In this article O’Shaughnessy states that “Workplace discrimination claims are at an all-time high and small business owners feel vulnerable.” He’s right about the fact that workplace discrimation claims are at an all-time but I highly disagree that small business owners feel vulnerable at all!

Are you certain that your insurance company will provide legal defense for your organization in the event of lawsuit?

Twenty-first Century Businesses are under constant threat of Cyber Attack. Though all business industries are susceptible to a Cyber loss for the purposes of this article we will focus on the risk concerns for Professional trades such as Lawyers, Accountants, Real Estate Agents, Dentists, Doctors, etc.

Unfortunately, by offering a retirement / pension plan, you’ve just opened your business up to a HUGE exposure that is NOT covered under your general liability policy, you need Fiduciary Liability.

I once heard an esteemed partner in a well-recognized law firm offer that, in Canada, if there were 100 insurance companies that sold this form of insurance policy one would not find 2 identical policies anywhere in the country – can you imagine that this might be any different in the USA? I can’t.

EPLI is overlooked far too often by small business owners for various reasons (employees are considered family, don’t want the expense, assume coverage included in Business Owner Policy, etc.). Considering the amount of coverage an EPLI policy provides a business the cost of such a policy is very inexpensive.