tasks into smaller, more doable steps.
  • Take a break. Taking a...
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Allegations of sexual misconduct against politicians, celebrities and other public figures have become increasingly common in recent years. In fact, social movements and a strong public outcry have led to a marked increase in sexual harassment claims—claims that can be incredibly damaging for organizations themselves.

When these claims arise, organizations are expected to handle them quickly and tactfully, while respecting the weight of the situation and the wishes of the alleged...

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Cyber security researchers recently announced the discovery of two major security flaws that could allow hackers to bypass regular security measures and obtain normally inaccessible data. The flaws, referred to as Meltdown and Spectre, are both caused by design flaws found in nearly all modern processors. These vulnerabilities can be exploited to access all of the data found in personal computers, servers, cloud computing services and mobile devices.

...

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Business leaders make decisions each day on a range of issues including things like hiring, firing, compensation, promotions and the work environment. Every one of these decisions impacts your employees and, depending on the outcome, could result in a claim related to wrongful employment practices.

These claims can disrupt business, hurt morale, damage your reputation and lead to serious financial damages. Thankfully, employment practices liability (EPL) insurance can provide...

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