Professional Liability Insurance General liability insurance is typically the first insurance coverage a business seeks. It provides coverage for any third-party injury, property damage, and the ensuing lawsuits that may occur due to these incidents. Common liability insurance policies help pay for third-party bodily injury claims, property damage claims, completed products claims, faulty workmanship claims, […]
Workers’ Compensation covers your business and employees in the case that an accident should happen on the job. It also covers the costs associated with work-related illnesses. Workman’s Comp claims can be detrimental to a business. Having a policy that fits your business is important for both you and your employees. Typically, workers’ comp will […]
The New York state attorney general, Letitia James, announced a lawsuit against Dunkin’ Donuts after they failed to notify customers of cyberattacks that occurred in 2015 and in 2018. The lawsuit claims that Dunkin’ Donuts had knowledge of the 2015 attacks on customers’ accounts which resulted in money being stolen from those accounts. The suit […]
In July, Kearney, Nebraska experienced flooding which closed many businesses in the the hotel district and left only 600 rooms available. Almost 3 months later, 1,150 rooms are now back to being operational. With large events such as Nebraska Cattlemen’s and Farm Bureau convention approaching, Kearney event managers are hoping to have more rooms available […]
When insurance companies calculate the amount they will pay out for a loss, they typically choose between the replacement cost or the actual cash value. The replacement cost tends to be more favorable to the client since it guarantees the insured a payout equivalent to a new replacement. On the other hand, the actual cash […]
Over 6 years ago Super Storm Sandy hit along the East Coast of the US causing damages totaling over $70 billion. The storm was also responsible for killing more than 280 people. Major US cities experienced flooding, structural damage, and power outages which they were ill prepared for. Businesses felt a huge impact, especially those […]
Are you performing daily business out of a rented space? Whether it is a warehouse, office, garage, or factory, you need business renters insurance. Other business insurance policies you have may not cover rented property. The coverage of your rental insurance should be unique to your business and the area you are in. Make sure […]
Apple has recalled a series of MacBook Pro laptops due to batteries that have posed a fire risk. Fifteen-inch MacBook Pros sold between September 2015 and February 2017 were recalled this June. The U.S. Federal Aviation Administration issued a statement saying they are “aware of the recalled batteries that are used in some Apple MacBook […]
Another data breach has been reported. This time Capital One Financial Corp., the United States’ third-largest credit card lender, fell victim to cyber theft. Capital One once boasted its use of cloud services, declaring that it is not only cheaper, but it allows for quicker digital advancements. Other industry leaders are quick to discourage the […]
Google reached a settlement with 227 people after being accused of age discrimination. The class action lawsuit claimed that Google discriminated against older people applying for jobs. The payout averaged to about $35,000 per person. Part of the agreement requires Alphabet Inc. (Google’s parent company) to enforce training on age bias for all of their […]