Business property coverage is getting more difficult to come by for operations located in areas that are susceptible to wildfires. The devastating wildfires of the last few years, along with the thousands of homes and businesses that have been burned or damaged due to these events, has resulted in insurers becoming more selective about the […]
A recent appeals decision denied coverage to a company on its directors and officers (D&O) liability insurance policies for taking too long to file the claim. In this case, the 5th U.S. Circuit Court of Appeals in New Orleans sided with an insurer that had denied a claim a company had made after being sued […]
California Gov. Gavin Newsom has signed legislation that will make it illegal for employers to discriminate against employees and job applicants based on their hairstyle if it is part of their racial makeup. The law, known as the CROWN Act (Create a Respectful and Open Workplace for Natural Hair), amends the state Education and Government […]
Companies in states that have legalized marijuana are wrestling with how to deal with employees that use, particularly if they did so the night before and are still feeling the effects the following day. A new survey found that one-third of business owners are not prepared for managing the effects of legalized marijuana in the […]
After R&B star SZA said she had security called on her while shopping at a Zefora store in California, the chain closed all of its U.S. stores for an hour to conduct “inclusion workshops” for its 16,000 employees. Zefora understood the swift backlash that can hit a company that has acted inappropriately towards a customer, […]
Many businesses that produce some type of pollutant throughout the course of daily business operations don’t know they are doing so. Others know they are producing pollutants and have processes and safeguards in place to reduce their release into the environment. A business can be held liable for some very costly damages when these byproducts […]
As the economy continues expanding, companies need to be careful about properly managing their risk, according to a report by Advisen Inc., an insurance research and data firm. Increased activity typically means proportionally additional losses. For example, more trucks driving more miles will inevitably result in more accidents. However, there are other kinds of risk […]
Some businesses have very stable property insurance needs as the value of their non-building assets, equipment and inventory doesn’t vary much during the year. Other types of business experience wide variations in the value of their property. Florists tend to carry more stock around Valentine’s Day and Mothers’ Day than they do on most days […]
As more employees use their personal mobile devices for work companies are being forced to confront the resulting security implications as well as how the devices are changing behaviors in the workplace. That’s according to a report by Littler Mendelson, an international law firm specializing in employment and labor law. The report highlights the dangers […]
Imagine it’s a typical July day. You own a 30,000-square-foot office building that is 85% occupied. And the air conditioning and ventilation systems stop working. The outside temperature is in the 90’s and the humidity is high. It doesn’t take long before the tenants start to complain. The contractor you summon determines that an electrical […]