Meet one of our passionate team members, Mara Denny, Customer Service Representative, and why she seems to have a few hot sauce bottles in the employee kitchen and sometimes at her desk.
If you run a business, no matter if it’s a small or mid-sized company, these are important questions to ask. Failing to have liability insurance when you need it can put your assets - present and future – at risk. At the same time, trying to determine what type of liability insurance you need can be confusing. Let’s take a quick look at what liability insurance is, and what businesses should consider when it comes to coverage.
Topics: Liability Insurance
“I want to be an insurance broker when I grow up!”
That’s a response you don’t often hear when asking kids what they want to be when they grow up, right? Doctor, astronaut, or superhero perhaps, but not insurance brokers. Most people don’t even know what an insurance broker is until they grow up, and actually need one. But maybe that all needs to change.
Insurance is a dynamic, essential field, and being a broker can be a rewarding career, too. If you are looking for a great field to work in, here are five reasons to consider becoming an insurance broker.
Topics: Insurance Broker
Is your office thinking about letting the dogs in, and become pet-friendly? If so, you’re not alone. About seven percent of American businesses let employees bring their pets to work, a considerable increase from even a few years ago. Many employers believe a pet-friendly workplace improves an office; they have noted improved morale and collaboration among employees after establishing a pets-at-work-policy. Several studies have also indicated that pet-friendly office policies help to attract talented millennials, an age group that tends to be pet-oriented.
Topics: Pets at Work
On January 5th, the Department of Labor proposed significant changes that could affect the association health plans that many companies use to cover their employees. If enacted, these proposals could dramatically shape the way businesses pay for and provide health care coverage. They should provide more flexibility for businesses, especially small businesses, and the self-employed, to get the healthcare coverage they need. However, there are concerns that these changes could be detrimental to existing health care plans that currently cover many consumers. Let’s take a look at the most substantial changes that have been proposed, and how they may affect your business.
This month's employee spotlight is Lupe Erwin, from our personal lines group. We think she could be a finalist for having one of the most unusual jobs while in school. Read more about Lupe and the unusual job.
Product Recall Insurance has never been cheaper. I use the term ‘never’ loosely because I have no idea if that statement is true. The Phoenicians may have only paid a nickel for it. It certainly hasn’t been cheaper in the last 10 years, so that’s good enough. It’s an odd circumstance though: there are more recalls each year, but the cost of insuring recall events has fallen dramatically over those years. It’s the antithesis of insurance cycles. Additionally, more insurance companies are releasing Product Recall Insurance products, so there is more competition for the business. Every recall specialist I speak with agrees that this cannot last since the costs of recall insurance claims will ultimately far outpace the premiums collected. If you are on the fence about adding Product Recall Insurance to your insurance program, this is truly the time to do it.
The Occupational Safety and Health Administration (OSHA) has added a new statement to its website to communicate that they are not accepting electronic submissions of 300 logs at this time, and intends to propose extending the July 1, 2017 deadline.
2018 is already well underway, and off to a great start. But we’d be remiss if we didn’t take a look back at the year that just ended. 2017 was a tremendous year for Wood, Gutmann & Bogart. We experienced positive growth, welcomed new members to our team, provided phenomenal service to our clients, and gave back to our community. Let’s take a moment to reflect on some of WGB’s brightest moments in 2017.
What if disaster strikes and you need to leave your home in a hurry; will you be ready? In WGB’s thirty years of shielding our customers from risk, we know there is one rule when it comes to disasters: no one is immune to the unexpected.
Thousands of people recently had to flee their homes in the wake of wildfires in California. Millions of people in Puerto Rico and the southern United States endured days, weeks, even months without electricity or running water after powerful hurricanes hit. Brutal east coast winter storms recently knocked power out for days as well, forcing residents to seek shelter elsewhere. Are you prepared to leave your home on a moment’s notice if one of these incidents occurs where you live?