Professional Liability Insurance

Food Borne Illness and the Hospitality Insurance Company

Those operating in the hospitality industry realize the positive effects that a well-prepared meal at a restaurant can have on guests, allowing them to enjoy the company of family and friends while experimenting with exciting new cuisines. Therefore they have an added responsibility to ensure the food is prepared properly and safely.

A food borne disease is entirely preventable by adhering to general safety practices in the preparation of meals. Annually, as many as 48 million people get sick every year from tainted foods, with up to 3,000 deaths occurring. It’s important to know that the symptoms are often flu-like and can happen minutes or even weeks after the food has been ingested, which is why obtaining restaurant coverage from a hospitality insurance company is so vital to the business and the care of anyone affected.

Food borne diseases are a major concern

It’s important to know common food borne illnesses because being informed is often the best way to reduce the chances of someone becoming sick due to ingesting a meal at your locale. This type of illness must be taken quite seriously to ensure the best treatment possible is given in a timely manner. Proper preparation is vital, regardless of whether these mistakes were made in the kitchen or they originated at the source of the food.

There are different types of diseases associated with contaminated foods. Salmonella can be present in food without affecting the appearance, smell or taste of the food. Symptoms of salmonella range from diarrhea, fever, and cramps, though most people tend to recover within 8 to 72 hours, even without a doctor’s intervention.

  1. Coli, another common concern, affects people who have consumed food or water that has been contaminated by microscopic traces of cow feces. One of the most common and severe instances of food poisoning, complications of which can cause severe bleeding and kidney failure, it can be prevented by the proper cooking and handling of food.

Campylobacter can be spread by having the raw juices of uncooked chicken drip from the poultry onto other food and can be left behind on preparation surfaces after the raw chicken has been removed. For this reason, proper cooking and handling of raw chicken is vitally important to maintaining physical health.

As the owner it should be your primary concern to ensure the safety of the people eating there, as well as the safety of your employees. Working with a hospitality insurance company can help to make certain that you have the right policy to address any food contamination issues that arise.

Managing Risk By Maintaining Crime Insurance

There are many areas in a business that create risk and unnecessary exposures to crime, either internally or from outside forces. By managing these problem areas a business owner can help to greatly reduce some costly concerns and therefore save his or her company an exorbitant amount of money. Crime is one of those things that every company must be aware of. Whether employees are stealing from you, or thieves, shoplifters and burglars are the culprits behind these losses, crime insurance is the most valuable solution to stem the tide of losses.

Taking adequate security measures can pay dividends

In order to avoid risk, a company must determine just what those risks are. Here are some ways in which a business can assess their risk and also determine ways to prevent unfortunate losses from occurring:

  • Installing adequate devices to control unauthorized entry onto the premises
  • Have a burglar alarm that reports to a central station or a constantly attended monitoring facility
  • Have adequate fencing and gates around the building and parking areas
  • Provide adequate exterior and interior lighting, and
  • Have adequate door and window locks and control access to premises by physical barriers and/or surveillance

Beyond this, you may also wish to require the use of company ID badges, have appropriate visitor sign-in sheets and escort procedures, have check-in and check-out procedures, and an inventory control system in place.

Your accounting department should also be closely monitored. It might be preferable if a single person oversees cash, bank deposits and inventory. Instruct the person in charge to make cash deposits frequently in order to limit the amount of cash on hand. You might also be better off if billing is independently reconciled to ensure proper charges, credits and refunds are administered.

Protection from Theft

Employees should be properly trained to handle situations involving theft and fraud.

Train staff to recognize shoplifting risks and also on the proper way to respond when a situation unfolds. They should be trained to recognize counterfeit currency, determine credit card validity, and report acts of vandalism or theft committed by employees, visitors, vendors, or contractors.

By better managing the premises through security measures, overseeing accounting practices and ensuring that deposits are regularly scheduled, a company can make great strides in reducing risk and avoiding losses that will increase crime insurance premiums.

Insurance Marketing Plan for Social Media

A social media insurance marketing plan is a great way to campaign. Most people involved in social media realize that this is an avenue that provides great opportunities to making their brand highly recognizable in their community. It’s pretty hard not to be effective when you’re constantly posting and staying in the minds of the public. This will often garner the desired results.

A few goals to keep in mind, as part of what makes for a successful community management strategy, are enhancing awareness, improving public perception, enhancing customer service and support, creating advocates, and collecting analysis and feedback. By enhancing awareness, a company is spreading the word to potential customers, while staying fresh in the mind of existing customers along with anything else that might influence existing and potential users.

