Communication Necessary For Bonding And Contracting Success

In today’s economy, comprehensive financial data comes at a premium. It is increasingly necessary that contractors provide updated financial information to bonding companies in order to maintain a solid working relationship. Many bonding companies feel an increased need to pressure contractors for necessary banking documents, balance sheets, income statements and more. This is certainly not…

Be Prepared for Hurricane Season

It is that time of year when many of us head to the coast to open up our summer homes. Unfortunately, it is also one of the most active times of the year for hurricanes. Experts predict that America faces the possibility of 16 named storms, nine hurricanes and five major hurricanes with sustained winds…

Weddings, Vacation and Event Insurance

Insurance is purchased constantly for one specific reason – to protect individuals, property and investments from unexpected or unfortunate occurrences. Though we would like to believe that when we are hosting an event or celebration, or planning a wedding, we could avoid unforeseen disasters, it’s simply not reality. With upfront fees, deposits and countless expenses…

Out of State Workers

These economic times are trying for workers in every industry – especially construction. Contractors have to find work wherever they can. Oftentimes this means leaving their hometowns to travel out of state to obtain contracts. The problem is when contractors cross state lines, gaps in their insurance policies may surface. Every state has its own…

Avoiding OSHA Fines and Penalties

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has levied its largest fine in history against BP North America – to the tune of $87 million. As an employer, it is critical to know what your responsibilities are before an accident or other event occurs. As trusted advisors, it is the goal…

Back to the Tennis Match

So where are we on health care reform? “I know I heard something about it in the news the other day, right?” It seems that keeping up with the Patient Protection and Affordable Care Act (PPACA) is like watching a big tennis match. So far in 2011, on Jan. 19, in the first big vote…

The Importance of Maintaining Your Bonding Tools

Bonding is becoming more prevalent in today’s economy, and knowing that you are able to obtain a bond when needed is a very wise business decision. Setting up your company initially for bonding may be somewhat tedious at first, but it is well worth the time and effort. There is great peace of mind in…

Incorrectly Titling Your Company Vehicle

When it comes to vehicle ownership within a company policy, there tends to be a lot of confusion. Many business owners, majority owners and company presidents think it is acceptable to purchase a vehicle in their own name, but have it insured under the company’s policy. It is not. Additionally, when companies that begin as…