Understanding the Fine Line When faced with loss recommendations following an insurance claim, the instinct might be to simply switch carriers. After all, it can feel like a punitive measure. However, there’s more to the story than meets the eye.…
New Jersey Tightens Commercial Auto Insurance Laws New Regulations Bring Higher Coverage Requirements New Jersey businesses operating commercial vehicles are facing a significant change in insurance requirements. The law goes into effect on July 1, 2024. All new commercial policies issued on or after…
Selective Subcontractor Agreements: Streamlining Projects While Mitigating Risk The construction industry relies heavily on collaboration between general contractors and subcontractors. While standard subcontract agreements lay the groundwork for these collaborations, some general contractors might utilize “selective subcontractor agreements” for more…
Why Owning Your Business Doesn’t Mean Skipping Workers’ Comp: A Guide to Verification The freedom and flexibility of being your own boss are undeniable perks of small business ownership. But with that freedom comes responsibility, especially when it comes to…
Scratches, Dents, and Dings: A Guide to Physical Damage Inspections Our cars are valuable possessions, and keeping them in top shape is essential. Whether you’ve been involved in an accident, are purchasing a used car, or simply want to track…
Safeguard Your Small Business with Utica First Business Risk Protection Running a small business is an exciting endeavor, but it also comes with inherent risks. Utica First Business Risk Protection (BRP) steps in to empower you to mitigate those risks…
Spectral Coverage: Understanding Ghost Workers’ Compensation Policies Workers’ compensation insurance protects employees in the event of a work-related injury or illness. But what about business owners who are the only ones working for themselves? This is where the concept of…
Here’s how it works: Scenario: You’re installing custom-made cabinets in a client’s kitchen. Unfortunately, during the delivery, the truck encounters a pothole, and one of the cabinets gets damaged beyond repair. Remember that beautiful granite countertop job you did for…
Demystifying the Numbers: A Guide to Finding Your Tax ID Tax season can be a whirlwind of forms, deadlines, and, of course, identification numbers. Whether you’re an individual or a business owner, knowing where to find your tax ID is…
Don’t Get Blindsided: Understanding Loss Runs for Smoother Business Insurance Running a business involves managing risks, and having the right insurance is crucial. But how do you know if your current coverage is adequate? That’s where loss runs come in.…