OSHA Revises Business Procedures as Businesses Reopen

Posted by Robert Broome, Jr. on May 28, 2020

OSHA Revises Inspection Procedures as Businesses Reopen During the coronavirus pandemic, OSHA has been prioritizing inspections related to COVID-19 in high risk workplaces where employees work directly with, or have a high likelihood to work with, COVID-19 patients. OSHA has now adopted revised policies for enforcing OSHA requirements as states begin reopening their economies. There […]

Read more →

What To Know About Your 2018-2019 Commercial Auto Renewal

Posted by Laura Thomas on August 29, 2018

As trusted advisors, our goal is to share updates as they pertain to all aspects of our clients’ insurance policies. We have received a letter from the North Carolina Reinsurance Facility, part of the North Carolina Rate Bureau, regarding a commercial auto surcharge that you might not notice on the bill but will increase your […]

Read more →

Commercial Property Insurance: Why to Consider Your Coinsurance Provision

Posted by Paula Johnson on February 2, 2018

Do you have an adequate limit of insurance on your commercial building? Be aware that if your business property is not adequately insured at the time of loss, you could be subject to a penalty. A standard provision in the commercial property insurance form is coinsurance. This provision states that you, as the insured, agree to […]

Read more →

Understanding Your Commercial Auto Policy: Covered Auto Symbols

Posted by Paula Johnson on December 1, 2017

When was the last time you looked at the covered auto symbols in your Business Auto Policy (BAP)? Did you know that the symbols entered in the Schedule of Coverages and Covered Autos sections designate the types of autos you have elected to cover? This is important to know because only covered autos are insured under your […]

Read more →

Why your insurance company should start Succession Planning

Posted by Admin on September 29, 2017

Succession planning is not always the top priority for what’s considered a small insurance agency. Growing books of business, retaining clients, and keeping up with the ever-changing market is already enough to think about. However, who is going to maintain your thriving insurance agency after you retire? Have you been producing young insurance agents who […]

Read more →

Special Information for North Carolina Contractors working in Florida

Posted by Holly Kondas on September 22, 2017

All North Carolina contractors who are planning to go to Florida for cleanup and restoration work following Hurricane Irma must be sure you have Worker’s Compensation insurance that complies with the state of Florida requirements. Your policy should be reviewed to determine whether coverage is extended to your workers while on the job in Florida. […]

Read more →

Preparing for Hurricane Irma

Posted by Laura Thomas on September 8, 2017

Broome Associates Hurricane Claims Guide We are keeping a close eye on Hurricane Irma and want to make sure we provide good information to you to help you prepare should our area be impacted by the storm. Here is our hurricane preparedness guide which gives good information for before, during and after a hurricane.  Should our area […]

Read more →

Uncovering Business Exposures: Cyber Liability

Posted by Joseph Belt on August 18, 2017

In 2013, Target was the victim of a malicious cyber attack in which hackers successfully stole confidential customer information over the course of 19 days. The attack was a widespread news story that led to an ongoing legal struggle, ending when Target paid out millions in settlement dollars. Aside from the obvious cost of a legal settlement, Target also […]

Read more →

Locking Up Your Data: The Reality of Cyber Security and Liability

Posted by Joseph Belt on May 3, 2016

In a constantly evolving business landscape, managers must have a keen understanding of growth opportunities, future trends, and potential threats. With each passing day the world is becoming more interconnected through various virtual platforms, and many businesses have gone entirely paperless. While these developments have allowed us to become more efficient and generate new revenue […]

Read more →

Is Your Business Protected? Keeping Your Company Safe From Theft and Fraud

Posted by Paula Johnson on August 31, 2015

Almost every business today relies on computers to manage their banking and financial activities. While this has made transacting business more convenient, it has also created new risks. A hacker with the right knowledge and equipment can access an organization’s bank account and steal significant sums of money. A company may also be exposed to […]

Read more →

Next Page »