The Liabilities Of A Fiduciary
Posted: September 12, 2019
The Liabilities Of A FiduciaryThe Liabilities Of A Fiduciary If you are an owner, director or officer of a private or public company you have a fiduciary liability exposure. You may be responsible for the selection of retirement or benefit providers or plans and these decisions can create personal liability for you. What is a fiduciary? Under ERISA, fiduciaries can be held personally liable for losses to a benefit...
Commercial Property Insurance
Posted: August 11, 2019
Commercial Property InsuranceMost every business owns business property, and may also own the building in which you run your operations. Property insurance protects the physical assets your nonprofit owns – such as computers, office equipment, buildings, furniture, fixtures, and other property. Every business should have a comprehensive property insurance portfolio to respond to the many risks associated with property ownership. Property policies offer many unique kinds of...
How To Prepare Your Business For Summer Interns
Posted: June 14, 2019
How To Prepare Your Business For Summer InternsMany businesses offer college students the opportunity to hold a summer intern position. These can be rewarding for the college student as well as provide some help to the business. Offering paid or non-paid internships can create risk for your business. We wanted to highlight some of the business risks associated with having interns. Before you bring that person on board, make sure your business...
Sexual Harassment Is Real
Posted: May 11, 2019
Sexual Harassment Is RealThe EEOC just released the latest numbers relating to employment claims, and they remind us of the need for employment practices liability insurance. Retaliation was the most frequently filed charge with the EEOC in 2018, followed by race and disability. Sexual harassment charges with the EEOC increased by 13.6%, based on preliminary 2018 results. Monetary awards recovered for victims of sexual harassment increased by 47.4%....
Cyber Liability Losses Are Increasing
Posted: April 16, 2019
Cyber Liability Losses Are IncreasingHow to Use Cyber Insurance to Your Benefit According to IT Business Edge, 50% of businesses listed cyber security as one of their top five business risks. Cyber liability is the risk posed by conducting business over the Internet, over other networks, or using electronic storage technology. It covers third party losses from hackers, theft, and loss of information including sensitive client or individual...