No matter what industry you’re in, administrative operations play a key role in the day-to-day functioning of your business. You may do things just as you’ve always done them in this area and feel like it works just fine. But taking a closer look at what processes and procedures are actually followed can highlight multiple…
No matter what size your company is or what industry you operate in, chances are good that you utilize a computer network for handling internal data, customer data, or both. That being the case, it’s essential that you take all of the necessary precautions to protect yourself from a data breach. The repercussions of this…
According to a recent report published by The Population Reference Bureau, there will be over 98 million Americans age 65+ by 2060. And, along with the fast aging American population, assisted living facilities are bursting in cities across the nation. Let’s face it, the tradition of taking care of your elderly parents is becoming extinct…
No matter what type of business you operate, the cost of carrying workers’ compensation insurance, as well as that of managing claims that arise, can be a significant burden. For that reason, it’s essential to do everything you can to avoid fraudulent workers’ comp claims. There are many steps you can take to address this…
No matter where your business is located, it’s likely that the threat of natural disaster is very real. Although these types of events don’t happen often, the devastation they leave behind can have significant consequences for your company. There may be no way to actually stop that damage from occurring when a natural disaster strikes,…
Insurer Carriers in California are demonstrating a blatant disregard to the California Insurance Commissioner call to comply with reform laws to lower premiums and pass on the savings to the employers. As to why they are doing it certainly begs an answer, but they’ve been skirting around the issue successfully over the last few years.…
While there are many factors that will influence how much you pay for your workers’ compensation insurance coverage, it’s always true that the fewer accidents you have, the better your rates will be. Of course, having solid and updated safety systems in place is a great starting point when you’re trying to ensure your number…
Unless you have been hiding under a rock over the last decade, you are probably aware that seismic shifts in the labor force and high speed automation may be putting one of the property and casualty industry’s biggest premium generators at risk of displacement. Two issues confronting insurers could prompt essential changes in their business…
A Commercial General Liability (CGL) policy is an important part of keeping your company protected in a variety of situations you’ll encounter over the course of doing business. But it’s also important to understand what this policy might not cover so that you can properly mitigate your risk. CGL insurance is designed to protect you…
Successful businesses run like well oiled machines but those machines can come to an alarming stop if something goes awry like a crinkle in your cash flow. Decisions such as payroll and procuring materials are absolutely critical but one often neglected item, Insurance Audits, can throw a monkey wrench in your well oiled machine which…