There is a major misconception out there that companies do not need Director’s and Officer’s (D&O) liability coverage if they are not traded publicly due to a lack of exposure; however, in reality, private companies have just as much, if not more, management liability when compared to a public company. Directors and officers of private … Continue reading Do You Need Directors & Officer’s Coverage if You Are a Private Company?
The Equal Opportunity Employment Commission reported that in 2018 there were more than 76,000 claims of workplace discrimination. Of those claims, more than half were for retaliation, discrimination based on race, then sex, disability, and race. The agency also received a 14 percent increase in sexual harassment charges from the previous year. The Cost of … Continue reading EEOC vs Your Business
How does culture drive performance? In a 2013 study researchers asked almost 2,500 workers to analyze medical images for “objects of interest.” They told one group that the work would be discarded; they told the other group that the objects were “cancerous tumor cells.” The workers were paid per image analyzed. The latter group, or … Continue reading The Six Main Reasons Why People Work.
As an employee, the last thing you want to experience is getting injured on the job. Having to deal with the pain that follows, losing potential income, and seeking medical treatment can be unsettling. Workers’ Compensation insurance is designed to cover these injuries and help with the costs and expenses during recovery. Now that the use … Continue reading Cannabis & Workers Compensation
Let's break down the major possibilities of automation: In the long-term, automation could mean an significant change in the labor force (both positive and negative) and consolidation of major industries In the short-term, automation could mean a stress factor for industry and a trigger for conversation and strategic planning (first to market on certain ideas) … Continue reading The Direct, Immediate, And Long-Term Impact Of Automation
According to Chron, only 1.5% of businesses continue to see a third generation of management. Perpetuation planning is essential to business continuity and should begin as soon as you acquire a company. Although proper perpetuation planning doesn't require immediate action, it does require extensive consideration. Proper perpetuation planning allows you to step back and see … Continue reading Business Continuity: Understanding the Importance of a Proper Perpetuation Plan
"The Centers for Disease Control and Prevention says that 35 percent of U.S. drivers sleep less than the recommended minimum of seven hours daily," AAA reported last year. "In a recent related AAA Foundation survey, nearly all drivers (96 percent) say they view drowsy driving as a serious threat to their safety and a completely unacceptable … Continue reading Drowsy Driving will soon be legally considered a form of Impairment. Certainly a current Risk to learn about.
The landscape of business and culture is changing at a rapid pace. As baby boomers continue to retire the gap and hunger for that next generation of workers continues to rise. How to hire, retain, cultivate and manage Millennials is the largest challenge to most industries today. The recruiting process is much different from what … Continue reading Attracting and Retaining Millennials
According to recent estimates, distracted driving comes with a price tag of around $175 billion a year. Distracted driving is defined as any situation where the driver fails to pay proper attention, such as texting while driving, cell phone use, talking with other passengers, eating or drinking while behind the wheel, or even adjusting mirrors, heating, … Continue reading The Impact of Distracted Driving
We recently partnered with the Maryland Construction Network (MCN) and FCCI to create an exclusive insurance program for the MCN members. This is a game changer for the members with an opportunity to receive immediate insurance benefits on their business and surety needs.