Insurance News
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Who Doesn’t Need Professional Liability Insurance These Days?
November 21, 2020
Doctors, lawyers and accountants aren’t the only people who need professional liability insurance. All kinds of people need professional liability coverage, including financial analysts, corporate trainers, numerous types of consultants and law enforcement professionals. Even FBI agents. According an article in Law Enforcement Today, “FBI agents tasked by fired former Director James Comey to take […]
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Impact of COVID-19 on Property and Liability Insurance
November 12, 2020
While estimates vary, the insurance industry is currently expected to pay as much as $110 billion in claims related to the pandemic in 2020, according to Lloyd’s. “The coronavirus outbreak has reduced risk in some areas while, at the same time, changing and heightening it in others,” according to Chief Claims Officer Thomas Sepp of […]
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What is ADA?
October 29, 2020
The Americans with Disabilities Act (ADA) and amendments, which applies to employers with 15 or more employees, says employers cannot discriminate against individuals with disabilities in hiring, promoting, retaining and other aspects of employment. The ADA requires affected employers to provide a “reasonable accommodation” to allow these individuals to perform their job duties. Employers do […]
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Don’t Forget Your Umbrella
October 15, 2020
If your business is the typical small or mid-sized business, you probably have somewhere between $500,000 and $2 million in liability coverage under your business owner policy (BOP) or commercial general liability policy. How does umbrella coverage work with these policies to provide extra liability protection? In addition to your BOP, you might also have […]