Employment Practices Liability Insurance (EPLI) protects businesses against claims of wrongful employment practices such as discrimination, harassment, wrongful termination, or retaliation from employees or former employees. In today’s litigious environment, EPLI is essential for businesses of all sizes to safeguard their reputation, finances, and operations. It covers legal expenses, settlements, and judgments, helping companies to navigate complex employment-related claims and mitigate financial risks. Assessing Your Business Needs When assessing the need for EPLI for your business, consider ..read more

Business growth is a goal that drives entrepreneurs and business owners to new heights of success. While growth brings new opportunities, it comes with risks. Reviewing and renewing insurance policies is imperative as businesses expand their horizons. Renewing policies ensures protection aligns with evolving needs, empowering enterprises to pursue their ambitions confidently while safeguarding against potential setbacks and liabilities. Consult with an Insurance Agent Consulting with an insurance agent during renewal is a crucial first step. Their expertise enables a comprehensive understandin ..read more

Since the early 2000s, social media has grown from a trend in which only college kids participated into a vital communication channel for society. Today, social media is essential for small businesses to connect with customers and promote their brands. However, social media has risks such as negative reviews, data breaches, or damage to business reputation. Safeguard your business by implementing clear social media policies, training employees on proper usage, and regularly monitoring online activity. Vigilance and proactive management can help mitigate risks and ensure your business thrives ..read more

On June 17, 2021, President Biden signed into law a bill that officially recognizes Juneteenth as a federal holiday. Juneteenth is a day of great historical significance in the United States as it marks the end of slavery. The commemoration of this day should encourage us to reflect on the past and strive for a future where equality and fairness prevail, and all forms of injustice are eradicated. Historical Background of Juneteenth On June 19, 1865, Union soldiers arrived in Galveston, Texas, and made an announcement that marked the end of slavery two years after the Emancipation Proclamation ..read more

National Safety Month in June serves as a crucial reminder of the importance of safety in every facet of our lives. The significance of safety plays a significant role in the place where most of us spend most of our week: the workplace. Business owners should prioritize safety as it directly impacts employee well-being, productivity, and overall success. Ensuring a safe work environment reduces the risk of accidents, injuries, and costly legal threats while fostering a positive company culture built on trust and respect. By recognizing and actively promoting safety measures, businesses demons ..read more

June is Pride Month, a time of great significance for LGBTQ+ communities worldwide. This celebration is more than just a commemoration of LGBTQ+ history, struggles, and achievements; it is a time to remember the tireless efforts of activists and allies who have fought for equal rights and acceptance for all.  Through parades, festivals, and other events, Pride Month is a powerful reminder of the ongoing work that still needs to be done to ensure that the LGBTQ+ community is fully recognized and respected. Origins of Pride Month  Pride Month traces its roots back to the Stonewall riot ..read more

If you run a small business, you probably have insurance to protect your money. You might have insurance for your building or your employees if they get hurt. But what about cyber insurance? Most small business owners worry about cyber fraud, but not many have cyber insurance. This is a big deal because ransomware attacks, where hackers hold your data hostage, have gone up a lot. Last year, the average demand for ransom money nearly tripled, from $450,000 to $1.2 million. So, it's a good idea to think about getting cyber insurance to keep your business safe. Before diving deep into the articl ..read more

Employee theft is a major issue that many business owners must unfortunately confront, damaging employer-employee trust and creating an intolerable financial burden on operations. Taking proactive measures to prevent and address instances of theft is crucial to protecting the business community. On average, workplace theft results in a staggering $50 billion in losses each year. The Alarming Scope of Employee Theft The growing prevalence of employee theft is very concerning. Twenty-five percent of businesses have reported losses exceeding $1 million due to employee theft. Statistics also reve ..read more

The contributions of the Asian American and Pacific Islander communities to our growing culture and society are invaluable. Recognizing their contributions, we celebrate May as Asian American Pacific Islander (AAPI) Heritage Month. We respect the importance of honoring the cultural heritage and achievements of Asian Americans and Pacific Islanders in the United States. The History of AAPI Heritage Month In 1978, Congress passed a joint resolution that established May as Asian American Pacific Islander Heritage Month to recognize the impact that people of Asian and Pacific Islander descent hav ..read more

Running a business comes with many risks, from property damage to legal liabilities. While some business owners may see insurance as an unnecessary expense, the cost of failing to have adequate coverage can far outweigh the premiums paid. It is essential to understand the potential consequences of operating without business insurance. Financial Losses from Property Damage Property damage can occur unexpectedly due to natural disasters, accidents, or vandalism. Without insurance coverage, the financial burden of repairing or replacing damaged property falls entirely on the business owner. Cons ..read more