The best approach is to adopt a comprehensive system for managing your risk and follow it consistently. A practical restoration contractor risk management plan addresses four elements: communication, pre-qualification and selection, contractor performance monitoring, and continuous improvement. 1. Effective Communication of your company values, pre-qualification guidelines, evaluation thresholds, safety requirements, and feedback to your contractors is essential. This can be

Virtually all businesses and organizations rely upon their computer and data management systems to conduct business efficiently and effectively. Technology is a substantial business investment, and you must adequately insure against loss of hardware and essential data. Most property policies provide limited coverage for computer equipment and exclude losses specific to data, media, and losses caused by computer viruses or hacking. Electronic Data Processing (EDP) insurance is

Creating a general liability policy is a delicate balancing act. Your provider has to assess how much risk they are taking on by covering your business. And to make an accurate evaluation, they need to know more about your company, its operations, and where its potential vulnerabilities may lie. Each of these factors influences the cost of your general liability insurance premium. Take a look at what these considerations tell your provider about your business and why they aff

A vehicle, whether it’s a company vehicle or personal transportation, can be a deadly machine in the hands of a careless driver. A good defensive driving attitude is the key to your safety on the road. Follow these tips and become a better “defensive” driver. If you get tired while driving long distances, stop and rest. Get out of the car and take a break. Always use your seat belt. This includes your lap belt as well as your shoulder belt. Both are necessary for safety. If y