I was watching the local news the other night as I normally do after work. There was this story, a real tragic happening (I’ll spare the details), that involved several police officers. The b-roll contained several shots of the officers doing investigative work, and in the background, I couldn’t help but notice the police cruisers. […]

A named insured is an important term in insurance, representing the policyholder who is being covered by an insurance policy. In this blog, as part of our ongoing Certificates of Insurance 101 blog series, we’ll be discussing the differences between a named insured, an additional named insured, and an additional insured. What Is An Insurance […]

Everywhere you look, the signs all point the same direction: there are harder times coming. Depending on your source, the recession is coming or the recession is already here, but the evidence is already clear. Businesses, so many businesses, that were hiring new employees across 2021 and early 2022 have been laying them off in […]

What Is A Surety Bond? A surety bond is a financial tool that is used to guarantee the performance of an individual or business under specific circumstances. A surety bond functions as collateral, which can be forfeited if the individual or business does not fulfill its obligations as outlined in their contract and cannot be […]

Data privacy concerns have been bubbling up under the surface for years now. With the House of Representatives having taken up legislation on the issue, privacy will be at the forefront of industry leaders’ minds moving into 2023. What could all this mean for the insurance sector? Let’s talk about that. Proactively Managing Your Data […]

It’s no surprise that inflation is getting its dirty little fingers into everything these days. Chip shortages, supply chain issues, OPEC…the list goes on and on. With a global economy comes global issues, and right now, it’s pretty painful. Even groceries now cost more than a short time ago. So how is inflation hitting workers’ […]

Manually processing your company’s certificates of insurance (COIs) can take a lot of time, especially if your company hires a large volume of subcontractors or other third parties. Using a certificate of liability insurance form example as a guide can reduce your review time. By having a template to work off, you can spot inaccuracies […]

Experience usually equates as a good thing, right? Well, yeah, most of the time, but when it comes to your workers’ comp Experience Modification Rate, or EMR, it’s a pretty bad thing that can cost you. So let’s get a basic understanding of what it is, why it matters, and what you can do to […]

Let me set the stage: you landed the account. Ducks are lining up in rows. Deposits are in, subcontractors are contracted, and certificates are in hand. Things look ready to break ground. GREAT! How closely have you looked at your subcontractors’ certificates of insurance, or COIs? You could be in for a rude awakening if […]

Valid, compliant certificates of insurance are the primary tools companies can use to control risk, especially if they hire third parties such as subcontractors. One of the common certificate of insurance (COI), is called a general liability insurance certificate or a certificate of liability insurance, confirms the liability insurance coverage of the named insured. Companies […]