February 24, 2021
Social distancing and mask wearing have been viewed as important ways to protect people from COVID-19. So, employers enforce these precautions on the job site. But what about after hours? What steps can an employer take if there’s evidence an employee is not taking precautions and is engaged in risky behavior when away from the […]
February 10, 2021
The average payment for auto physical damage insurance claims increased at more than double the rate of inflation from 2010 through 2018, according to a new study from the Insurance Research Council (IRC). The study, Patterns in Auto Physical Damage Insurance Claims, found that average payments increased 3.7 percent annualized during the study period, while […]
January 21, 2021
While it’s a good idea to read your insurance policy, hardly anybody does. The important thing is to understand what’s in it. Here are a couple of concepts to know about how your insurance works. What is subrogation and how does it apply to insurance? Subrogation in the context of insurance is the right of […]
January 7, 2021
Unless your state government enacts mandatory vaccination laws requiring it as a condition of employment, you could put your company at legal risk. The COVID-19 vaccination has been touted as the easiest way for our country to return to normalcy following the almost year-long pandemic. Such vaccinations will allow businesses to safely reopen and permit […]
December 18, 2020
Mobile Apps Will Be More Common The pandemic has forced many companies to focus more on remote operations, making the use of mobile apps more important. Mobile apps can be used to help employees make timely reports of on the-job injuries and facilitate communications with management and medical providers. There Will Be Fewer Meetings Isolation […]
November 21, 2020
Doctors, lawyers and accountants aren’t the only people who need professional liability insurance. All kinds of people need professional liability coverage, including financial analysts, corporate trainers, numerous types of consultants and law enforcement professionals. Even FBI agents. According an article in Law Enforcement Today, “FBI agents tasked by fired former Director James Comey to take […]
November 12, 2020
While estimates vary, the insurance industry is currently expected to pay as much as $110 billion in claims related to the pandemic in 2020, according to Lloyd’s. “The coronavirus outbreak has reduced risk in some areas while, at the same time, changing and heightening it in others,” according to Chief Claims Officer Thomas Sepp of […]
October 29, 2020
The Americans with Disabilities Act (ADA) and amendments, which applies to employers with 15 or more employees, says employers cannot discriminate against individuals with disabilities in hiring, promoting, retaining and other aspects of employment. The ADA requires affected employers to provide a “reasonable accommodation” to allow these individuals to perform their job duties. Employers do […]
October 15, 2020
If your business is the typical small or mid-sized business, you probably have somewhere between $500,000 and $2 million in liability coverage under your business owner policy (BOP) or commercial general liability policy. How does umbrella coverage work with these policies to provide extra liability protection? In addition to your BOP, you might also have […]
October 1, 2020
The Teague Insurance team and VP Ernie Togerson were recently featured in an ABC 10 news story. The team has been doing their part to support the Covid ICU team at Sharp Grossmont Hospital by providing a weekly meal to the night shift since the start of the lock down. You can learn more about […]
