Can Your Business Afford A $100,000+ Uninsured Expense?

Employment related lawsuits are on a roll!

Any size business could find itself defending employee allegations from one or more of these actions:

• Sexual Harassment      • Wrongful Termination

• Discrimination             • Emotional Distress

• Slander                      • Libel

• Breach of Contract       • Negligent Evaluation

•  Retaliation                  • Failure to Pay Wages

Employment related cases are generally tried before a jury and settlements are not limited to just lost wages.  Compensatory and punitive damage awards can be six to eight figure dollar amounts. Defense costs alone can exceed $100,000 and this would be disastrous for many a small business.

Double-check Your Liability Policy

Most general liability policies specifically exclude employment-related claims.  A Directors and Officers policy may offer limited coverage, but will probably not extend to the business entity or its employees.

Five Ways To Truly Differentiate Your Business

Have you ever wondered what best differentiates you from your

competitors?



Being different in a sea of sameness is hard to achieve. But don’t give up! Companies who have cracked the value code enjoy riches and a competitive advantage that keeps them ahead of the commodity-focused pack. Here are five key ingredients that will always differentiate you and your business to customers and soon-to-be customers.

Don’t Let Bad Safety Habits Take Hold On The Job.

Thirty percent (30%) of workplace injuries occur to people within the first year of employment at a new job.  New workers are more likely to develop patterns of unsafe behavior during the first few months that often last throughout their employment.  Solution: A Quality Safety Orientation Program. A thorough and consistently applied safety orientation will help prevent new workers from developing bad work habits, provide a safer workplace for all employees, enhance production and aid with controlling workers’ compensation costs. 

New Employees – Don’t Assume That They Know; Train Them Right With A Safety Orientation period.

FRAUD COSTING YOU BIG TIME? You betcha!

Insurance fraud is among the most costly white collar crimes in America. Insurance scams cost consumers over $80 billion a year in the U.S. This is equivalent to an extra tax of $700 per family per year. The Golden State of California accounts for 19% of this total. ($15 billion).

The term “fraud” is defined as follows:

·        A deception deliberately  practiced in order to secure unfair/unlawful gain

·        One that defrauds; a cheat

·        One who assumes a false pose; an impostor

·        A piece of trickery; a trick

Because of the extra expense caused by insurance fraud, insurance companies and state agencies allocate a lot of resources to identify those committing fraud and prosecuting them to the fullest extent of the law.