By Matthew P. Simmons, CIC Georgetown Insurance Service, Inc. Silver Spring, MD 2018 has been an interesting year — a year that has left the insurance industry scrambling to construct the right coverages for our country’s evolving needs. As agents, there are a number of trends and pending changes that we are keeping our eyes … Continue reading The Six Insurance Trends to Keep an Eye on in 2019
National Insurance Awareness Day takes place on June 28th of each year. While experts aren’t sure who originally created it, it has now come to serve as an annual reminder for individuals and businesses to review their insurance coverage. In honor of this year’s Insurance Awareness Day, we are sharing the top four questions that … Continue reading Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves
By Michael Crowell, Associate Georgetown Insurance Service, Inc. Silver Spring, MD When I first decided to embark upon a new career in insurance, I was all in. I plunged head first into a new career, confident that I would succeed. Expecting an adjustment period and some initial growing pains, I’m going to be honest with you…I … Continue reading What I thought Insurance Was, What It Actually Is, and What I’ve Learned
Business insurance can be incredibly complex. Every company’s insurance needs will differ based on factors like industry, location, and size. However, regardless of these factors, there are a number of core coverages that every business should have. If you own a business, then this article is for you. We’ve compiled a list of five coverages … Continue reading 5 Types of Coverage Every Business Needs
2017 has proven itself to be anything but predictable, and has certainly kept the insurance industry on its toes. As the year comes to an end and 2018 begins, we can’t help but wonder what the next twelve months may hold. While we can’t predict the future, here are five trends to keep an eye … Continue reading Insurance Trends to Look for in 2018
With accusations and harassment cases capturing headlines in 2017, it is not surprising a best practice for businesses and organizations is emerging: an investment in an Employment Practices Liability Insurance (EPLI) Policy. Today, it makes sense for businesses to proactively protect themselves against the ever-growing possibility of a lawsuit. EPLI offers businesses protection against a … Continue reading Now Is the Time to Invest in 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?
By Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Wage-and-hour claims happen when employees file lawsuits against their employers regarding an alleged failure to pay overtime wages. Wage and Hour lawsuits have increased substantially over the past 10 years and they will continue to increase as more and more disgruntled ex-employees file lawsuits … Continue reading WAGE-AND-HOUR CLAIMS