liability

Dear David: My Temp Worker Got Hurt – Now What?

Dear David, Finding good employees is tough. We use different ways to meet our labor needs. Sometimes we borrow and other times we use a temp-agency. Negotiating these agreements makes me wonder–How should an injury to their worker be addressed in our insurance?  Dear “Employee,”  The insurance coverage depends on how the parties want bodily injury liability issues to flow through the relationship. The agreement will be one of the first documents an adjuster will request following an incident. Two primary fundamentals to understand. First, the injured worker in the pursuit of your business

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keyboard & pen

Selling & Creating Value Through Risk Management

Part 1: Insurance “need to know facts” when selling your restoration company. Over the past few years, I have seen a lot of change within the restoration industry and an influx of businesses selling. Curious as to why, my perspective is that many baby boomers are at that point in their career. With TPA’s continuing to pinch folks, as well as costs going up, margins have been decreasing. I have heard from many, “It’s not as good as it used to be.” Of course, no one likes change. With interest rates being near historical

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