Until this year, provisions under the Employee Retirement Income Security Act of 1974 (ERISA) only governed employee benefit managers of companies with more than 100 employees. But that changed in January 2016, when the federal law expanded its coverage of mid-sized businesses.
The Commercial Line
With manufacturing technology expanding exponentially and entrepreneurial ideas flourishing, a number of new products have been created and existing products are being modified to meet the needs and desires of today’s consumers.
A subcontractor seriously injures himself with a circular saw at your place of business. Or a roofer starts a fire while performing work at an apartment complex you own. In either case, you and your insurer could be held financially responsible if the contract you entered into contained wording that transferred responsibility back to you.
In today’s agricultural scene, farmers have become creative in finding new ways to earn income in addition to the traditional farming practices of growing crops or raising livestock. One of those supplemental avenues is called agritainment, which is also known as agritourism.
The issue of medical marijuana and employment law is still evolving, making it difficult for employers to understand the legal implications and find affordable workers’ compensation insurance.
Work in progress reports from contractors are usually considered “business as usual.” But there are two times when underwriters would have concerns.
Suddenly, everyone has a drone — or at least it seems that way. An estimated one million unmanned aircraft will be sold for the holidays this year alone. And while many will be used for personal entertainment, drones are also being used for commercial purposes including mapmaking, emergency response, aerial photography, crop management and real estate appraisal and surveying.
If you have been following the upcoming 2016 Presidential election, you know that Immigration reform has been a hot topic among the potential candidates. While the solutions the candidates offer vary, how the immigration system is reformed is critical to agriculture in the U.S.
According to First Research, the United States (U.S.) construction industry includes more than 650,000 contractors with combined annual revenue of about $1.4T. Demand for this industry is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts and control costs.
The first documented use of alcoholic beverages was written in Sumerian around 3200 BC. Since then, practically every civilization has consumed alcohol in largely the same way: by drinking it!