 

Public perception is key to success

Having strong positive public relations helps build brand loyalty. When customers, and prospects think and feel good about your brand, they’re more likely to notice the positive aspect, which then translates into better word-of-mouth. Customers with problems or questions are engaging in online and social media communities to spread the word and ask for help or seek solutions. A good community presence provides enhanced customer service and support by answering users questions and directing them down avenues to resolve any problems or issues.

Information on how existing or potential customers feel about a product can be extremely important. Having the ability to create and identify opportunities to improve an existing product (or understanding successful enhancements for future products) can generate the desired results. By finding out what a community really wants, and understanding what they dislike, can help extend an existing product’s life, or determine how to refine and design new products more successfully.

When users learn what a product does and how to make the most out of it, they tend to be much more engaged. This requires making sure, through educating existing and potential customers, that they know how to effectively utilize it. Perhaps the biggest goal is to increase acquisition. The goal is obviously to have more people purchase or use the product.

This requires identifying what is important to clients and that knowledge can help you to create a goal-oriented community management strategy that allows you, as a business owner, to measure effectiveness as well as success. Your insurance marketing plan for social media should aim to accomplish these goals.

Contractors and Construction Insurance in Wayne, NJ

Being an active participant in the construction industry means that you fully realize that safety must be the number one priority for both workers and visitors to the worksite. Construction Insurance in Wayne, NJ is vital for all contractors to have in place. This policy will provide coverage in the event that anyone is injured on the job site.

Examining hiring practices

The construction industry is made up of individual workers, each contracted to provide services under distinct terms, from subcontractors to hired employees, and from labor brokers to independent contractors. There are different circumstances with each type of paid worker. With subcontractors, it’s generally advised that you, as a contractor, draw up a contractual agreement while ensuring that participants are licensed, bonded, and insured before hiring them. They bear equal responsibility for the project and may be liable for any issues if a client deems that the work is subpar, or in the event that the job is not completed.

Hired employees, however, don’t fall under the same requirements. For example, when hiring employees, the contractor is required by law to withhold taxes, pay wages, benefits, and comply with all employment laws. They are also required to provide workers comp insurance in the event of any on-the-job injuries. The contractor may also opt to solicit a broker to help provide labor. They will have a similar relationship with these workers who are also considered employees during the course of performing work for the contractor’s company.

Hiring independent contractors means that the contractor pays them directly but isn’t responsible for paying benefits or withholding taxes. There are strict tax reporting requirements in place for working with independent contractors that must be followed to avoid breaking any rules or laws regarding this type of employee, which could result in costly fines if not adhered to.

The Occupational Safety and Health Act (OSHA) require that contractors provide a safe workplace for their employees, one free from any recognizable hazards. Things such as tools, scaffolding, debris, and any large machinery and trucks constantly moving back and forth all pose concerns due to the risks involved in working in these conditions. In any case, Construction Insurance in Wayne, NJ should, without question, be used to provide necessary benefits, along with protecting the interests of everyone involved in the project.

Import/Export of Goods and the Import Surety Bond

For clients operating in the field of importation and/or exportation of goods, insurance, surety and risk management solutions for supply chain and transportation intermediaries are the items of primary focus. A customs import surety bond is a contract used for guaranteeing that a specific obligation will be fulfilled between customs and an importer for any given import transaction. The main purpose of a customs bond is to guarantee the payment of import duties and taxes.

A customs bond is required on all commercial imports entering the US. Merchandise will not clear customs without a properly executed bond, and according to US customs regulations, a surety bonds purpose is “to protect the revenue of the US and to assure compliance with any pertinent law, regulation or instruction.”

The importer agrees to certain conditions upon posting a bond, including agreement to pay duties, taxes and charges in a timely manner, to make or complete entry of goods, to produce documents and evidence of the shipment, and to redeliver merchandise if required or requested. This also includes agreement to rectify non-compliance with provision for admission, to allow examination of any and all merchandise and reimbursement and exoneration of the US where necessary, including compliance with any special requirements on duty free entries.

 

How and when are Drawback Bonds implemented?

