Who Needs Workers Comp Insurance
Posted: November 4, 2022
The Basics of Workers’ Comp Insurance for Small Businesses Nearly every state requires employers to have insurance to cover medical costs and lost wages for workers who are injured or become ill on the job. But when do you need it, and how do you get it? Workers’ compensation (often shortened to "comp") insurance helps your employees and protects your business should a tragedy occur, such...
Uninsurable Risk?
Posted: February 24, 2022
Why You Need to Think about Uninsurable Risk Uninsurable risk refers to potential losses insurance companies simply will not insure, regardless of how much you pay. And knowing what is uninsurable will help you plan for the future of your business and personal life. Common uninsurable risks include reputational, regulatory, political, war and pandemic risk. Generally, these risks fall into four broad buckets. First, the potential loss...
3 Success Stories and What You Can Learn from Them
Posted: January 4, 2022
Taking a Tax Deduction from an Unreimbursed Loss When disaster strikes, small business owners often experience property damage that leads to an unreimbursed loss. While in and of itself that is bad news, there is a silver lining. You may be able to recoup at least part of the unreimbursed property loss when you file your taxes. A property loss, according to the IRS, can result...
The Case for Having Humor at Work
Posted: October 29, 2021
Why Protecting Your Reputation Is Important Reputational harm is one of the greatest business threats today. How can business owners best protect their companies? Your business reputation is simply what others think and feel about your business. Those thoughts and feelings could be based on experiences with your business or on what people have heard about your business. And these experiences could be true or...
Covering Your Halloween BOOs
Posted: October 21, 2021
Make Sure Your Halloween B.O.O.s Are Covered It's the spookiest night of the year, and if you're not careful, the tricks could lead to more than just a little fright. We all love a good scare, but on Halloween night, it's possible to get a little more than you bargained for. Don't be scared. Your homeowners and renters insurance policies are there for you. If...
