The escalating threat of cyber security crimes and the heightened risk of data breaches underscore the pressing need for businesses to address and mitigate these risks. Despite the challenges posed by rapid changes, proactive identification and management of cyber risks are possible through effective prevention efforts and careful planning, offering a pathway to safeguard your company.
Workers’ Compensation Insurance, commonly known as “Workers’ Comp,” provides vital financial support to employees who sustain work-related injuries or illnesses, covering medical expenses and compensating for lost wages during recovery periods. In Massachusetts, it’s mandatory for all organizations with employees, regardless of size or the number of employees working across state lines, ensuring comprehensive protection for the workforce.
Winter is underway and we’ve already had the first snow fall of the season. If you own residential or commercial property, it’s essential to understand your legal responsibilities regarding snow removal. The state you live in has laws that dictate snow removal and in many cases, your city or town may have local ordinances or by-laws that further define snow and ice removal responsibilities.
If your business needs commercial auto insurance whether it’s for a single vehicle or a whole fleet, you will want commercial insurance that is both affordable as well as provides proper protection. Here are a several tips for buying commercial auto insurance that will help you manage costs but at the same time ensure that you’re properly protected.
Hosting corporate events or leasing properties to tenants serving alcohol brings liquor liability risks. While a Commercial General Liability policy offers some coverage, exclusions exist for businesses involved in alcohol sales. Mitigate risks by hiring trained bartenders and exploring additional coverage options with legal counsel.
For those involved in snow plowing, whether as a primary business or side venture, it’s crucial to ensure adequate liability coverage, especially for completed operations, alongside comprehensive auto insurance.
Recent amendments to Massachusetts laws in 2010 have heightened liability risks for property owners and snow plow contractors, underscoring the necessity of having appropriate protection measures in place.
Prepare for New England’s unpredictable winters to ensure smooth and safe business operations. Taking steps to address common winter-related property damage can mitigate risks and keep your business running seamlessly throughout the season.
Distinguishing between an employee and an independent contractor can be complex and costly if mistaken. MADUA has issued guidance, outlining the 3-Prong ‘A-B-C test’ to help clarify independent contractor requirements.
Disasters can impact businesses of all sizes and types, leading to temporary closures or permanent shutdowns due to events like floods, fires, or hurricanes. Businesses can be extremely vulnerable to unforeseen events and need to prioritize the importance of disaster preparedness and resilience strategies. Taking proactive measures can help minimize the impact of a disaster on your business, while having sufficient insurance coverage can expedite the recovery process.
Rising inflation has driven personal and commercial auto liability insurance costs billions higher, impacting both policyholders and insurers, according to a recent study. Despite dominating premium earnings, personal auto policies often offer significantly lower coverage limits than commercial policies, highlighting a crucial gap in protection.
Murphy Insurance Agency provides insurance solutions across Massachusetts and New England. Where you live is not a barrier to our assisting you. We are proud to serve the communities where our customers live and work, including Acton, Ashland, Ayer, Bellingham, Berlin, Blackstone, Bolton, Boston, Boxborough, Boylston, Chelmsford, Clinton, Concord, Devens, Dunstable, Fitchburg, Foxborough, Framingham, Franklin, Groton, Harvard, Holliston, Hopedale, Hopkinton, Hudson, Lancaster, Leominster, Littleton, Lunenburg, Marlborough, Maynard, Medfield, Medway, Mendon, Milford, Millis, Millville, Natick, Norfolk, Northborough, Northbridge, Pepperell, Sherborn, Shirley, Shrewsbury, Southborough, Sterling, Stow, Sudbury, Townsend, Upton, Uxbridge, Wayland, Westborough, Westford, Weston, Whitinsville, Worcester, and last but not least, Wrentham.