July 12, 2023
AgencyHow Does The Experience Modification Factor Affect Your Workers Comp Premiums?
Understanding the Experience Modification Factor Workers’ compensation insurance is a crucial component of protecting employees in the event of work-related injuries or illnesses. It provides medical benefits, wage replacement, and other necessary resources to injured workers while also safeguarding employers from costly lawsuits. One important aspect that plays a significant role in determining the cost […]
July 10, 2023
AgencyWhy Is Third-Party Employment Practices Liability Insurance Important?
In our increasingly litigious society, the threat of a lawsuit hangs over every business transaction, large or small. Even employers who adhere to the letter of the law at all times are likely be sued by an aggrieved employee or customer at some point. While many suits are groundless, defending against them is costly and […]
July 6, 2023
AgencyEnjoying Safe Trips In Your RV
While recreational vehicles (RVs) may provide a flexible and convenient way of exploring the world, they can also be dangerous. Before embarking on a journey in your RV, consider the following safety tips: Practice driving. Piloting an RV may be very different from driving a car. Take time to ensure you are comfortable with your […]
July 2, 2023
Agency4th of July Holiday Fireworks Safety
Using Fireworks Safely Even mild fireworks—such as sparklers—can get hot enough to burn through clothing. To prevent burn injuries, exercise extreme caution when lighting and holding fireworks, and monitor your children closely while celebrating. Keep reading for more firework safety tips. Firework Safety Recommendations Read and follow the manufacturer’s safety instructions and warnings. Do not […]
June 28, 2023
AgencyWhat Is Insurance And Why Is It So Important?
We all have been advised to buy insurance more than once – for life, health, and even for buying a new car or starting a new business. But, often we shy away from buying insurance, thinking why do I need to buy a life or health insurance being a young and healthy person? Or, why […]
June 26, 2023
AgencyUnderstanding Home Replacement Cost and How It Affects Insurance Premiums
Home insurance is based on the cost to rebuild and replace your home, not its market value. While market value is the amount your home is worth on the housing market, your home insurance coverage limit is based on the estimated cost to rebuild your home: the cost to repair, rebuild or replace what you […]
June 26, 2023
AgencyHow To Prevent Vehicle Theft
The National Highway Traffic Safety Administration (NHTSA) reports that vehicle thefts in the United States are on the rise, with more than 1 million motor vehicles stolen in 2022—a 25% increase from previous years. In partnership with the National Insurance Crime Bureau, the NHTSA encourages all vehicle owners to be extra vigilant in their security […]
June 22, 2023
AgencyHow Contractual Risk Transfer Can Help Businesses Reduce Insurance Claims
Contractual risk transfer (CRT) is a risk management technique that allows a business to shift potential liability to another party through a noninsurance contract or agreement. This mechanism aims to transfer risk to the party that is better equipped to manage and control it. While insurance is the most common method of risk transfer, CRT […]
June 22, 2023
AgencyHow Contractual Risk Transfer Can Help Businesses Reduce Insurance Claims
Contractual risk transfer (CRT) is a risk management technique that allows a business to shift potential liability to another party through a noninsurance contract or agreement. This mechanism aims to transfer risk to the party that is better equipped to manage and control it. While insurance is the most common method of risk transfer, CRT […]
June 16, 2023
AgencyHow Cybercriminals Are Weaponizing Artificial Intelligence
The past few years have seen artificial intelligence (AI) surge in popularity among both businesses and individuals. Such technology encompasses machines, computer systems and other devices that can simulate human intelligence processes. In other words, this technology can perform a variety of cognitive functions typically associated with the human mind, such as observing, learning, reasoning, […]