Whenever merchandise is imported into, or exported out of the US, a principal may be entitled to a refund of duty, what is commonly referred to as a drawback claim. There are several types of drawback claims and methods of payment, including accelerated drawback, which is the most common way to be paid. With accelerated drawback, the refund is granted before liquidation of the drawback claim. A drawback bond guarantees full repayment to US Customs Border Protection (CBP) of overpaid drawback as determined by liquidation of the drawback claim.

There are many different types of bonds, depending upon the quantity and type of transactions involved. A commonly used import surety bond is a “Single Entry Bond” that can only be used once for a particular transaction. A “Continuous Bond” can be used for an annual period and will cover all transactions within that year. They can both be used at any port of entry. Brokers should help clients determine which is the more practical solution in any given situation.

Benefits of Having Bailee Liability Insurance Coverage

 

As the bailee, your professional position is that of someone who takes possession of property belonging to another for the purposes of repairing or restoring the item in question for an agreed upon amount of money. Under the agreement, you’re to return the exact same (or identical property) to the bailor after having performed the work as specified, or if unable to make the necessary repairs, inform the bailor that the job could not be done to specifications.

There is a certain degree of care required in a commercial bailment agreement. The bailee must use a degree of care that any prudent individual would be expected to use in handling his or her own property. Bailee liability insurance coverage will provide coverage if, due to some unforeseen circumstance, the item delivered or picked up for service has become lost or damaged requiring the bailee to make reparations. For example, if your customer has some machine parts in need of retooling and your place of business is burglarized and the parts taken, you would be deemed responsible for the loss of said goods.

 

Bailee insurance is important coverage to have

The coverage provided by bailee insurance includes property that is on, or in transit to and from, the bailee’s premises. The insurance is in effect when the bailee issues a receipt to the bailor for the item. Coverage excludes property belonging to the insured bailee and loss due to vermin and insects.

 

Liability of bailees

Types of businesses having bailment exposures include jewelers, parking valet service providers, and electronic and other repair businesses to name a few. This is the insurance solution for someone that temporarily stores property belonging to customers in their warehouse, for any number of reasons. The bailment is to the mutual benefit of both parties, and is therefore considered a commercial bailment agreement.

Due to the expected standard of care, the bailee’s liability is generally limited to any loss or damages as a result of the bailee’s negligence. If, for whatever reason, the bailor’s property ends up being destroyed due to a fire or some type of natural causes, the bailee would not be liable for damage unless the fire was the result of the bailee’s negligence. In any event, where there is the possibility of an issue of any type, bailee liability insurance is the product you should purchase.

Attorney Professional Liability Insurance in Austin, TX

Attorney Professional Liability Insurance in Austin, TX is vital for those times when, for any number of reasons, a relationship between you and a client turns sour. When this is in fact the case, while you may hope for a peaceful resolution, it may end with an unsatisfied client and litigation is likely to be pursued. A couple of common issues that often develop are a situation where you may decide to withdraw for certain reasons, or the relationship between you and your client breaks down to the point where you both decide to part ways. In either case, this is the time when your professional liability policy will come into play.

Have you provided your client with good service?

Perhaps no professional shortcoming is more widely resented than procrastination. A client’s interests can often be adversely affected by the passage of time or any change of conditions. For example, if you were to overlook a statute of limitations your client’s legal position may be jeopardized and this could result in them bringing a claim against you. Even when your client’s interests are not affected in substance, any unreasonable delay may cause your client needless anxiety and undermine their confidence in you.

Unless either party terminates the relationship you should carry through to conclusion all matters undertaken for a client. Once the matter has been resolved the relationship naturally terminates. The client may assume that you will continue to serve on a continuing basis unless you give notice of withdrawal. Any doubt about whether a client-lawyer relationship exists should be clarified by you in writing so that your client will not mistakenly suppose that you are looking after his or her affairs when in fact you have ceased to do so.

Whenever a representation is terminated, whether by the lawyer or the client, the lawyer still has certain responsibilities to consider. A lawyer must take steps, to the extent reasonably practicable, to protect the client’s interest, including giving reasonable notice, allowing time for the client to engage other counsel, surrendering papers and property to which the client is entitled, and refunding any unearned retainer.

These are the times when every attorney can benefit from having Professional Liability Insurance in Austin, TX. Speak to an agent with any questions or concerns pertaining to this coverage.

Grocer Store Insurance and Commonly Experienced Hazards

As a grocery store owner you’re likely to see some type of accident occurring on a daily basis. This is because food items are often stacked high on shelves and this can lead to items falling with the possibility of injuring an employee or a patron. While employees are covered under workers comp insurance you’re going to need Grocer store insurance that deals with injuries to customers as well as other liability concerns.

