Will Workers’ Comp Cover Employee Negligence?
Posted: January 31, 2019
Workers' compensation insurance is designed to provide benefits to injured workers and to protect employers from injury lawsuits brought by employees. It pays for medical care, partially replaces lost wages during recovery from work-related injuries, and covers vocational rehabilitation for workers when needed. Generally, workers' compensation is a no-fault system that provides benefits for workers injured on the job, regardless of who was at fault....
How Safe Is Your Parking Lot?
Posted: December 14, 2018
Businesses can be held liable for injuries that occur on their premises, and that includes parking lots. Depending on the type of business you have, the parking lot may be the most dangerous area on your property. If your parking lot is not owned and managed by a third party and is therefore your responsibility, discuss parking lot safety with your business lawyer and business...
Rental Property Myths Debunked
Posted: November 27, 2018
Although landlord-tenant laws vary from state to state, common myths about rental properties are in circulation nationwide. The following are some widely-held beliefs about renting and why they may not be as true as you think. The Security Deposit Covers the Last Month's Rent Although the security deposit may equal a month's rent, it is not earmarked for that purpose. The last month's rent and...
Insuring Your Business
Posted: August 31, 2018
For years now, experts have predicted that the brick-and-mortar store was going the way of the dinosaur thanks to the advent of online shopping. However, according to a recent study by Accenture, the traditional retail store is experiencing a renaissance, particularly among Millennials and Generation Z. Seventy-seven percent of that demographic polled said they preferred shopping in a regular store versus online. For all the...
Understanding Your BOP
Posted: August 20, 2018
A business owners policy (BOP) combines protection from all major business property and liability risks in one convenient package. Package policies are created for small and mid-sized businesses that face the same type and degree of risk. A policy that combines property and business liability insurance can cover your business for claims resulting from fire, theft, and other covered disasters, as well as for claims...