How to Insure against Alleged Whistleblowers

November 1, 2019

Employees file lawsuits against their employers for many reasons. A 62-year-old white male employee with a positive performance record and favorable bonuses was terminated by a foundation. He sued the foundation, alleging he was terminated from his job so that the employer could hide a pattern of discrimination against women and minorities. The employee further […]

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10 Tips for Reducing Cyber Liability Threats

October 24, 2019

Protect against viruses, spyware, and other malicious code. Make sure all computers are equipped with antivirus software and anti-spyware and updated regularly. Secure your networks: Safeguard your Internet connection by using a firewall and encrypting information. Make sure your Wi-Fi network is secure and hidden. Establish security practices and policies to protect sensitive information: Establish […]

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How to Understand an Insurance Policy

October 11, 2019

Most people would rather go to the dentist than try to read an insurance policy. Like most things that seem intimidating at first, though, when you break it down, it makes a lot more sense. There are four basic parts to every insurance policy: Declarations Insuring agreement Exclusions Conditions Declarations: The declarations introduce your coverage. […]

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Remote Workers Pose Huge Cyber Liability Threat

September 30, 2019

There are benefits to working from home, but also risks to both employees and employers. Working from home among non-self-employed people has grown by 140 percent since 2005 — ten times faster than growth of the workforce itself. There are plenty of benefits to both workers and employers when employees get online to work remotely. […]

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Three Recent Efforts to Reduce Gun Violence

September 16, 2019

Businesses where a shooting occurs risk not only potential lawsuits from innocent customers and bystanders but they will also very likely suffer some business slowdown from loss of reputation. Gun violence affects all aspects of society, especially businesses, such as the Walmart in El Paso, Texas and the merchants in the Oregon District of Dayton, […]

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Proud Sponsor of the 2019 La Mesa Oktoberfest

August 26, 2019

At Teague Insurance, we enjoy giving back to our community. Once again, we are a sponsor of the La Mesa Oktoberfest. Located on La Mesa Boulevard and right around the corner from our office, we can’t wait to be a part of the excitement. This year’s celebration takes place October 4-6. To learn more about […]

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What is Environmental Liability Insurance?

August 20, 2019

Standard business general liability (GL) policies provide little coverage for pollution damage, including toxic spills like the one in West Virginia in 2014. Today most companies that store or handle potentially toxic materials purchase a separate environmental liability policy. These policies cover the exposure that the GL policy excludes. Property owners purchase environmental impairment liability […]

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Who Needs Product Liability Insurance?

August 6, 2019

If you manufacture, sell or distribute any kind of product, you probably need some kind of protection from product liability claims. What Does Product Liability Insurance Cover? Product liability insurance protects the manufacturer, distributor or seller of a product from legal liability resulting from a defective condition that caused personal injury or damage associated with […]

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Why Did I Get a “Reservation of Rights” Letter?

July 24, 2019

Your organization has just been sued, and you’ve notified your liability insurer. Then you receive a reservation of rights letter. Here’s what it means and what to do. Practical Risk Management defines a reservation of rights as “an insurer’s notification to an insured that coverage for a claim may not apply. This allows for an […]

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How to Protect Your Business from Crime

July 10, 2019

Theft is one of the biggest reasons businesses often struggle. Consider these recent findings: The University of Florida National Retail Security Survey estimates total retail losses of $44 billion every year, with 30-40 percent of those losses walking straight out the door. In a survey conducted by Kessler International, 95 percent of employees admitted to […]

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