June 21, 2021
AgencyWorkers Comp Insights – Subrogation Explained
As an employer, you do everything you can to promote a safe organization and protect employees from occupational illnesses and injuries, thus minimizing potential workers’ compensation claims. Nevertheless, the risk of an employee experiencing a work-related illness or injury due to the fault of a third party—whether it’s another organization, a contractor or a member […]
August 3, 2021
AgencyKnow Your Limits. Is Your Coverage Enough
Does your business have the right coverage? Losses from cyber attacks, employment practices liability or D&O claims can be detrimental to your business if you don’t have enough of the right coverage. The following is a review of a number of recent severe insurance business losses related to various lines of business. LIABILITY INSURANCE […]
August 31, 2021
AgencyHow To Reduce Workers’ Compensation Costs
Five Strategies for Reducing Workers’ Compensation Costs When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more than just stopping a few accidents; it is having a sound safety program designed to continuously improve. This […]
January 13, 2022
AgencyHow To Proactively Mitigate Employment Practices Liability Claims
As COVID-19 vaccination rates increase and transmission rates of the virus decrease, employment practices liability insurance (EPLI) claims involving retaliation are expected to continue to increase as employees return to the workplace. Data from the Equal Employment Opportunity Commission (EEOC) shows that EPLI claims alleging retaliation have increased every year since 2003, with 37,632 workplace […]
January 27, 2022
AgencyHow To Fill Your Coverage Gaps with Inland Marine Insurance
Inland marine insurance was once used strictly in the ocean marine industry to protect against property losses before, during and after water transfers. As the non-ocean aspect of the cargo journey developed, cargoes were transferred to barge, and the term “inland marine” was created. These policies became known as “floaters” because the property covered was […]
March 8, 2022
AgencyYouth Camp & Excursion Liabilities for Nonprofits and Religious Organizations
Nonprofits and religious organizations commonly host youth camps, excursions and other activities during the summer in Cedar Park and surrounding areas of Central Texas. Whether your organization runs single-day retreats, multiday camps or overnight outings, it’s important to have appropriate policies and procedures to keep children safe. A good safety plan begins before camp starts […]
March 17, 2022
Agency5 Ways Cybercriminals Target Your Business
These days, cybercriminals are organized and well-funded. Unlike a lone threat actor, ransomware groups will reinvest a portion of their profits into hiring and training talented cybercriminals, making them more dangerous to organizations. As ransomware tactics evolve, it’s important for organizations to be up to date on current ransomware techniques. Here are five ransomware threats […]
April 8, 2022
AgencyWhat Insurance Coverages Do HVAC Contractors Need?
Heating, ventilation and air conditioning (HVAC) contractors install, maintain and repair heating and cooling systems in residential and commercial structures. They work with appliances, water heaters, toilets and sprinkler systems in new buildings and existing structures. Due to the wide variety of tasks these contractors perform, they may need specialized coverage to protect against liabilities. […]
April 22, 2022
AgencyHow Schools Can Protect Themselves From Playground Liability Exposures
Playgrounds are an important part of young children’s educational environment. They allow children to exercise and expel excess energy so they can better focus in the classroom. However, playgrounds are commonly the site of many injuries, ranging in severity from minor to serious. As an educational institution, you need to balance keeping playground facilities safe, […]
June 16, 2022
AgencyWhat are Jackware Cyberattacks?
Get A Quote For Cyber Liability Insurance Ransomware incidents entail cybercriminals compromising their victims’ computers or servers with malware and demanding large payments in order to restore the technology (as well as any files or data stored on it). They have often been considered one of the most damaging cyberattack methods. While these incidents are […]