Common causes of injury to customers aren’t limited to items falling from up on high shelves, and includes slipping on wet floors or having run-ins with carts and other people while shopping. The list of possible hazards, while not too extreme in numbers, should be examined, with safety instructions on stacking and immediate clean up of spills duly enforced. One serious injury could be quite costly, which further illustrates the need for having the right coverage in place, but educating employees is equally important in order to promote proper safety at all times.

Head and body injuries from falling objects can also be serious, especially those involving older patrons, including retail displays, items that are difficult to reach, and other shopping-related mishaps. Shopping cart injuries are often due to ramming carts together (sometimes hands suffer injury as a result of this) or due to a cart tipping over onto its side.

Overcrowding is another source of concern when too many people crowd into a particular section of the store, which may result in trampling, or other serious injuries, and even outside of the store in the parking lot injuries can result from cracks in the pavement or insufficient lighting at night, which can result in injuries from a slew of different incidents.

Failing to fix or restore lighting, uneven pavement, and not being diligent about ensuring that displays do not pose a threat of physical harm puts you at risk for a possible lawsuit. Having a Grocer store insurance policy provides you with coverage for when accidents happen, as they eventually will at some point in time.

Misuse of Products and California Product Liability Insurance

As a manufacturer, you need to do everything necessary to protect your company against product liability claims. Ensuring that proper processes are in place and identifying problem areas can go a long way towards providing protection for your company, but it’s certainly not enough. If consumers claim that there is a product liability issue with an item you produce you’re going to need California product liability insurance to fight those claims, or otherwise pay for any damages incurred.

State laws help determine what constitutes product liability

In certain states, the law requires that the product be properly packaged or labeled to give reasonable warnings of dangers about the product and/or to give completed instructions on proper use of said product. A company has the right to defend against this type of claim if, for instance, the injury was caused by misuse by the consumer. This is provided that you manufactured the product according to standards set by state and federal law.

As an example, let’s say your company produces a product that is intended only for a particular use, but a consumer who purchased your product used it in a way in which it was not intend and was injured. How do you now protect your company against this type of claim? Manufacturers can protect themselves against claims of this nature by developing a process to regularly monitor and update product labels and always provide instructions that clearly state the intended use by the consumer. In addition to carrying California product liability insurance you should go to some lengths to determine in what ways you can limit your risk.

Manufacturers can also protect themselves against this type of claim by developing a process to record the specifications of each product before shipping to an OEM. This process allows the manufacturer to easily reference the state of the product when it was delivered to the OEM. Your company can limit or avoid exposure to this claim if the injury was caused by a modification or alteration to the product made after it was delivered to the initial customer.

Basic Trenton NJ Business Insurance Policy Tips

Every business should be insured, as you well know, because you need to protect yourself against all types of litigation and legal concerns. But as a first-time business owner, you may find it hard to navigate through the various options offered by the different agencies, as well as the plans currently available to you. As your business becomes more successful, the risks of operating without having the proper insurance in place often increases. Buying Trenton NJ business insurance is certainly the right choice for your company.

You need coverage for many exposures

You should begin by researching the insurance packages commonly carried by other professionals in your industry. Depending on the nature of your business, you’ll most likely need several of the following policies: general liability, commercial property insurance, professional liability, product liability, business interruption and worker’s compensation.

Commercial auto is needed whether you have a fleet of vehicles or even just a couple used for businesses purposes. Speaking with fellow entrepreneurs who work under similar circumstances may help you to determine some of your own needs, but keep in mind that commercial insurance agents are well equipped to offer you a Trenton NJ business insurance policy since they are familiar with a wide range of business needs. They can also help provide insight into what may be best for your company at the present time.

For affordable coverage for your new business, it’s often best to start with a business owner’s policy (BOP), a type of policy that combines both property and general liability insurance, and typically covers events that cause suspended operations, property damage or lawsuits. Depending on the type of business you own and the number of employees you have, you may need additional specific types of insurance, but a BOP will at least provide basic protection from common business losses. It’s important that small business owners have a conversation with an insurance agent about what a BOP policy does and doesn’t cover.

Insurance is the single greatest expense for many independent business owners. The cost of insurance varies for every business, but some providers specialize in insuring specific types of businesses, and can determine whether your business’s needs call for additional coverage types.