As flames engulf a building and firefighters battle the blaze, the owner gets scolded by a man in a suit—because she waited too long to file her insurance claim. Don’t let delays cost you big. Learn how fast action can save your home, business, and wallet.
As the Trump administration returns to aggressive tariff strategies, business owners across the country are once again bracing for impact. On-again, off-again tariffs aimed at key trade partners like China, Mexico, and Canada are creating a volatile environment where forecasting…
The governing committee of California’s workers’ compensation rate-making agency on Apr. 16 voted to recommend that the benchmark rate for policies incepting on or after Sept. 1, 2025, should increase an average of 11.2% across all class codes. The news…
Employers are increasingly facing lawsuits over how they handle background checks while screening job applicants. For a lesson in what can happen, take the recent class-action lawsuit filed against a Whole Foods Market Inc. store in Fresno, California. The suit…
One of the biggest mistakes owners of a growing business make is not keeping up their insurance coverage to account for the expanding assets and potential liabilities. Let’s say you started your business 10 years ago with just a small…
Overexertion and falls are the most common types of workplace injuries in the United States, costing employers $28 billion annually, according to a new study. Liberty Mutual Insurance Co.’s “2024 Workplace Safety Index” reports on the causes and costs of…
As construction projects become larger and more complicated, contractors are taking on more of the risk by increasing their builder’s risk insurance deductibles, according to a recent report. Michael Cusack, executive vice president of insurance broker Alliant Specialty, told Insurance…
One of the keys to running a successful business is having in place a robust risk management system to ensure your company can guard against a growing number of threats that can derail operations or cause significant losses. While each…
When running your construction operation, one of the biggest challenges is preventing subcontractors’ and suppliers’ safety practices from interfering with your own safety program. While you may consider a number of factors when vetting a new subcontractor or vendor, one…
With sexual harassment and other bullying behaviors receiving more attention, and with lawsuits increasing, employers have been busy updating or creating anti-harassment policies and training their employees. Besides the fallout from having sexual harassment occur in your workplace, employers may…