Revisiting Law In NY On Workers Comp Increase Notifications

Celebrating a Workers Comp Increase Notification Law's Impact on New York Businesses Big I New York is celebrating the sustained impact of a law enacted six years ago safeguarding the state's businesses. Former Governor Andrew M. Cuomo signed…
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5 Common Sources of D&O Liability Claims

In today’s business climate of corporate transparency and accountability, an organization’s officers and directors face a myriad of employment-related exposures. Regardless of your company’s size or mission, the legal costs associated…
Commercial Insurance

Common D&O Insurance Exclusions: What to Know

Insight for business owners and risk managers about D&O insurance exclusion — provided by Metropolitan Risk Advisory After assessing your company’s risks, you’ve made the decision to purchase directors and officers (D&O) insurance.…
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What does Directors and Officers Insurance Cover?

Directors and Officers insurance specifically provides insurance coverage for a "wrongful act,” such as an actual or alleged error, omission, misleading statement, neglect or breach of duty. For example, A manufacturer told one of its…
Best Practices for managing your commercial insurance renewal strategy

What Does a Standard D&O Policy Contain?

What does a standard D&O policy have? A standard D&O policy has three insuring agreements, often referred to as sides A, B and C. These D&O insuring agreements specify the degree of coverage provided by a D&O policy and summarize…
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Do You Have Workers That Are Frequent Claim Filers?

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While the vast majority of workers comp claims are legitimate accidents from honest, hard-working employees eager to overcome their injury and get back to work. However, every so often an employee with ulterior, personal motives decides to beat…

What is Hired and Non-Owned Auto Insurance?

Non-Owned Automobile Liability If you do not own a car but frequently borrow other people’s cars, rent cars or use a car-sharing service, non-owner auto insurance offers you coverage if you cause an accident. Non-owned automobile…
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Workers Compensation Insurance for Leased Workers

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Many companies are increasingly turning to staffing agencies where they lease employees to meet their needs for a variety of reasons, including increased workloads and high employee turnover rates. Companies that use staffing agencies can save…