If your business operates on the waterfront, you probably don’t need to be told that there is a lot of money in making short-term watercraft rentals available to visitors. Some companies are built entirely around making a variety of rental options available for individuals and groups. For others, short-term rentals add an income stream to […]
With the passage of the 2018 Farm Bill, industrial hemp was cleared for widespread production in the United States. It is still tightly restricted, and businesses that produce hemp or derivative products must conform to stringent regulations. The right hemp insurance coverage can help minimize risks in this tightly controlled industry. Crop Insurance Any number […]
Instances of fiduciary litigation are increasing, as are related costs. Indeed, settlements in class action employee benefit suits rose from $291 million in 2018 to $449 million in 2019. Most of these lawsuits were related to purported contraventions of the ERISA law of 1974, which outlined the obligations of fiduciaries to employee benefit plan participants […]
If any of your nonprofit organization’s volunteer force’s duties involve driving, you should consider incorporating a driving training component into your volunteer orientation program. A comprehensive program can help ensure that your drivers stay safe on the roads. They may be learning valuable skills that will help them in all of their day-to-day driving, beyond […]
If you are a marina or yacht club owner, your docks and their related equipment are the lifeblood of your business. They are crucial to the services you offer your clients and their care and maintenance are important. Your docks receive a lot of wear and tear due to the harsh conditions to which they […]
Cannabis has seen a meteoric rise in popularity. From edibles to creams, people are reaching for cannabis products to increase their health and energy and ease symptoms form a wide range of afflictions. Cannabis product manufacturers face a special set of considerations that they must address to minimize their risk. Changing Regulations for Edibles Cannabis […]
Running a shipyard and dealing with boat repairs means having the right type of insurance coverage is necessary. This is to protect your company in case something happens to a boat or ship that is being stored or worked on. Learn more about how why having ship repairers liability is important for your business. Protecting […]
When a business purchases insurance, they are trading the unpredictable nature of potentially catastrophic losses for a more predictable expense, in the form of insurance premiums. However, insurance premiums can change due to claims filed, catastrophic events or rate increases, leaving some level of unpredictability for businesses to contend with. Captive insurance solutions can help […]
Although volunteering through travel is one of the most life-changing experiences that you can ever have, it’s worth knowing ahead of time what you’re getting yourself into. How can you prepare to travel across the world to help others? Check Out Training Courses What program are you traveling with? You might find it helpful to […]
As a business owner, extended reporting period (ERP) insurance may be a good fit if you’d like to continue coverage after a policy has expired. An ERP allows you to file claims, even if your policy has expired. Also known as tail coverage, ERP insurance can keep you protected in someone sues your policy has […]