Workplace Violence Insurance – What are the Costs? Today we’re going to focus on the costs of a workplace violence incident or event. Let’s start with the fact that not all workplace violence takes the form of an active shooter situation. There are varying degrees of violence that take place in the workplace environment. Bullying, fist fighting, … Read More
The news over the past several weeks has unfortunately featured too many stories about mass shootings, particularly at workplaces. Disgruntled employees or unhinged customers enter a workplace and start shooting. In most cases several lives are lost, others are physically injured and still more will face emotional scarring and trauma following the event. It’s a sad … Read More
In my previous videos on Reps & Warranties Insurance, I discussed how many mid-market M&A deals are done with R&W insurance to help smooth out negotiations and protect both the buyer and seller from potential breaches of the representations made in the purchase and sale agreement. Reps & Warranties Insurance for Small Firms is now … Read More
What is Severability in a D&O policy? When reviewing D&O quotes or policies you may see the term severability or full severability and wonder what does this means? So there are two forms of severability when it comes to D&O insurance. The first is known as the severability of the application. What this means is … Read More
Workers compensation insurance, which is mandated in most states when you have employees, is based or rated on your company’s payroll and is an auditable policy. In this post, we discuss the workers comp audit process and how to be compliant. At the beginning of the policy period the payrolls you estimate to be true … Read More
This is the first in a series of videos on reps and warranties insurance, which is a form of transactional liability insurance. Transactional insurance is a valuable tool in mergers and acquisitions to help buyers and sellers facility transactions and offset certain liabilities on an insurance company. What are reps and warranties? Representations and warranties are a section of a purchase and sale … Read More
Employment Practice Liability Insurance or EPLI for short is a form of management liability coverage intended to protect a company and its decision-makers from claims which arise from employees and third parties alleging wrongful employment acts. Commonly these wrongful employment acts are wrongful termination, discrimination, harassment, hostile work environment, failure to hire, failure to promote, … Read More
I get this question a lot from small business owners and I get it. You’re used to spending a certain amount on business insurance every year, and to increase that by, say, $2,500 or more to buy cyber insurance may be a big lift. So, let me take a minute and explain why most small … Read More
E&O Insurance– The Definition of Professional Services E&O or errors and omissions insurance, also known as professional liability, and in the medical world as malpractice insurance, is another one of those insurance policies that are not standardized and require a level of expertise to understand and interpret. The E&O policy is intended to … Read More
The Conduct Exclusion in D&O and E&O Policies. Today we’re going to look at the conduct or misconduct exclusion found in every D&O Director and Officers Liability and E&O – Errors and Omissions Liability Insurance policies. To start with, I’ve said many times that no two D&O or E&O policies are alike. Both are what we … Read More
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