It’s one of those little things we’ve all done – we have a momentary lapse in concentration while our mind is distracted, and we slip on the ice or trip over an obstacle. Next thing we know, we’re face down on the floor or the pavement. If we’re lucky, we walk away with some minor bruises.Read More
Are you ready for the season of ghosts and goblins? As a business owner, you don’t have to wait for Halloween to roll around to find things that go bump in the night. You deal with spooky risks all year round. And there’s a growing and particularly ghoulish risk you need to be on the lookout for: ADA lawsuits.
The World Health Organization describes it as "unquestionably the most severe acute public health emergency in modern times." To date, the Ebola outbreak has claimed over 4,000 lives, with approximately 8,400 more probable or suspected cases. And projections for its growth are sobering. Healthmap predicts the number of cases of Ebola worldwide could reach over 18,000 within a few weeks.
Cyber-attacks are one of the five biggest threats the world now faces according to “Global Risks 2014,” published by the World Economic Forum in January of this year. In the U.S. alone, more than 3,000 U.S. companies had their computer systems hacked last year, as reported by the Washington Post in March.
St. Patrick’s Day may be just around the corner and you may be feeling lucky, but wearing green and carrying a four-leaf clover won’t protect you from this threat: wage and hour litigation. It’s one of the fastest growing and costliest threats to your construction business in recent years, and many experts think it’s the biggest employment litigation threat to American businesses today.
If you’re like many business owners, you’re wondering what 2014 holds in store. Unfortunately, predicting how the economy will treat your business in the coming year is about as certain as predicting our winter weather. Fortunately your business insurance rates should be somewhat stable!
As another year winds down, analysts are weighing in on what’s been happening in the construction market this year and what 2014 might bring. Here are some of the highlights:
It’s Halloween again – a time for hayrides, jack-o-lanterns, and trick-or-treaters. It’s also a time when many people around the world indulge their obsession with spirits, hauntings, and unnatural creatures. Some even believe that October 31 – Halloween or All Hallow's Eve – is a time when the space that separates reality from the dimension of ghosts and the supernatural is at its thinnest.
According to Market Scout, an insurance distribution and underwriting company, the average composite rate for commercial property/casualty insurance in the U.S. was up five percent in May 2013. That’s the third consecutive month of five percent increases. In fact, all lines of insurance continue to see rate increases. Here are some of the figures from Market Scout:
“Why is insurance the second most costly line on my Profit and Loss statement, yet the one I know the least about?”