Airbnb currently boasts more than 2 million home rental listings in 34,000 cities throughout 191 countries. HomeAway is close behind with 1.2 million in 190. That’s more lodging than any hotel chain in the world. But while the enormous popularity of home sharing is undeniable, at least one aspect of the disruptive trend poses major concerns: insurance […]

Volunteerism is on the rise. How do you handle injuries that occur? By definition, a volunteer is a person who donates his/her time or efforts for a cause or organization without being paid. Workers Compensation (WC) is a form of insurance providing wage replacement and medical benefits to employeesinjured in the course of employment in exchange […]

The world is ever-changing and the insurance market is working hard to keep up.  Most of you are aware of the increased popularity of ride-sharing services like Uber and Lyft, among others. They are redefining the way we think about transportation. That being said, more people are signing up to be drivers for these services.  […]

If you’ve ever found yourself caught out in the driving rain with nothing but the clothes on your back for protection, you know what kind of a miserable experience that can be, temporary as it is. With all that wetness and cold, its effects can leave you longing for the comfort of the indoors. All […]

You may have missed it, but March 29th was “Mom & Pop Business Owners Day”. Family-owned and customer focused, Mom & Pop stores’ overriding goal is to provide high quality service to the fine folks who walk through the doors for a product or service. Mom & Pop shops don’t have quite the same presence in the […]

At long last, most businesses are beginning to understand that cyber insurance is a necessity, not a luxury. “All classes need it. It doesn’t really matter who you are, what you do—you have some exposure,” says Alex Wayne, president of A.J. Wayne & Associates, Inc. “Even if it’s only one record, you have some exposure […]

Reprinted with permission Philadelphia Insurance Company Each winter cold, inclement weather conditions set the stage for slips, trips, and falls throughout the U.S. In fact, snow or freezing conditions can and do occur in all 50 states, with sleet falling in Florida as recently as 2011. The risk for outdoor slips, trips, and falls has […]

Four Myths of Nonprofits Cindy Bergvall, CPA Over the years we have found ourselves as auditors and advisers having recurring conversations with clients and Boards about these common nonprofit myths.   A frank discussion with your board can dispel some of these misconceptions. 1.  A profit is bad.  Your nonprofit needs a reserve of funds for […]

Reprinted with permission from PersonalUmbrella.com 52% of the deaths of teenage passengers happened in cars driven by another teen Real-World Case Study: The Risk of Teen Driving Emily, a 17-year-old, decided to treat her best friend, Taylor, to a movie to celebrate finishing their finals. They were running late and didn’t want to miss the […]

reprinted from Advocates for Independent Businesses – www.indiebizadvocates.org There’s a big change coming for credit card payments. The major credit card companies are rolling out a new kind of credit card, called a “chip” card for short, and officially known as an EMV card. Merchants will need new hardware to read these cards—and there’s a […]