What Is Errors and Omissions Insurance?

Errors and omissions insurance, also known as E&O insurance and professional liability insurance, helps protect you from lawsuits claiming you made a mistake in your professional services. This insurance can help cover your court costs or settlements, which can be very costly for your business to pay on its own. What Does E&O Insurance Cover? Errors…

Read More

What Is an Errors and Omissions Claim?

Errors and omissions insurance is also known as professional liability insurance and E&O insurance. This policy can help protect you from lawsuits claiming you’ve made a mistake in your professional services. This means that an errors and omissions claim filed against you can be for: Negligence Errors or omissions in your services provided Misrepresentation Violation of good…

Read More

Prevent Costly Mistakes In Your Business

Look, everyone can make a mistake at work. Perhaps you send an email to the wrong person, ship the wrong product to the wrong address. These common errors could disrupt business operations or lose valuable business data. If you run a retail business, a single mistake could result in a significant loss of productivity and…

Read More

Steps To Reduce Workplace Injuries

Injuries to employees can be devastating for businesses, especially small businesses with fewer employees available to take on new roles when an injured worker is on leave. While workers compensation insurance will help pay medical costs and replace an injured employee’s lost income, your business will have to absorb costs associated with reduced productivity, overtime,…

Read More

4 Ways to Lower Your Experience Modification Rate and Why it Matters

Losses are just one factor in your overall workers’ compensation costs. The other is premium. Many calculations are involved in setting the premium; it comes down to how much of a risk the carrier thinks it is taking by insuring your company. One of the biggest components of the premium calculation is the experience modification…

Read More

Protecting against #cyberfail: Small business and cyber insurance

While cyberattacks and data breaches at Fortune 500 companies tend to dominate the headlines, America’s more than 28 million small businesses and their 56 million employees are increasingly vulnerable. Their exposure is much the same as that of larger companies, experts say, but many may overlook or underestimate the threat and may not fully understand…

Read More

Cyberattacks can occur in many ways

Cyberattacks can occur in many ways, including: Accessing your personal computers, mobile phones, gaming systems and other internet and Bluetooth connected devices. Damaging your financial security, including identity theft. Blocking your access or deleting your personal information and accounts. Targeting children and adults. Complicating your employment, business services, transportation and power grid. Protect Yourself Against…

Read More

Types and Costs of D&O Coverage

D&O insurance policies offer liability insurance coverage for the Directors and Officers of non-profit, for-profit, and privately held businesses.  Directors and Officers insurance helps protect them from defense costs and damages which may arise from managerial decisions that may have adverse financial consequences. All organizations are vulnerable to D&O insurance exposures. Read more about the who,…

Read More

Directors and Officers Insurance

While business insurance policies by definition provide coverage for the business itself, individual company officers may still be personally exposed to financial losses resulting from a lawsuit. To protect your company’s leadership, you may want to consider purchasing directors and officers (D&O) liability insurance. What D&O covers Directors and officers is a type of liability…

Read More