One of the single most common problems with commercial insurance is, most small business owners understand that insurance is a necessity, but they struggle to understand what form of insurance is right for them. The need to make sure they have all of the coverage for their particular business, which can be very challenging, and no one wants to end up paying for more than they require. Often, it is advised that small business owners seek professional advice from trustworthy sources, such as an accountant, or an insurance broker or agent that specializes…
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Medicus Insurance Company drops rates in 6 states, touts their new green initiative
Medicus Insurance, providers of liability insurance for medical professionals, has announced that it will be lowering its rates in six states across the country – Arizona, Kansas, Nevada, Ohio, Virginia and its home-state Texas. The company operates in 24 states throughout the nation. The move to reduce rates is part of an overarching effort to promote their green initiative. In the coming years, Medicus hopes to make each of its offices paper-free, relying on digital mediums to do business. Each state is subject to its own, specialized rate reductions. In…
Read MoreBusiness claims on the rise due to discrimination
A recent survey by the Chubb Group of Insurance Companies, show that lawsuits against businesses for discrimination have risen dramatically; and are still rising. The Equal Employment Opportunity Commission (EEOC) reported a record breaking number of discrimination charges in 2010. The Chubb Group’s report revealed that one third of employees they surveyed felt their company is less likely to protect them from various forms of discrimination. More than 30 percent also stated that they felt companies were less likely to protect consumers from id theft or data leaks. According to…
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