Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

New Workers’ Compensation Regulations – Exclusion of Corporate Officers – Partners – LLC Members

Effective January 1, 2017, AB 2883, makes the following changes: Any eligible individual (officer, director, general partner, managing member) electing exclusion from workers' compensation benefits must provide a signed waiver to the insurance carrier prior to January 1, 2017. For corporations, officers and directors (i.e., members of the Board of Directors) must now also meet a 15% ownership threshold in order to be eligible for... Read Article

Employment Practices Liability Insurance (EPLI)

Today more than ever, employees know their rights under the law. Over the years, the United States has created many federal laws and statutes to protect the rights of individuals including; Title VII of the Civil Rights Act of 1964, Title I and Title V of the Americans with Disability Act of 1990, The Age Discrimination in Employment Act of 1967, plus many other state... Read Article

Is Cyber Liability Insurance The Only Option For Your Business?

Cyber issues are in the news a lot today and we are sure everyone is thinking about how it apples to your business or family. As we continue our discussion regarding a new way to think about insurance we thought it would interesting to apply our philosophy to the Cyber Risk issue. Cyber Liability Risk Every business is at risk for a cyber breach. Even... Read Article

Contractors Have Professional Liability Risks

According to the International Risk Management Institute contractors, project owners, and project professionals have increased risk of professional liability claims. Yet, less than half of all contractors in need of the coverage are buying it. Insurance can play an important role in “on time and on budget” projects. If your Contractors Insurance coverage is not written properly, your business may not survive financially. Contractors Professional... Read Article

Five Things to Do Before You Start Your New Business

The latest news from the Small Business Administration is that only 60% of new businesses survive at least 2 years. Of that 60%, only 44% survive another two years. It is a fact that more small businesses fail then succeed. The two main reasons for failure are lack of planning and funding. While we can’t help with the funding part, we can offer some ideas... Read Article