Saturday, April 16, 2016 As I am certain you can confirm, there are a significant number of Contractors (potentially your competition) operating without Insurance. Unfortunately, many prospective clients do not consider this while reviewing proposals - they are just looking for the lowest price. READ MORE >>
Friday, March 11, 2016 Obviously the primary reason for loss control is because an Employer cares about the health and well being of their Employees. However, for this post, since claims experience can have such a significant impact on an Employer's premium, I will discuss more in terms of business and not so much the human element. READ MORE >>
Saturday, February 20, 2016 Very simply stated, the requesting party is saying "If you screw up (cause bodily injury or property damage) and I get sued, I expect your policy to protect me." The Additional Insured requirement is very common in construction. Let's say a building owner needs Electrical upgrades. READ MORE >>
Saturday, January 2, 2016 Before anybody wants to take a political shot at me on this one - yes, I agree with you, it would be fantastic if everything could be manufactured in the U.S. But we don't live in a self sustaining bubble within the world. It is a global economy. Let's dig into this a bit more. READ MORE >>
Saturday, November 14, 2015 You own a great establishment with good food, but the bulk of revenue comes from Alcohol sales. That's why you stay open until 1:30 a.m. or maybe even maintain a 3:00 a.m. liquor license. You need to make certain you have Assault and Battery (A&B) Coverage for your business. READ MORE >>
Sunday, August 16, 2015To my surprise I got called out on the absence of a follow-up to a prior Blog Post. As previously indicated, I work with the assumption that this Blog is largely ignored, so I can state things like “in the next post we will cover….” and if I fail to (or don't want to) get back to the topic, no big deal. READ MORE >>
Saturday, July 25, 2015The Certificate of Insurance (COI) loosely stated is the Business equivalent of an Auto Insurance Id Card – it illustrates proof of Insurance to parities that require it. Common examples, Landlords, General Contractors, Vendors, Municipalities and knowledgeable Homeowners. READ MORE >>
Wednesday, June 3, 2015A common question is: “Why do I have to include my subcontracted payroll on my Workers’ Compensation policy – they’re 1099 employees?” This is a good question. Without going into too much detail, the degree of control (e.g. READ MORE >>
Saturday, January 17, 2015 Coinsurance as it relates to Property Insurance is an easily misunderstood concept. Most people, naturally, think of the coinsurance requirement of their health insurance (e.g. how much of the claim will I have to pay) However, with property insurance, it is an entirely different concept. READ MORE >>
Sunday, November 30, 2014The business section of the Post Dispatch had an article over the weekend discussing the damage caused by rioters to Ferguson Businesses. As indicated in the article (and this post) most businesses will be covered for this type of loss. READ MORE >>
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