Liability Insurance for New Yorkers? Can We Help?

As New York business owners ourselves, we know how busy life can be in this city. New Yorkers consult us for a wide range of insurance needs, for in their personal and professional lives. We all live in a litigious culture and our insurance…

Don’t Believe These Two Myths About Directors’ & Officers’ Insurance (D&O Insurance)!

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Were you aware that you could be sued by a competitor for recruiting and hiring their employees? Lawsuits targeting board members and execs are becoming very common. This article was written to make sure that you do not believe these fairly common…

Focusing On Safety Makes Good Business Sense

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Workers’ compensation insurance is mandatory for New York employers. Purchasing New York workers compensation insurance may help to fulfill your legal obligations as an employer, but is there more you could do to keep your workforce safe and…

Home Based Business – Where Do I Start? Will I Need New York Workers Insurance?

Are you planning to start a home-based business in New York?  Before you launch your business it’s important to consider the insurance implications of working from your home, such as home insurance, business insurance and New York workers…

Preparing your Business for Possible Disasters

Preparation is the key to good risk management. NY weather patterns are changing and the unexpected is becoming more likely. It pays to allocate time specifically to implementing strategies to minimize business losses. The events of 9/11…

Workers Compensation Rates Heading Higher; AGAIN!!

Standard & Poor's the rating Agency that got so much so wrong during the financial meltdown may have gotten this one right, unfortunately. In their report just issued entitled "For The US Prop/Casualty Industry, Making Workers Compensation…

Record Keeping for Workers Compensation Audits

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As a business owner, you know that you may experience regular auditing – some audits you will initiate internally, to monitor your business progress. Others may be initiated by outside entities. The key to getting through an audit with the…

Failure to Comply with “Wage Theft Prevention Act” Can Yield Huge Fines

In case you haven’t heard, the “Wage Theft Prevention Act” took effect in April 2011. This means that by February 1 (of each year) employers will have to give a written notice of wage rates to all of their employees. This is in addition…

Monitoring your Business and the Local Environment for Risks

One vital aspect of running a business is being able to understand the risks you face. Once you have a handle on that, you are in a much better place to initiate strategies for risk management. NY is a big, busy city with a large population…