Potential Costs of Forgoing Errors & Omissions Insurance

Many professionals question whether they should take out Errors & Omissions insurance or simply save money in the short run by avoiding the E&O insurance cost. Although the initial savings may be tempting, it’s crucial for professionals to understand the costs that people who lack E&O insurance coverage may face.   Investigation and Defense   If even one claim of […]

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Reasons for Increased Liability Insurance for Charter Schools

Public schools are required to carry liability insurance that meets government specifications and carries certain limitations. Insurance for charter schools must meet similar guidelines. However, there may be reasons for institutions of alternative education to consider higher coverage.   First of all, many charter schools offer innovative teaching techniques or target specific learning needs. These differences may provide more exposure […]

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Three Easy Ways to Lower Personal Tri-State Insurance Premiums

Most people living in Pennsylvania, New York, and New Jersey would love to save on their personal tri-state insurance without sacrificing necessary coverage. Many people don’t realize that saving money on insurance can be simple. The following three steps can lead to appreciable savings without raising personal exposure or expenses.   1. Consolidate Policies   Insurance companies offer discounts to […]

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Actions that Can Lead to Liability Claims against Architectural Firms

Many types of claims are covered by architects & engineers professional liability insurance, some of which can be surprising.   For example, despite what many young architects might think, they are not immune to liability claims for negligence relating to contractors and other workers on a project.   They can also be sued for inaccurate cost estimates or long delays. […]

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Learn About Various Kinds Of Construction Insurance

Construction insurance indemnifies companies and construction business homeowners against any robbery, reduction, or harm to supplies, the building site, or tools, and from 3rd party payment litigations. As building sites are susceptible to harm, office incidents, robberies, and incidents to employees, construction insurance supplies a thorough protection against numerous construction industry-related issues. Construction insurance has a selection of construction-related insurance deals to protect numerous deals […]

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Applying for CPA Professional Liability Insurance

CPA professional liability insurance is essential for individually practicing attorneys and large firms alike. These policies protect attorneys against legal suits brought against them because of damages caused by errors committed through the course of their work. Because these errors have the potential to be far-reaching and have grave consequences for their clients, liability suits can often be very costly […]

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Experience Matters When It Comes to PEO Insurance

Companies in the Professional Employer Organization industry have unique exposures, which means that those companies will need unique insurance policies to protect them and their employees. PEO insurance is a specialized type of insurance that should only be secured from insurance providers that have a wealth of knowledge and experience working with PEO companies.   Direct Working Relationship   You […]

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Streamlining Vendor Management

Rating engine insurance

  Any business that relies on vendors to distribute their product know just how important those vendors are to the company. Ensuring a quality performance from these vendors can secure the success of the company and create a trustworthy system. One excellent way to do this is to take advantage of vendor management services. This valuable resource is growing more […]

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What is a Rent a Captive?

If there is one expense that many companies tend to struggle with, it is funding insurance. Insurance is a necessity for many businesses, especially for managing risks. When a business chooses to go with a commercial insurance company for insuring assets and risks, large parts of the cost goes toward the insurance company’s profits. A solution for this is captive […]

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