Crime Insurance - A coverage review
Most businesses need crime insurance, yet it is often overlooked and not discussed in detail. While an open-perils property policy may cover theft, it often excludes or sharply limits coverage for money and securities. Under a named-perils property policy, theft is typically excluded altogether. Employee theft is excluded under all property policies, so businesses with employees who handle money should carry crime insurance. Crime insurance must be carefully structured, with
Maximizing Protection — Best Practices for Employment Practices Risk Management
Employment practices are an area that every business with employees must consider as a loss exposure. As long as employees are present,...