BLOG
BLOG
Hosting Events or Parties at Your Home
Everybody loves a great party, and everyone appreciates a great host. Special memories are made when we gather together. However, hosting events at your home comes with certain risks. Below is a list of important considerations to keep in mind when hosting gatherings to ensure safety and protect your assets.
Understanding the Property Insurance Crisis in California: Navigating the Storm
In recent years, California has been grappling with a pressing issue that affects commercial and habitational real estate investors, homeowners, renters, and businesses alike: the Property Insurance Crisis. Devastating wildfires have increased insurance companies’ vicarious exposure via risk assigned to them by the CA Fair Plan, which is now receiving
Employment Law Update: New Overtime Regulation from the Department of Labor
On April 24, 2024, the Department of Labor (DOL) implemented significant changes to the regulations governing overtime exemptions for certain white-collar employees. For businesses, understanding and adapting to these changes are crucial to maintain compliance and ensure fair treatment of employees. Let’s explore what these changes entail and what steps
ABC’s of Insurance for Contractors: What Policies Do You Really Need and Why?
Embarking on a journey as a new contractor is exciting but comes with its challenges. Among the most critical is protecting your business against potential risks and liabilities. Insurance is a cornerstone of this protection, ensuring that your hard work isn’t jeopardized by unforeseen events. In this post, we’ll explore
Understanding Commercial Insurance in the Cannabis Industry: The Role of Master Service Agreements in Mergers and Acquisitions
The cannabis industry is rapidly evolving, with mergers and acquisitions (M&A) becoming increasingly common. These activities present unique challenges, particularly in acquiring adequate commercial insurance. A key yet often overlooked aspect of these transactions is the Master Service Agreement (MSA), which defines the relationship between merging entities and ensures insurance
Navigating the Liquor Liability Insurance Market in 2024
If your business sells or serves alcoholic beverages, you understand the importance of liquor liability insurance. This coverage protects you from costly lawsuits and damages if an intoxicated customer causes harm to themselves or others. However, the liquor liability insurance market is undergoing significant changes in 2024 that could impact
Employee or Independent Contractor? Understanding the January 9, 2024 DOL Rule and How it Impacts Your Business’ Insurance Needs
On January 9, 2024, the Department of Labor (DOL) introduced a rule designed to clarify the distinction between employees and independent contractors. This development not only affects employment classifications but also has significant implications for insurance coverage. This post explores the key components of the DOL rule and its impact
Mom!! Why Have My Commercial Auto Rates Increased So Much?
What is it about human nature that makes us feel better when we understand why something has gone wrong? From the moment we learn to talk, we ask, “But why?” It’s no different when unexpected events affect us as adults. If you’re responsible for managing your company’s commercial insurance, you’ve
Large Construction Projects: OCIP or CCIP?
For owners of large construction projects, deciding between an Owner Controlled Insurance Program (OCIP) and a Contractor Controlled Insurance Program (CCIP) is a critical choice with significant insurance and risk implications. Here are some key considerations to help make an informed decision: Key Considerations 1. Cost ControlWith an OCIP, the
The WCIRB’s New Insurance Classifications for Food and Beverage Businesses
The Workers’ Compensation Insurance Rating Bureau (WCIRB) has announced significant changes that will impact businesses in the food and beverage
Cyber Attacks and Cyber Trucks: A Cautionary Tale
Last month, CDK Global, a software provider for auto dealerships worldwide, became the target of a sophisticated ransomware attack that
Creative Ways to Save Money on Commercial Auto Insurance
Commercial auto insurance is a critical investment for businesses that rely on vehicles for their operations. However, rising premiums can
Hosting Events or Parties at Your Home
Everybody loves a great party, and everyone appreciates a great host. Special memories are made when we gather together. However,
Understanding the Property Insurance Crisis in California: Navigating the Storm
In recent years, California has been grappling with a pressing issue that affects commercial and habitational real estate investors, homeowners,
Employment Law Update: New Overtime Regulation from the Department of Labor
On April 24, 2024, the Department of Labor (DOL) implemented significant changes to the regulations governing overtime exemptions for certain