Most employers are required to provide workers compensation insurance. Common sense might suggest shopping around for the best policy, but this strategy is not possible if you live or work in a monopolistic state. Here is a list of monopolistic states and the implications for employers doing business in one. Monopolistic States In some states,…
Employment practices liability insurance is essential for any business to have in order to protect against claims made by employees. This is especially true for smaller companies that may not have a defined structure of policies and training in place. Legal accusations related to EPLI have been increasing in recent years. Even if a claim…
Many businesses are looking to stay competitive in their market by lowering their operating costs, as any increase is often passed to the customer by way of price hikes. There are some expenses that shouldn’t be eliminated, such as business insurance, but there are options for reducing premium costs and keeping your coverage more affordable.…
All businesses must carry insurance coverage in case an employee is injured or sickened on the job. Larger companies often struggle to meet this requirement while keeping costs under control. Fortunately, insurance companies can help. There are options for New Jersey large account Workers’ Compensation plans that provide the needed coverage with flexible financial arrangements.…
If you are a small business owner that offers construction or artisan services, you are probably constantly looking for ways to keep your workers compensation rates low. Fortunately, there are some things you can do to keep your drywall workers comp rates in the reasonable range. Here are some suggestions. Train With drywall work, it…