The Commercial Line

Employees’ use of personal vehicles at work

It’s not uncommon for employers to require employees to drive their personal vehicles to conduct company business, whether it’s calling on clients or running to the post office. But what if they cause an accident and injure someone while on the job – or even headed to or from work? What is your company’s responsibility?
You could be liable for damages not covered by the employee’s personal policy.

How to control your business risk

As the owner of a small to mid-sized business, you may believe your risks are limited – that only large companies need to be concerned about addressing potential risk. But businesses of every size face risks, and failing to identify and control them could put your business at serious risk.

Theft of contractors’ equipment

For contractors, theft is one of the leading causes of equipment losses. Every year, the National Crime Information Center receives between 600 and 1,200 reports of equipment theft, with an estimated average cost of $17,400 per piece stolen.

The new TRIA renewal: What it means to carriers and customers

In January 2015, President Barack Obama signed an extension of the Terrorism Risk Insurance Act (TRIA) into law, extending the program through 2020. As a result of the Terrorism Risk Insurance Reauthorization Act (TRIPRA), more than 1 million businesses that would have been at risk of losing coverage will retain it, according to the Insurance Information Institute.

Autonomous vehicles

Like it or not, here they come … fast By Darryl Chidsey Autonomous vehicles are no longer science fiction, and technology is quickly advancing to create vehicles that can drive themselves. The National Highway Traffic Safety Administration recently adopted the Society of Automotive Engineers’ levels for automated driving systems, ranging from complete driver control to full autonomy. Under this system, levels range from 0 to 5: Level 0 is driving the traditional way, with the driver in complete control Levels 0 to 2 are active monitoring levels, meaning that the driver is still in control, but an aspect or two […]

Dealing with a changing climate

Weather has always had an impact on businesses. Tornadoes, floods, hurricanes, lightning strikes and other natural disasters can do major damage to a business whether it’s to the property itself or the company’s reputation if business is interrupted for any period of time.

Planning for disaster

No one thinks it will happen to their business. Flood, fire, earthquakes, loss of data, violence in the workplace – those things impact other business owners, not you.
But failing to plan for a disaster can be a critical mistake – one that could put you out of business.

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