What Is Keyman Insurance – and Do You Need It?

Insurance is something that gives us the peace of mind we need to carry on with their daily lives and provides us the protection we need in the event the unforeseen happens. The same goes for any business or organization. That’s why ensuring that keyman insurance (also known as key person insurance) is an important … Continue reading What Is Keyman Insurance – and Do You Need It?

Why Employment Practices Liability Insurance (EPLI) Is Critical for All Businesses

By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD   Accusations and harassment cases have been steadily rising over the past couple of years. In 2018, the United States Equal Employment Opportunity Commission (EEOC) received more than 7,600 sexual harassment charges and complaints, an increase of nearly 14 percent from last year. In … Continue reading Why Employment Practices Liability Insurance (EPLI) Is Critical for All Businesses

How Employees Can Get You Sued

By Ben Simmons, CLCS, Account Executive Georgetown Insurance Service, Inc. Silver Spring, MD Depending on the circumstances, your company can be held legally responsible for harm caused by the bad acts of your employees. An accident with a company vehicle, harassment of a coworker or customer, damage to a customer’s property due to intentional negligence … Continue reading How Employees Can Get You Sued

Commercial Property Insurance: It’s More Important Than You Might Think

By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD What is Commercial Property Insurance? As a business owner, one of the most important types of insurance you need in your toolkit is commercial property insurance. Whether you own the building or are a tenant, commercial property insurance is necessary to protect … Continue reading Commercial Property Insurance: It’s More Important Than You Might Think

Insurance Lingo 101

Insurance. We all need it. It safeguards our property, our families, our businesses and our employees. Insurance can help us pay for property damages, injuries, and medical expenses that might otherwise have large financial consequences. However, sometimes navigating the various policies, terms, and coverages can get confusing and overwhelming. Let’s break down the most common … Continue reading Insurance Lingo 101

Cyber Insurance: Why Should You Purchase it?

Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD While there are many facets of cyber insurance, this is geared toward the considerations business owners must make relating to First Party Coverages, which can often be overlooked. Many of today’s discussions of cyber insurance concern Third Party issues, such as failure to protect private … Continue reading Cyber Insurance: Why Should You Purchase it?

Did You Know – National Safety Month

Did you know… That in 2016, the National Highway Traffic Safety Administration (NHTSA) reported 397 traffic fatalities on Independence Day weekend alone? In fact, 44 percent of all vehicle fatalities that occurred in 2016 happened between the months of May and August, with July being the highest. Medically consulted injuries in motor vehicle incidents totaled … Continue reading Did You Know – National Safety Month

The Impact of Foreign Workers on U.S. Employers

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD  The U.S. is known as the “land of opportunity.” And because of this, people from around the world are attracted to live and work in America, seeking both high- and low-skilled jobs. The increase in labor creates more competition in the workforce and sometimes, … Continue reading The Impact of Foreign Workers on U.S. Employers