now browsing by month
As a staffing agency, there are specific risks that you face and that you should find coverage for. The problem might be which staffing insurance agency you should go with. While there are many out there, there are only a few that will provide you with the exact services that you need in order to succeed in your business. The following are a few things to look for when you are on the search for the perfect insurance agent:
- A provider that has been in the business for many years, and thus has years of experience.
- A provider with staff members who have been trained and are well-versed in all-things insurance related.
- A provider that includes risk management for support.
- A provider that covers a variety of different staffing agencies, ensuring that yours will be accepted.
- A provider that accepts reported claims 24/7.
- A provider that has someone available within a day or two to answer any questions that you might have.
Once you find an insurance agency that fulfills all of the above-mentioned requirements, you can rest assured that you are working with the professionals. When you need staffing insurance, nobody will give you more of what you need than someone with experience, professionalism, a commitment to your business, and availability. Find your insurance provider today to get protected.
photo credit: InternationalHouseManchester cc
However talented or dedicated they might be, real estate agents are only human. And just like everyone else, they can make mistakes. In situations that involve land sales, housing, and other large transactions, mistakes made in real estate can lead to losses of several thousand or even millions of dollars for both the companies and the clients. Real estate errors and omissions insurance, however, can provide coverage for when things do go wrong.
Errors and omissions insurance is also called professional liability insurance or professional indemnity insurance. It is used in cases where a client believes that a service (or failure to provide service) from a company has hurt them financially. In the medical field, this is often called malpractice, although it can be used in almost any service industry—ranging from shipping to accounting to real estate.
Problems and Pitfalls
Real estate errors and omissions insurance protects against human error. For example, if a property’s acreage is recorded incorrectly, or if broker forgets to recommend a home inspection and problems are discovered after a home is sold, clients may sue the real estate broker. Restitution, settlements, and legal fees can cost quite a bit and may even put an agency out of business. Even when claims are groundless, lawyers aren’t cheap.
Where or not the client has a basis for their complaints, lawsuits because of simple mistakes can happen to any company. Real estate errors and omissions insurance can protect a firm from angry clients, court battles, and financial loss.
photo credit: Spicygreenginger cc
There are so many different types of businesses and so many risks that each individual company faces, that it could be hard to know which type of insurance to carry. Fortunately, there are qualified professionals who are waiting to help contractors put together the best insurance policy for their needs. Connecticut contractors insurance is something that every contractor should have, no matter what field he is in. The following are some common industries that require contractors insurance:
- Snow Removal
- Yard Care
And so much more. Some contractors may feel that they’ve got a handle on their job and do not need the insurance coverage, but they should realize that accidents happen and that not all clients will be satisfied with even their best work. Connecticut contractors insurance is the best way to protect the contractor from claims of pollution, auto accidents with the company car, worker injuries, equipment failure, and the list goes on.
If you are a contractor looking for the best protection against the risks you face, contact a Connecticut contractors insurance agent today. Rather than waiting for the accident to happen, and then being in over your head, determine your risks with an agent to see how you can lessen the load of a sometimes stressful job, no matter what industry you are in.
Running a restaurant is a labor of love in many cases. For this reason, you want to ensure success for your business no matter what. A restaurant risk management plan can be crucial to protecting your investment against a number of occurrences. Without the right insurance in place, even the most successful undertaking may face risks due to unforeseen circumstances.
What Is Risk Management?
When devising insurance coverage for your business, it’s important to recognize the specific risks such a business may entail. Restaurants offer particular challenges that may not be present in other industries. That’s why adequately assessing risk is so crucial to keeping your business afloat.
Risk assessment is the process of identifying risks to your particular circumstance. For instance, having coverage in the event of foodborne illness or contamination can be a necessary form of coverage for all restaurants. Other types of coverage may include those protecting against equipment breakdown, as well as coverage for things like crime and other wrongdoing.
Choosing a Plant That’s Right for You
Once you’ve identified the exact risks, it’s important to choose a plan that offers coverage against those events. Such plans can save a restaurant from financial devastation, which in many cases can occur due to a single incident. Before deciding on insurance for your business, be sure to secure restaurant risk management services to make certain you remain covered, no matter what.
DigniCARE is an insurance and risk management solution that goes beyond what your clients will expect. It empowers caregivers and allows them to put the needs of the residents at the top of the priority list. With a rise in claims and the evolving industry, a proactive approach is needed. If you have clients looking for a program that will do this for them, this program might be just the thing. The following are some of the aspects of the program:
- There is a helpline available for crisis support, risk consultation, and other resources that your clients might need.
- There are newsletters, E-news reports, and risk alerts that are regularly sent out.
- A risk management download center makes it easy to obtain the documents that are needed for the job.
- There is a virtual risk assessment center that is web-based.
- There are regular webinars put on with CE credit for nurses who need it.
- Consultation is available online for training and risk assessment, as well as for other needs.
With so many benefits of using a program, there is no reason not to offer DigniCARE to your clients. They will quickly see how the program will help their facility run more smoothly, and you will ensure that all of their needs are covered. Contact your insurance carrier today for more information.
photo credit: 81disasters cc
Data breaches have been in the news quite frequently these days and consumer privacy is at the forefront of many people’s minds. Many people assume that cyber liability is only beneficial for online business or retailers that use credit cards, but in reality the real estate world is just as much at risk as many other industries. Cyber liability for real estate agents can protect you from the risks that come with collecting your clients’ personal information.
Over the past few years, the instances of data breeches have risen dramatically. Real estate agents have to worry about this trend because of the significant amount of confidential information that they have. Applications, leases, and agreements between renters and tenants require a lot of personally identifiable information. Because of this, cyber criminals have begun to target real estate agents. Should a data breech occur, you would be liable for any losses your clients experienced.
