workers compensation insurance Archives

What Types of Insurance Do Storage Companies Need?

November 14, 2023 Guest Author

what insurance does storage companies want

Storage companies provide a valuable service to individuals and businesses alike, offering a safe and secure place to store belongings. However, like any business, storage companies are exposed to a variety of risks. From fires and floods to theft and vandalism, there are many things that can go wrong and damage the property stored in their facilities. That’s why it’s important for storage companies to have the right insurance in place. Insurance can help storage companies avoid losing money if something bad happens. By having the right insurance coverage, storage…

Protective insurance acquisition by Progressive closes

June 4, 2021June 3, 2021 Marc

The completion of the purchase has been announced for approximately $338 million. Progressive has announced that its $338 million acquisition of Protective Insurance Corporation is now complete. Protective is a workers’ compensation and trucking fleet insurer now owned by Progressive. The Protective Insurance acquisition was first announced in February. It involved a $23.30 per share cash buyout of Protective’s shareholders, without interest, for Class A and Class B common shares. That share price brought a 49.1 percent premium to Class A shareholders and a 63.2 percent premium to Class B…

A workplace safety plan reduces injury and workers compensation claims

March 13, 2021March 13, 2021 Guest Author

workers compensation insurance risks and how to keep premium down #insurancenews

The right site safety program will reduce the frequency and even the severity of injuries. It shouldn’t come as a surprise to hear that there is a direct and very powerful link between workplace safety plans and the occurrence of injuries and workers’ compensation claims. Keeping employees safe is both an ethically and financially sound strategy for companies. Making sure that workers are safe at on the job goes well beyond being the right thing to do. It also makes a substantial amount of financial sense, meaning that it benefits…

What Types of Business Insurance Does an LLC Need?

December 15, 2020April 8, 2021 Nordstrom

business insurance what types and what is needed

A limited liability company (LLC) is a preferable business structure due in part because of the level of security it offers owners when it comes to their personal assets and personal privacy through a third party registered agent. But while you’re able to limit your personal liabilities, your business assets are still without protection against a variety of possible unfortunate events. The good thing is that there are things you can do to minimize the risks that come with your LLC — one of these is investing in necessary business…

Petbusinessinsurance.com the #1 agency for the Pet business industry

November 6, 2020November 7, 2020 Guest Author

pet insurance for business and how it works

We here at Pet Business insurance want to make sure every pet business gets insured with the specialized types of insurance coverage that are available to them. Unlike normal business insurance, pet businesses have extra options such as animal bailee coverage when getting property coverage. Animal bailee coverage protects business owners when a pet in their care gets injured or dies. According to Forbes, this is a great time to start your very own pet care business! Millennial and Generation Z Americans are pet-obsessed, accounting for 62% of pet ownership. …