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Grade Your Insurance Agent!

How well is your agent protecting your business? Every week we see shocked looks on people’s faces as we illustrate the numerous gaps we typically find in commercial insurance coverage. There are at least 3 major gaps in over 80% of the policies we review. Here’s what happened on the last few policies we reviewed: […]

Top 10 Reasons to Buy EPL Insurance

  Employment Practices Liability Insurance (EPLI) is a hot button issue in the insurance world these days. Dealing with things like harassment, wrongful termination, hostile workplaces, abuse at work, etc., employers are finding it harder and harder to comply with the multitude of federal employment laws while also meticulously controlling the workplace environment and psychically analyzing […]

How Pennsylvania Workers Compensation Rates REALLY Work

1.)   PA Workers Comp Bureau puts out a Base rate on each class of job called a “Lost Cost/LC” Example: The Electrical Wiring class in PA is class #661, the PA State Lost Cost rate is $3.43 per $100 of payroll 2.)  Then each carrier files with the state a “Lost Cost Multiplier/LCM” for […]

The REAL Dangers of Using Your Personal Auto in Business

In the course of our week we review many coverage contracts that business owners rely on to defend their assets against outside raiding parties. Picture a fortress with strong contract walls to protect your assets from some onetime event that could plunder those assets that just took you a lifetime to build. If you have […]