In today’s increasingly litigious environment, entities are being contractually required to carry limits of sexual misconduct and molestation insurance never before carried. These companies need an innovative insurance product that provides the required coverage for their exposure as a contracted employee. Sexual Misconduct Liability Insurance is designed to assist these entities fulfill their insurance needs. POLICY HIGHLIGHTS Coverage includes negligent… Read More »Mitigating Sexual Misconduct & Molestation Exposures
You are a contractor and you may hire a subcontractor for a specific task. FACT: most of our clients do that. The subcontractor or one of their workers may get injured on the job. FACT: some of them get that. QUESTIONS: Are you liable for workers’ compensation insurance? Are you liable for general liability insurance? The answers to these questions could very well… Read More »Protect Yourself Before You Allow Subcontractors on Your Jobsite
Even if you’re importing sourced or someone’s else product, as soon as you attach your label on the product, you become responsible for claims associated with the use of the product. Some of the claims can be avoided if operating manual is well written and easy to follow. How much, do you think, IKEA incurred in losses, because people assembling its products couldn’t figure… Read More »Product Liability Insurance Exposures – Check you Operating and Assembly Manual
Whether you are an existing multinational organization or exploring the possibility of expanding into the foreign market, In partnership with Travelers, we have the products, services and expertise to meet a wide range of international insurance needs in more than 90 countries. Our mission is to create unique solutions to your needs, no matter how complex. Did you know that one-third of the U.S. Gross Domestic Product… Read More »Are You Covered Worldwide?
A new study from the U.S. Chamber of Commerce shows that small businesses paid $105.4B in 2008 for tort costs, with a third of it ( more than $33 BILLION, that is $33,000,000,000 !) out of their own pockets. According to the report, small businesses paid 81% of business tort liability costs but took in only 22% of revenue. The… Read More »Small Business Large Expense – US Tort Claims
Employers recognize the negative effects of workplace stress and are using various strategies to manage it, a Buck Consultants L.L.C. survey released Thursday concludes. 82% of the employers surveyed at the WorldatWork 2010 Total Rewards Conference & Exhibition in Dallas indicated that their health care costs are “significantly or moderately impacted by worker stress,” the New York-based human resources consulting… Read More »Reduce Work Stress and Save on Health Insurance Benefits