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19 February 2014 0 Comments Category: Article Archives

Is Insuring Company Directors and Officers a Good Idea?

Directors and Officers Liability Insurance (commonly known as D&O insurance) can save a company from financial ruin in the event of a lawsuit and/or other forms of legal action. D&O insurance covers various costs involved when a case is brought against the directors and officers of a company; these expenses include, but are not limited to, lawyer fees and monetary settlements. Companies that take out this form of insurance realize that its directors and officers are not perfect. It is all too common for a well meaning individual in a […]
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14 February 2014 0 Comments Category: Article Archives

What You Should Know About Individual Contractors and Workers Compensation Insurance

Hiring individual contractors has its advantages. It lowers a company’s operating costs while still providing the manpower a company needs for occasional projects and/or peak season demands. It enables a company to take on special projects without the need to hire and train a full-time employee. At the same time, a business owner should be aware of the insurance-related implications of hiring a contractor. California law clearly states that unlicensed contractors who engage in work that requires a license are considered (for insurance purposes) to be employees of the company. […]
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