Floods in Texas are as sure as grazing longhorns and Friday night football games. Except floods are unwelcome and often cause major financial and property damage. Texas private flood insurance is the tool all homeowners need to protect their assets and to give peace of mind. Flood insurance is not a luxury when all you own is on the line. When You Least Expect It The flood that changes your life...
The laws that govern the seas and waterways are often different from those that govern businesses in the United States that are land-based. For maritime operations, there are requirements for insurance coverage that apply when vessels are out to see or when in port, and these are designed to address maritime liability concerns in the following areas: Boatbuilding Boat repair Commercial vessel...
Many states have automotive laws that require all licensed drivers to carry a minimum amount of liability coverage against any damages an accident may cause to another vehicle or passenger. The same protection is what drive homeowners to purchase homeowner’s insurance. Regardless of the type of coverage, you will be selecting from first party coverage or third party coverage. What You Need to...
Sometimes traditional insurance policies don’t always support additional risks. In these instances, using an alternative risk transfer (ART) solution may be more effective. When you enact products within the ART market, companies can purchase coverage and transfer risk without using commercial insurance. If your organization bears any risk not covered by a traditional policy, ART may provide...
Many businesses make use of vehicles for daily operations, where it is a service truck, a delivery van, sales rep car, or an employee heading out to pick up supplies. Though the experts at World Wide Specialty Programs recommend a comprehensive commercial auto policy, there are some situations that may not be covered in the event of an accident. Employee Use of Vehicles Not every business can...
Companies that routinely rely on heavy equipment like loaders or cranes are exposed to risks during their transportation and operations. The nature of these operations increases the likelihood that accidents or damage could to both operators, facilities, or other equipment. The Loss Replacing expensive equipment that constitutes the heart of the business operations can be a financial drain on the...
Consulting brings with it an opportunity to set your own salary and schedule. While the perks are fantastic, managing projects comes with its own set of problems. Here are three top challenges facing consultants in their consulting assignments. Problem Solving Many consultants are hired to solve problems through effective solutions. This can prove difficult depending on the client. In some cases,...
During the health crisis caused by the Coronavirus, it’s important for companies to be vigilant about their employees’ health. Here are some ways that you and your management team can help maintain a safe working environment in response to this global event. Provide Written Information If there are specific policies that you’d like for your personnel to follow, provide them with written...
If you decide to invest in farming, it is important that you first carry out an analysis of the risks you may encounter. The characteristic uncertainties in weather, harvests, prices, global markets, and government policies may make you reconsider venturing into agriculture. Here is further insight into the common risks the agricultural sector faces. Production Risk There are a lot of factors...
A precise telemarketing definition is difficult to settle on. One definition, as seen at https://www.neilsonmarketing.com, expands on the dictionary to include "creating relationships and engaging others." Whatever its exact meaning, telemarketing has become the practice of using communication technology to reach out to consumers. Using a telephone for sales is thought to have originated with...
