Commercial
Know Who You’re Hiring – Independent Contractor (Self-employed) vs. Employee
A business may pay an independent contractor and an employee for the same or similar work, but there are important legal differences between the two. For the employee, the company withholds income tax, Social Security, and Medicare from wages paid. For the independent contractor, the company does not withhold taxes. Employment and labor laws also do not apply to independent contractors.…
Read MoreIN: Independent Contractor Or Employee: What’s The Difference?
Dear Valued Customer, What exactly is an “independent contractor”? According to the IRS, the general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done…but not only can…
Read MoreIN: Hurricanes: Preventing Loss Of Life & Minimizing Property Damage
Dear Valued Customer, This issue of “—————-” is focused on providing you with the information you need to understand the importance of protecting your home and business against the catastrophic damage a hurricane can cause. Hurricanes are dangerous and can cause major damage because of storm surge, wind damage, and flooding. All Atlantic and Gulf…
Read MoreKnow Your Hurricane Risk
Hurricanes are dangerous and can cause major damage because of storm surge, wind damage, and flooding. They can happen along any U.S. coast or in any territory in the Atlantic or Pacific oceans. Storm surge is historically the leading cause of hurricane-related deaths in the United States. Know your Hurricane Risk Hurricanes are not just…
Read MoreStay Safe During a Hurricane
Stay Informed Listen for emergency information and alerts. If told to evacuate by local officials, do so immediately. Dealing with the Weather Determine how best to protect yourself from high winds and flooding. Take refuge in a designated storm shelter, or an interior room for high winds. If trapped in a building by flooding, go…
Read MoreFacts + Statistics: Hurricanes
The official Atlantic hurricane season runs from June through November, but occasionally storms form outside those months. September is the most common month for hurricanes making landfall in the U.S., followed by August and October, according to an analysis of 1851 to 2015 data by the National Oceanic and Atmospheric Administration. No hurricanes made U.S. landfall before…
Read MoreTypes and Costs of D&O Coverage
D&O insurance policies offer liability insurance coverage for the Directors and Officers of non-profit, for-profit, and privately held businesses. Directors and Officers insurance helps protect them from defense costs and damages which may arise from managerial decisions that may have adverse financial consequences. All organizations are vulnerable to D&O insurance exposures. Read more about the who,…
Read MoreDirectors and Officers Insurance
While business insurance policies by definition provide coverage for the business itself, individual company officers may still be personally exposed to financial losses resulting from a lawsuit. To protect your company’s leadership, you may want to consider purchasing directors and officers (D&O) liability insurance. What D&O covers Directors and officers is a type of liability…
Read MoreIN: Why Get Directors and Officers Insurance?
Dear Valued Customer, A wide range of claims against a business have the potential to target company leadership for responsibility—and liability. In this issue of the “———————-“ we’re including information and tips that can ensure you are protected in many ways. Directors and Officers Insurance (D&O), is about protecting your business from liability issues. While…
Read MoreIN: What Are The Minimum Wage Laws In The U.S?
Dear Valued Customer, A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. In this issue of “—————-” we focus on understanding exactly what that means and your obligations under this law. What exactly is the federal minimum wage? Must young workers be paid the minimum wage? What is the minimum wage…
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