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Avoid overly expensive clean-up costs with comprehensive insurance

Companies that have not experienced severe weather might not understand the importance of insurance policies that can account for damages that follow a storm. The cleanup process can be expensive and long-lasting, and without taking the right precautions, business owners might be stuck with the bill when it comes to making repairs.However, commercial insurance specialists can help organization heads find the right policies that meet the needs of their firm's location. Without commercial property insurance ...
February 26, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Contractors must account for numerous aspects of employee safety

How necessary is workers' compensation insurance? In many states, it is required for businesses to have some policy in place. While some companies may feel this is a superfluous protection, only meant for clumsy workers, there are far more issues at hand.For example, employees at U.S. Steel plants in Michigan and Indiana joined in a Fair Labor Standards Act (FLSA) lawsuit, claiming that time spent putting on and taking off safety equipment is time ...
February 25, 2013By InterWest Insurance Contractor Insurance Tag 0 Comment Read More »

Things to keep in mind if you're renting your business' space

The same way that individuals who lease an apartment are advised to invest in renters' insurance, business owners who rent their organization's location should follow suit. Criminals can rob a rented brick and mortar location just as easily as one that is paid for. Severe weather does not care if a store was bought by its owner or if they are paying on a monthly basis.Commercial insurance specialists can be of great assistance to ...
February 21, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Business owners need to keep themselves educated on workers' compensation laws

Employees are what make business possible for companies across all industries. Without workers, daily operations would be difficult for just managers or organization owners to complete.It is important for business leaders to keep this in mind when trying to put together a complete business plan. Workers want to be able to rest assured that when they are employed by a company that their present and futures are taken care of. This is where workers' ...
February 20, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Why do I need contractors general liability insurance?

It should come as no surprise to construction and contracting companies that risk is part of the job. Whether workers are performing a task high above the ground or are using dangerous machinery, it is important to take all necessary precautions to keep employees safe.However, it is crucial to not stop after implementing safety features like hard hats and protective work gloves. Business owners must guarantee not only the safety of their workers but ...
February 19, 2013By InterWest Insurance Contractor Insurance Tag 0 Comment Read More »

Florida issues 70 citations for workers' compensation violations

While workers' compensation varies from state-to-state, it is still crucial for companies across all industries to be aware of their location's requirements for the coverage. Otherwise, hefty fines or expensive legal fees could follow, should an employee bring a business to court.In Florida, investigators with the Department of Financial Services' Division of Workers' Compensation Bureau of Compliance and Division of Insurance Fraud randomly visited construction sites. The department saw 375 construction sites, contacting a ...
February 15, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Small business relief is slow, steady process following Sandy

This blog previously discussed how businesses of various sizes need to keep themselves prepared for the impact of severe weather. Hurricane Sandy proved to many owners that cleanup costs can be immense, and applying for a loan through the Small Business Administration (SBA) was a good option for many companies.When organizations are creating a business plan, ensuring that all aspects are accounted for and paperwork has been properly filed, it's important to not forget ...
February 14, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Sandy and Nemo are perfect examples for the necessity of commercial property insurance

East Coast businesses have had one curveball after another thrown at them over the last few months. First, Hurricane Sandy devastated residents and companies along the Eastern Seaboard. Then, just last weekend, Winter Storm Nemo dumped up to three feet of snow in some areas. Organizations across the nation should take note of the recovery process, to ensure that if Mother Nature makes her way to their location, they can not only weather the storm ...
February 13, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

With the rise of BYOD, businesses need to take precautions against data breaches

As businesses work toward integrating new systems and innovations into their daily operations, it is very easy to overlook creating precautions against security issues. However, with more companies using bring-your-own-device (BYOD) strategies, for example, the threats of data breaches are increasing.A comprehensive technology insurance policy can be beneficial for any organization. With sensitive information being stored on smartphones, tablets or laptops, companies run the risk of a security breach should an employee lose the ...
February 12, 2013By InterWest Insurance Business and IT Insurance Tag 0 Comment Read More »

Winter storm Nemo wreaks havoc for East Coast businesses

New England was battered last weekend by winter storm Nemo, with many areas receiving close to two feet of snow and thousands left without power through Monday morning. President Barack Obama declared States of Emergency for Connecticut, Massachusetts, New York and Rhode Island.While snow is often associated with winter for many areas, it's important for business owners to be aware of how Mother Nature can affect their daily operations. Repairs could take months, and companies across ...
February 11, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »