3 Reasons to Get Veterinary Malpractice Insurance

While medical malpractice is a known quantity, veterinary facilities may not be as aware that they too can be subject to malpractice suits. To protect your business from these potentially damaging costs, animal hospitals, clinics and doctors should look into veterinary malpractice insurance.

Rising Legal Costs

While at one time the damages won in most veterinary malpractice suits rarely exceeded the estimated value of the animal in question, these lawsuits now settle for substantially more money. In the 1990’s the average damages were from $5,000 to $10,000, and they have since risen even more.

Emotional Fallout

Because of the close bonds owners feel with their pets, they may be more likely to sue on emotional grounds should their pet die in a veterinarian’s care. Though these malpractice suits often won’t win, they still incur legal charges.

Specialized Insurance Plans

Most veterinarians already have basic business insurance, as required by law in most states. However, these policies may not cover specific incidents of malpractice. Investing in a dedicated veterinary malpractice insurance program gives access to adjusters and lawyers with experience in veterinary medicine, who can offer a plan tailored to the particular business, whether a city vet clinic or a livestock veterinarian.

No matter how skilled or caring a professional you may be, you are still open to lawsuits. For all these reasons, veterinarians should invest in malpractice insurance.

Commercial General Liability Insurance in Florida

Florida has the fourth largest economy of America’s 50 states and companies are flourishing. General liability (GL) coverage is a staple for most businesses operating in the US. Commercial general liability insurance in Florida, (also called business liability insurance) protects your Florida enterprise from a financial loss as a result of claims of injury or damage caused to others by you or your employees.

If you currently own a small business in the Sunshine State, being properly insured is how you protect your business, along with your personal assets, from legal claims and settlements that could quite easily spell financial ruin. Whether you’re doing business in Miami, Tampa, Jacksonville, St. Augustine or anywhere else in the State, having sufficient general liability insurance is an important part of your small business plan.

The types of protection a GL policy provides

This type of insurance is often bundled with other insurance policies and this ensures that you’re provided coverage in a variety of areas. The upside of this is that this may also reduce premiums.

This coverage generally falls into one of four categories: bodily injury, property damage, personal injury, or advertising injury. It’s important to note that libel and slander fall under personal injury.

  1. Bodily injury – physical damage to a person other than an employee at your place of business and injuries caused by you or an employee at a client’s home or work place.
  2. Property Damage – damage caused by you or an employee to someone else’s property.
  3. Personal Injury – libel, slander, copyright infringement, invasion of property or privacy, wrongful eviction, false arrest and similar acts that cause damage to a person’s reputation or rights.
  4. Advertising Injury – losses caused by your advertising

It also covers your business for legal defense and judgments, including defense against frivolous suits and pays for judgments up to the limit of your coverage. (Note: this generally does not include punitive damages for negligence or willful misconduct). Although it is hard to predict whether your business will ever need to use your commercial general liability insurance in Florida, it is critical that you insure against such risks.

Establishing Your Agency Insurance Marketing Plan

As everyone associated with the insurance industry can tell you, there are many reasons to focus on online Agency Insurance Marketing. For one, consumers have come to rely and demand more on the Internet for every type of product and service, and use the web to get the majority of their information about products and services before they actually buy anything, including insurance.

One of the great things about digital marketing is that it’s easier to monitor your online marketing campaigns and determine the rate of success. One of the main reasons to use online marketing is that it’s often more cost effective than many of the traditional offline marketing tactics that have been in use for years, like print advertising or direct mail.

Create a marketing budget that identifies just how much you’re willing to spend on updating your website (this should include maintenance and content updates), search engine optimization, email marketing and social media.

Pinpointing your target audience

What is it that makes your agency different from the rest? Can you name 3 reasons why someone should choose your agency over the competition? Perhaps you view your agency as more professional, but is this how current customers view your agency?

Answering these questions will help you to better identify your brand which will help direct you in your marketing efforts, including how your website looks and what you share on social media. Once your brand is established, all you need to worry about regarding your brand is being consistent and sticking to your brand values.

