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Cyber Liability – Failure to Protect Information

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD My last post discussed potential issues with General Liability (GL) insurance as it relates to damaging or destroying electronic media, information, or data that is owned by others.  Because GL policies intend to cover “Property Damage,” and electronic data is no longer considered to … Continue reading Cyber Liability – Failure to Protect Information

Answering the What, Who, and Why of Workers’ Compensation

Workers’ compensation insurance can be a complex coverage to understand. Workers’ compensation insurance is a federal requirement that every state must provide and each state determines its own methodology. It is important that business owners take the time to research and review their policies and establish workplace best practices. WHAT is Workers’ Compensation Insurance? The … Continue reading Answering the What, Who, and Why of Workers’ Compensation

Cyber Liability – What is Tangible Property?

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD Virtually every business owner purchases General Liability insurance at some point.  This can also be referred to as GL (General Liability), BOP (Business owner Policy), or CGL (Commercial General Liability) insurance.  For the purposes of this discussion, it will be referred to as “GL.” … Continue reading Cyber Liability – What is Tangible Property?

Key Man Insurance – 3 Reasons You Should Consider It

By Kristy Parker, CISR Georgetown Insurance Service, Inc. Silver Spring, MD Every business has that one employee who they just can’t afford to lose. You know the one. That employee whose face comes to mind instantly. In fact, I bet you are picturing them right now. It could be the employee who brings in the … Continue reading Key Man Insurance – 3 Reasons You Should Consider It

What is “Cyber Insurance?”

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   Technology has changed our lives in unfathomable ways over recent years.  When I started in the insurance business, we had floppy discs (literally) and documents printed on carbon paper with a dot matrix printer.  My first “cell phone” was in a bag so … Continue reading What is “Cyber Insurance?”

Why EPLI?

By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Did you know that an estimated 60% of businesses will be sued by an employee at some point in time? However, despite this staggering number many businesses still operate without employment practices liability insurance (EPLI) in place to protect them. The Risk is Real … Continue reading Why EPLI?

5 Things You Need to Know About Flood Insurance

Rainfall can be a beautiful thing. It provides the hydration essential to keep our land healthy, nourished, and beautiful. However, as with all good things (chocolate, for example), moderation is key…but you can’t exactly control mother nature. Recent hurricanes, storms, and excessive rainfall have residents and businesses examining their flood insurance… and for a good … Continue reading 5 Things You Need to Know About Flood Insurance

The Ins and Outs of Workers’ Compensation

By Edith Gates, CISR Georgetown Insurance Service, Inc. Silver Spring, MD Accidents happen. Regardless of how stringent your safety measures are, there is no possible way to completely eliminate the threat of workplace accidents. That’s where workers’ compensation insurance comes in. Having workers’ compensation isn’t just an option, but a necessity. What are the benefits … Continue reading The Ins and Outs of Workers’ Compensation