Small business insurance

New Employee vs Independent Contractor 6-Point Test

New internet economy requires new test The U.S. Department of Labor has published a 6-part test to help guide employers in classifying workers as independent contractors or employees. The guide is a result of the the shift in demand for

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Employee Theft

Small Businesses and Employee Theft

Losses to business can be staggering Business owners want to trust their employees, especially those who have been on board for years and have become “part of the family.”  The 2015 Hiscox Embezzlement Watchlist  revealed that smaller companies suffer the

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The impact of dog bite claims by homeowners

Dog Bites Leave Scars on Cost of Homeowner Claims

When man’s best friend is a liability If you’ve been considering dog training for the family pooch, now might be the time to enroll – the cost of a class could save you thousands of dollars. Approximately 1,000 people in

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Top 5 Small business insurance claims

Top 5 Small Business Insurance Claims May Surprise You

Is your business susceptible? The most common small business claims are for burglary and theft. The most costly claims, however, are for reputational harm, such as libel, slander, or violating privacy. A report by the Hartford revealed that more than

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Cyber Risk insurance

Insuring against Cyber Risk and Computer Crime

What’s the difference? Because we live and work in a computer-dependent world, every organization is at risk from cyber criminals and needs to take steps to protect critical data. Cyber criminals are adept at finding endless ways of infiltrating computers

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Cyber Risk insurance

Anthem Data Breach Gives Access to Prescription Drugs

Medical insurer and their customers are latest cyber crime victims Anthem, Inc., one of the country’s biggest health insurance companies, is the latest victim of a major data breach by cyber criminals. Anthem confirmed that customer and employee personal information

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Construction Defect

Construction Defect Defense Strategy

Get insurer’s approval before you settle. Before settling any construction defect claims, contractors are cautioned to first get their General Liability insurer’s approval. Without the insurer’s approval, contractors risk claim denial, which means the insurer won’t reimburse any settlement amount

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Architectural Insurance

Architects and Construction Defects

Court rules they’re liable despite unauthorized changes to plans A recent California Supreme Court ruling may result in fewer architects designing residential projects. Earlier this year ,the court ruled in Skidmore, Owings & Merrill, LLP, that the principal architect of

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Cyber Risk insurance

8 Tips to Reduce the Risk of a Cyber Attack

Frequent but avoidable mistakes too many organizations make If you or your business haven’t been the victim of a cyber attack, count your blessings, but don’t think you can maintain your immunity forever. Cyber attacks are on the rise because

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Construction defect

The Cost of Concealing Construction Defects

The potential consequences of an attempted defense The high cost and low profit margins of the current home construction market make it tempting for contractors and subcontractors to conceal defects in order to complete work on time and within budget.

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