In the digital age, many agents turn to their smartphones or other mobile devices for the storage of data. When an electronic device is stolen, all of the data is stolen as well. In addition, insignificant data backups can result in losses as well.
Cyber liability for real estate agents is one of the best ways to protect yourself from data risks. While insurance cannot protect breeches from happening, it can reduce the cost of recuperation and keep your business afloat.
photo credit: Stuck in Customs cc
If you are an Allied Healthcare provider, then it is likely you already know how important it is that you carry adequate insurance for your business. When you are out shopping for insurance, make sure that you are getting at least these three essential coverage options:
Medical Malpractice Insurance
Medical malpractice insurance is designed to protect you from lawsuits that claim you were negligent in your care of a patient. Some of the situations that fall under this include if you were to discharge a patient too early, misdiagnose a condition, or prescribe an incorrect dosage of medication or treatment.
Claims Management Services
Just as the term implies, claims management services involve a company stepping in to help you navigate the wild web of insurance agents, adjusters, and the other personnel who will get involved in the event a claim is filed on your insurance.
Medical Equipment Coverage
Medical equipment coverage involves insurance coverage for your medical equipment. You likely paid a lot of money for this equipment and if something goes wrong, or the equipment is vandalized or stolen, you want to make sure you can get a replacement.
Talk to an Insurance Professional
While this list is by no means comprehensive, these are just three of the crucial elements of coverage you need to make sure and have as an Allied Healthcare provider. Talking to a qualified insurance professional can help make sure you get the coverage you need.
photo credit: epSos.de cc
A minority business enterprise is defined as one in which at least 51% of ownership is in the hands of members of a minority ethnicity in the United States, including African Americans, Asian Americans, Hispanic Americans and Native Americans. These businesses are often certified by a state-level or federal-level agency. If you are the sole owner or one of several owners of a minority business, you may be interested in learning that there are special programs geared towards helping your minority business enterprise supply employees with health insurance and other benefits.
Maryland and MBEs
Maryland is one of the best states to own an MBE in. In fact, it is the first state to put forth a sub-goal for businesses owned by African Americans. A legally mandated program for minority business enterprise in Maryland has been established to facilitate business growth and help furnish minority-owned companies with important attributes such as insurance. Only three other states have done so.
Insurance for MBEs
One of the perks of running a minority business enterprise in Maryland is that you will have some assistance in acquiring insurance benefits for your employees. Health insurance and similar benefits are among the most important factors leading to satisfied employees. By participating in an MBE insurance program, you will be able to devote more attention to actually running your business rather than trying to arrange insurance benefits for employees.
As an insurance agent, you work in a highly competitive industry and are required to take a unique approach to improving your agency’s online presence. This is primarily accomplished through insurance search engine marketing. While this avenue may seem somewhat limiting at first, it is a process that could pay off in high conversion rates moving forward.
Optimizing your site for local searches
Using the right keywords for improving rankings is very important, but the obvious keyword phrases, for example, “health insurance in Southern California” will result in the major providers ranking highest, while smaller companies are relegated to the back pages.
These sites show up on page one because they have more high-quality links, more content, and more social media mentions than the average agency can possibly compete with.
You will probably find that you’ll have more success focusing on the city where your office is actually located. By optimizing your website for the people searching for insurance in your area you may draw a lot of local attention to your website. The reality is that a person living a few miles from your office is more likely to purchase insurance through your agency than someone living much farther away.
Use of long tail keywords can help to attract more traffic
This is the area where having a blog plays a significant role in the search engine optimization (SEO) strategy. Your agency can use blogs to publish articles that target less competitive long tail keywords with a statewide focus. Using long tail keyword phrases will help your SEO efforts by increasing your reach and giving your customers articles and information that answer specific questions they might have.
Another important factor is links. Google ranks websites with lots of connections (or “links”) higher in search than businesses with only a few. Increasing the number of links to your site will enable your insurance search engine marketing strategy to rank higher in many competitive keyword searches.
photo credit: osipovva cc
It’s an unfortunate fact that errors and omissions in preparing tax returns can and do happen. A Certified Public Accountant (CPA) might erroneously enter a number incorrectly, misinterpret a law, or make any number of unintentional mistakes. When an IRS audit occurs, as is likely the case, the CPA might discover the mistake, and will have to own their error. Any litigation will likely require CPA professional liability insurance to absorb the costs for defense.
The client will obviously be upset over the matter, but just how upset? In some cases, the client might merely need to file an amended tax return. But if the problem is bigger than that, and can’t be so easily rectified, the accountant may be sued for negligence. If so, acknowledging that malpractice has been committed can truly damage the CPA’s reputation, but the financial damage should be an even greater concern.
Mistakes and the CPA’S ethical obligations
If the tax preparer recognizes a mistake he or she has made and calls it to their client’s attention, things could possibly be smoothed over by persuading the client to submit an amended return. In many instances the accountant is better off preparing the amended return on behalf of their client, sending it to the client explaining the situation and the reason for the amendment, and suggest that by doing so everything should work out to the satisfaction of the IRS.
Hopefully the client understands that this is in their best interest and files it. In some cases, however, the mistake may involve more intricate accounting, which might complicate matters, and the taxpayer (client) must request permission from the IRS National Office to make such a change.
CPA’s and other preparers have an ethical duty with respect to any errors and omissions resulting from the work they submit. Some mistakes are larger than others and therefore have a much greater impact on their clients. This can result in the potential for malpractice damages exposure and the necessity for possible legal defenses.
Taxpayers have a legal duty within any applicable statute of limitations to pay the correct tax upon discovering an error or omission involving an understatement of income or an overstatement of deductions. A taxpayer should file an amended tax return and pay any tax due, and accountants should carry CPA professional liability insurance to aid them when they make costly errors on tax preparations.