A Simple Explanation of Business Income Insurance

Business income insurance (also known as business interruption insurance) helps a business stay in business when a covered loss forces the business to close temporarily. It is one of the most misunderstood, and commonly underinsured, business insurance coverages.

Here is a to-the-point explanation and easy digital resources to super simplify the process of buying proper business income insurance.
 

WHAT DOES BUSINESS INCOME INSURANCE COVER?

How to Lower Commercial Auto Insurance Costs

The simple truth is that many commercial auto and trucking insurers are moving away from transportation risks. They’re not just pulling back…they’re actually leaving. And few new carriers are coming in. 

Sadly, for the last 20 years, commercial auto insurance (along with workers compensation) has been a loss leader for the property/casualty insurance industry. Increasing market pressure for more freight business means the need for more drivers, and an increased risk of putting untrained drivers behind the wheel, which means more exposure to accidents.

2019 OSHA Log Electronic Filing Deadlines

OSHA now requires many employers to electronically submit injury and illness data directly to OSHA.

Penalties now apply for non-compliance. 

VANTREO offers a free simplified electronic claims filing and OSHA record-keeping tool. Just ask us about it.

Here are the Deadline Dates...

2016 data due now (deadline was December 15,2017)

2017 data due now (deadline was July 1, 2018)

2018 data due March 2, 2019

Who must comply?

2018 New Work Comp Officer Exclusion Rules (SB 189)

SB 189 - NEW WORK COMP EXCLUSION WAIVER FORM CHANGES

Senate Bill 189, which becomes effective July 1, 2018, changes the definition of employee for purposes of workers compensation. The bill amends sections 3351 and 3352 of the California Labor Code and expands the scope of employees who are potentially eligible for exclusion from workers compensation coverage.

SB 189 Highlights for new and renewal CA policies effective on/after July 1

SB 189 Work Comp Officer Exclusion Rules

SB 189 - WORK COMP EXCLUSION WAIVER FORM CHANGES

Senate Bill 189, which becomes effective July 1, 2018, changes the definition of employee for purposes of workers compensation. The bill amends sections 3351 and 3352 of the California Labor Code and expands the scope of employees who are potentially eligible for exclusion from workers compensation coverage.

SB 189 Highlights for new and renewal CA policies effective on/after July 1

15 Key Reasons Why Business Insurance Claims Go Unpaid

Too often when a business insurance claim goes unpaid, the insurance agent gets fired by the insured. Sometimes an errors and omissions claim is made against the agency. Regardless of what comes down, the situation evokes fear, is time consuming and often expensive, and can irreparably damage relationships.

They say forewarned is forearmed. So we tracked down the most common reasons a business insurance claim is not paid.

15 Key Reasons Business Insurance Claims Go Unpaid

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