One of the most important aspects of any marketing campaign is realizing exactly who your audience is. One of the better approaches is to target a specific geographic area. You need to know precisely what niche you are trying to capture. For example, does this area have new families or retirees, and are there a lot of homeowners, or are the residents primarily renters?

As part of your Agency Insurance Marketing plan use social media wisely, as it’s a great way to establish that you’re an insurance expert as well as help build relationships. Remember that blog posts are great content to share on social media pages.

Construction Manager at Risk Pertaining to Design Professionals

More often these days design professionals are offering construction management in their list of job titles. Still, determining professional and contractor liabilities associated with these ever-evolving services tends to be somewhat difficult. At the end of the day, issues related to the job falls upon these professionals and place the construction manager at risk. When dealing with general types of construction management, as a broker you must look at the risks involved and help your clients find better ways of managing those risks.

Advisors and Constructors face similar risks

The CM advisor approach is more suited to public-sector projects that involve multiple prime contractors or where competitive bidding is required. As a CM advisor, a design professional generally serves as an advisor to the owner throughout the course of the project. His or her duty includes providing pre-construction services such as estimating, scheduling and constructability reviews. In addition they must coordinate the work of one general contractor or several prime contractors.

The CM constructor typically works for the owner and alongside the prime design professional and is responsible for tasks of management as well as construction, and includes safety on the jobsite. The CM constructor assumes the same warranties as the general contractor by taking responsibility for the entire construction project, from permits, to bids, and right through to the punch list. The CM holds all subcontracts for construction as well.

Keep in mind that many (although not all) jurisdictions require a contractor’s license for anyone who performs the duties of a contractor. Performing any service without a required license is a violation of statute subject to sanctions.

Fortunately most professional liability (PL) policies will cover claims arising from the professional services a design professional renders as a construction manager. However, most PL policies don’t cover certain aspects of the construction risk (i.e., faulty workmanship fabrication, erection, installation, assembly or the supplying of products and materials). In addition, there is no coverage available for the economic risk of providing a guaranteed maximum price, as is often done by CM constructors.

Several areas of liability occur putting a construction manager at risk when providing CM services. The degree to which your client may assume these risks depends on their role and their responsibilities as stated in the contract.

Companies That Make Products Need Product Liability Protection

In today’s litigation-oriented marketplace, when a manufacturer’s tangible goods go bad (in the sense that they cause injury or damage), the results can have far-reaching implications for the company, from massive costs for defend against or pay claims, repair or replacement of the product, to business interruption, slowdown of future sales and loss of public credibility, reputation and goodwill, and more. When dealing with the substantial and myriad risks associated with a discovered defect in manufacturing, design, or marketing (in a failure to warn the user of a present danger), product liability cover is essential in protecting the financial health of the company.

Where do the claims stem from?

In most cases, lawsuits that are brought in this area are based on claims of negligence, strict liability (in which the manufacturer is held liable for a defective product even though no negligence occurred in the actual manufacture), breach of warranty, or on a consumer protection basis; each type of claim has different elements of proof to result in a successful day in court.

As part of the general liability policy when added, the coverage offers protection for your business from claims or lawsuits arising from the manufacture or sale of a faulty product which results in bodily injury or property damage to others, due to a defect or malfunction of the product. Should you be found liable, the coverage pays for legal fees, court costs and punitive or compensatory damages that you would otherwise have to pay out of your own pocket. Depending on the type of items your company produces (such as potentially hazardous items like drugs or insecticides), the coverage may need to be purchased separately from a specialty provider.

Don’t let a claim put you out of business

Whatever you manufacture, it’s important to also make a good call in selecting a professional insurance agent who specializes in this industry, as he or she will have specific knowledge (for example, understanding of risks that are not protected under certain coverages in the event your products that you export for use in foreign countries) and experience that will be effective in ensuring you have the right mix of coverage you need to ensure your risks are appropriately mitigated. Call an agent today to learn more about this important protection.

Safety, Cleanliness, and Tavern Insurance

You started a bar or tavern, perhaps in your old neighborhood, because you wanted a friendly spot for friends and neighbors to congregate. What you might not have fully expected was all that goes into running a successful business. Aside from normal day-to-day operations, bar owners are responsible for the safety of their customers along with their employees.

This is an industry that is fraught with risks, ranging from slips and falls, to food contamination and security concerns. This can seem like quite a daunting task, and for good reason. Safety issues should be a priority, and tavern insurance needs to be in place to help deal with unsavory legal situations.

Safety and cleanliness should be your top priorities

It’s not surprising that some important measures can easily get overlooked, especially when it gets extremely busy, but this should never come at the expense of many of the larger safety issues. Anticipate that at times you could be experiencing rather large crowds, especially on weekends and holidays, and inform your staff about their responsibilities for preventing accidents when the place gets rocking.

Have staff follow specific procedures

Have employees use a proper ice scoop to fill glasses with ice and resist the temptation to go barehanded into the ice bin. Preferably you should provide plastic or stainless steel utensils because glass ones may accidentally crack and shatter into the icebox. For sanitary reasons, keep the ice scoop in a clean, protected location (and not in the ice box itself) and have them rinse it off prior to using it.

If serving food, instruct them to close garnish trays when they’re not in use to prevent cross-contamination from occurring. Avoid spreading germs by having bartenders remove and place garnishes using a toothpick or tongs.

The task of handling trash

By the end of the night, trash bins tend to fill up with empty broken bottles and leftover liquids, which may bring up safety concerns when a worker has to dump them out. Always use thick garbage bags (or double bag trashcans) to help prevent leakage and glass shards from jutting through and creating cuts and wounds. Provide workers with thick work gloves and advise them not to carry bags against their chest, or to avoid running while carrying full, heavy trash bags.

Your job is to provide a fun and safe atmosphere in and around your establishment, and tavern insurance should be in place to help you handle any sticky situations.

3 Things You Need to Know About SEO for Insurance

Search Engine Optimization, or SEO, is a highly nuanced, ever-changing way of using strategic content to achieve better organic search engine rankings. SEO is an important concept for every business to understand and incorporate into their marketing strategy. Here are three important things to understand about SEO for insurance.

  1. You Need an SEO Strategy – There is no way around it. Without a good SEO strategy, you are missing out on the opportunity to get in front of hundreds of possible customers. Most people turn to search engines to research products and services before making purchasing decisions. If your business does not show up on the first few pages of results, you may not even be considered.
  2. Quality SEO Content is an Art – It is no longer enough to simply stuff content full of keywords that you believe are relevant to your business. With advancements in search engine technology, search engines are getting smarter and can weed out companies that engage in keyword stuffing.
  3. Hire a Professional for Best Results – The SEO content you put on your website needs to be not only useful, high-quality and engaging, but also strategic. For the best content and results, hire a company that specializes in SEO for insurance to supply you with ample, SEO-optimized material.

SEO is not easy, but it is vital to the success of your business. If you want to start ranking higher in search engines and bringing in more customers, find professionals with experience in SEO for insurance to help you create an SEO strategy.

Factors to Consider When Outsourcing Your Human Resources

If you have made the decision to do HR outsourcing in Florida, it is prudent to work with a brokerage firm to insure that all of the intricate factors involved with human resources are covered to fit the needs of your business. While you focus on the core operations, the PEO, or professional employer organization will conduct the necessary HR functions. A broker can assist with the selection process to insure you get a proper match for your particular business needs.

Services of PEOs

For your HR outsourcing in Florida, there are many more available services besides screening job applicants that could be advantageous to your business. These could include:

  • Employee benefits administration
  • Payroll needs
  • Workers comp insurance and risk management
  • Compliance with local laws and federal regulations, among other services

Selection Decisions

Making an informed choice for your PEO is necessary to best serve your business. This could be based on:

  • Expertise of the PEO
  • Insurance benefits
  • Cost
  • Levels of service

Work with a brokerage firm that is familiar with the qualities of available PEOs to determine the right one for your business needs. HR outsourcing in Florida can be quite complicated, but consulting with an experienced and top-notch firm will serve your business well.

Policy Options and Bop Policies in Atlanta

Every business owner needs to ponder the question, ‘Exactly what insurance policies do I need and how much coverage is adequate for my company?” The options available are many and these questions may have more than one correct answer. On the positive side, you don’t have to purchase every policy separately. The business owners policies (bop polices) in Atlanta are geared to helping small to mid sized businesses handle some of their most important insurance needs.

How does a BOP policy work?

As most business owners are aware, bop policies in Atlanta can help protect your company in the event of property damage, business interruption, or any legal issues that may arise. The policies are bundled and therefore provide multiple policies at a discounted price.

Property coverage

A standard BOP policy equipped with property coverage helps protect against a specific list of perils, such as fire, wind, hail, water damage, and vandalism. You’re probably better off insuring for “replacement value” rather than “actual value.” This will help you avoid having to come up with additional money in order to get the business back up and running.

The premiums will be a bit higher, but the extra expense may well pay for itself, especially if it means getting back to work in a matter of days rather than weeks or months. You may even be able to offset the extra expense by reducing certain types of risks to help lower your premiums.

Liability coverage

This coverage is vital if, for example, someone were to become injured while on your premises, by your employees, or due to one of your products. It can be used to pay medical costs for the injured parties or to defend against liability claims, even if a claim is unfounded. Liability coverage also helps protect against claims of slander or libel.

Business interruption coverage

If your business operations cease because of a disaster this coverage will help to replace the lost income and expenses related to operating from a temporary location, and keep payroll intact. There are many risks and exposures related to running a business and bop policies in Atlanta are just one way to offset these concerns.

Safety Training and Staffing Agency Insurance

Staffing firms need healthy employees in order to facilitate the needs of their clients. Managers and employees benefit greatly from a workplace that has fewer hazards, which in turn reduces the number of worker injuries, illnesses, and fatalities. They also need staffing agency insurance to aid workers who fall victim to illness or injury. Promoting and ensuring employee safety and their well being is the responsibility of every staffing firm.

In return, they receive the benefits of improved worker satisfaction, higher productivity in the work force, as well as collaboration, recruitment, and retention, areas that will all increase dramatically when employers promote and ensure safer and healthier work environments.

Safety equals productivity

Staffing agencies often hire individuals based on their level of skill in a particular field. When they have quality, and qualified temp workers they can help their clients fulfill their needs. These employers often have hard deadlines to meet, so safety needs to be a priority because, just having one person missing from the equation means certain deadlines may not be met.

Each employer should consider the hazards that currently exist that it is in a position to prevent and/or correct, and is also in a position to comply with OSHA standards. For example, staffing agencies that provide general safety and health training will have a lower percentage of work place incidents, and host employers that provide specific training tailored to their particular workplace equipment/hazards will also reduce risk and injuries.

OSHA chimes in

Occupational Safety & Health Administration (OSHA) has concerns that some employers may use temporary workers as a way to avoid meeting all of their compliance obligations under the OSH Act and other worker protection laws. They also have concerns that temporary workers get placed in a variety of jobs, including some of the more hazardous jobs.

They go on to say that temporary workers are often not given adequate safety and health training or explanations of their duties by either the temporary staffing agency or the host employer. Therefore, it is essential that both employers comply with all relevant OSHA requirements.

This is best accomplished through the establishment, and implementation, of employee safety best practices. By fostering a workplace culture that increases employer and worker awareness of safety procedures, staffing firms further demonstrate their commitment to maintaining a high quality work environment, and staffing agency insurance is a key component in administering care to injured and ill workers.