MA Dept of Industrial Accidents New Notice Requirements

The Department of Industrial Accidents (DIA) has revised the Notice to Employees and has established new notice requirements. On or before September 16, 2024, all employers must utilize and repost the revised Notice to Employees poster.

Cyber Risk Exposure Scorecard: Assess your risk

Cyber incidents have become increasingly prevalent, impacting organizations of all sizes and industries. As these incidents continue to rise in both cost and frequency, organizations must take steps to address their cyber exposures and bolster their digital security defenses.

Exposing Double Brokering: Safeguarding Your Freight Against Deceptive Schemes

In the landscape of global commerce, the logistics industry serves as the backbone ensuring that goods reach their destinations efficiently. Yet, amidst the complexities of this intricate network lies a threat known as double brokering, a freight fraud scheme that can leave companies vulnerable to financial loss and operational disruption.

The Crucial Role of Disaster Recovery Plans and Insurance Solutions in Protecting Your Business

When preparing for disasters, the significance of comprehensive disaster recovery plans and understanding insurance solutions cannot be overstated. These two pillars serve as crucial safeguards, offering businesses resilience against unforeseen challenges and ensuring continuity in the face of adversity.

Compliance Reminders for Businesses

Employers should regularly review their compliance with federal, state, and local employment laws. Here are some areas to keep in mind during 2024.

Covering Losses with Business Interruption Insurance

Standard property insurance provides coverage for physical damage and losses such as fire-damaged furniture or stolen equipment. It assists in covering the expenses associated with rebuilding or replacing damaged property.

Sole Proprietors and Partners Not Always Covered by Workers’ Comp

Ensure you know the situation: Sole Proprietors and Partnerships must elect proper insurance coverage to safeguard themselves. Don’t overlook this crucial protection – it’s your livelihood at stake. For other businesses, verify coverage status to avoid potential premium hikes in audits.

Reducing Risks to your Business Vehicles

Whether you possess a single business car or manage an entire fleet of commercial vehicles, obtaining commercial auto insurance is imperative. Consult with your insurance professional to assess your risks and explore suitable coverage options.

Is Your Business Prepared to Survive a Disaster?

A prepared action plan is vital for business continuity during severe storms that cause power outages and flooding. FEMA reports that 40% of businesses fail to reopen after disasters, emphasizing proactive preparation for financial recovery and operational continuity.

Insuring Your Home-Based Business

If you’re running a business from home, it’s crucial to assess your risks and determine your insurance needs, whether it’s a part-time, seasonal, or full-time operation. Starting a business from home can be challenging, but having the right insurance gives you a safety net and lets you breathe easily amidst the challenges.