Supply Chain Disruption Lessons from Pandemic

Posted on: February 17th, 2021 by Leaders' Choice Staff No Comments

Besides the health and economic devastation that the COVID-19 pandemic has left in its wake, it has also caused supply chain disruptions that have affected a number of industries. The fallout for companies of all types illustrates the fragility of most businesses’ supply chains. The pandemic has left retailers with half-empty shelf space because product […]

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Struggling for Survival: Businesses That Went Thin on Insurance

Posted on: November 28th, 2019 by Leaders' Choice Staff No Comments

Imagine several small businesses located around the country. Each is well-established and profitable. Each of them bought business insurance – property, liability, automobile and workers’ compensation. They told their agents they wanted the lowest possible price for coverage, and the agents came through. But they didn’t also take their agents’ recommendations to purchase additional coverage. […]

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If Your Firm Is Sued for Discrimination, Act Fast to Check EEOC Complaint

Posted on: June 17th, 2019 by Leaders' Choice Staff No Comments

Employers that are hit with a discrimination complaint must act fast to compare the allegations in the lawsuit to the earlier complaint the worker filed to the Equal Employment Opportunity Commission. If the employer can find that the allegations in the complaint filed with the EEOC do not match those in the subsequent lawsuit filed […]

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How to Prepare for Possible PG&E Power Shutdowns

Posted on: May 28th, 2019 by Leaders' Choice Staff No Comments

PG&E has warned California residents and businesses that it may shut down the power grid for as long as five days for large portions of the state when there are high-wind conditions during the dry fire season. That’s because PG&E’s infrastructure was found to be the cause of several recent California wildfires. PG&E has sent […]

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Employee Embezzlement on the Rise – Are You Protected?

Posted on: January 31st, 2019 by Leaders' Choice Staff No Comments

A typical organization will lose an estimated 5% of its revenues every year due to fraud, according to a study by the Association of Certified Fraud Examiners. The median loss among organizations both large and small was $140,000 per occurrence, and more than 20% of embezzlement losses were more than $1 million, the association found. […]

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Does Business Interruption Insurance Cover Partial Shutdown?

Posted on: January 2nd, 2019 by Leaders' Choice Staff No Comments

What happens if your business suffers property damage or a supply chain disruption and is forced to stop operations either fully or partially? Will your insurance cover the work stoppage or slowdown? It is important to understand how your insurance can protect you from the resulting financial loss. In addition to potential recovery for property […]

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Why Your Firm May Need Professional Liability Coverage

Posted on: October 4th, 2018 by Leaders' Choice Staff No Comments

A majority of companies are leaving themselves exposed in one crucial area as they take on high-end professional services work. As more companies’ work is intangible, many firms are missing a critical element of protection for their professional services. Professional liability insurance in the past was mainly purchased by architects, accountants and lawyers, but with […]

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