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
Tag: EPLI
Insurance Trends to Look for in 2018
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
Now Is the Time to Invest in EPLI
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
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?
WAGE-AND-HOUR CLAIMS
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