A business doesn’t have to be in an accident-prone industry for accidents to happen, and when accidents happen on a business’s property, or while someone is acting on behalf of a business, the business is liable for any expenses that accrue. General liability insurance protects a company in the event of these business-related accidents. Typical expenses covered by general liability insurance include: Medical expenses in the event of on-site accidents involving employees or visitors, or off-property accidents involving employees, that result in injury Property damage that occurs on-site or is […]
Just as you would never drive in your personal automobile without proper auto insurance coverage, you should never let a company vehicle get on the road without proper commercial auto insurance coverage. While the commercial coverage is a little more complex than personal coverage, the importance to your business outweighs any potential confusion you get when selecting a policy. Why Get Coverage? Proper coverage for all company vehicles and employee drivers gives you peace of mind as a business owner. It means no worries about liability issues if an automobile […]
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 […]
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. […]
It’s that time of year again — the months we have to sift through financial records and government forms to file our federal and state tax returns. For many of us, a return is due from the IRS, while others will inevitably find that they owe money to Uncle Sam. Unfortunately, many people who choose to file their own taxes leave money on the table that could be theirs instead of the government’s. That is why it is highly suggested that California residents turn to a tax professional before filing […]
If you live in the Pasadena area and enjoy books, then the California International Antiquarian Book Fair is a local event that might interest you. For 2014, the event takes place at the Pasadena Convention Center, which is located at 300 East Green Streets. Dates for the event are Friday, February 7th through Sunday, February 9th. This is the 47th year for the book fair, which hosts over 200 booksellers. You can browse their collections and take a peek at rare books and manuscripts. If you see a book that […]
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