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Do I Need Employment Practices Liability Insurance (EPLI)?

Do I Need Employment Practices Liability Insurance (EPLI)?

Employment Practices Liability Insurance (EPLI) protects businesses against claims of wrongful employment practices such as discrimination, harassment, wrongful termination, or retaliation from employees or former employees. In today’s litigious environment, EPLI is essential for businesses of all sizes to safeguard their reputation, finances, and operations. It covers legal expenses, settlements, and judgments, helping companies to navigate complex employment-related claims and mitigate financial risks. Assessing Your...

What is the DMV Defective Title / Certificate of Title Bond?

What is the DMV Defective Title / Certificate of Title Bond?

Navigating the California DMV Defective Title / Certificate of Title Bond If you find yourself in a situation where you’re unable to obtain a clear title for a vehicle in California, the DMV Defective Title Bond, also known as a Certificate of Title Bond, could be your solution. This bond serves as a safeguard in cases where there are issues with the vehicle’s title documentation....

$100,000 Arizona Motor Vehicle Dealer Bond

$100,000 Arizona Motor Vehicle Dealer Bond

Why You Need a $100,000 Arizona Motor Vehicle Dealer Bond If you plan or have an existing motor vehicle dealership in Arizona, getting a $100,000 motor vehicle dealer bond is a must. It’s not just a piece of paperwork—it’s a promise to your customers and the state that you’ll operate your dealership ethically and responsibly. What’s It For? Think of the bond as a safety...

ICC Broker Bond (Form BMC-84) - $75,000

ICC Broker Bond (Form BMC-84) - $75,000

Understanding the ICC Broker Bond (Form BMC-84) - $75,000 Whether you’re already in the freight brokerage industry or just starting out, securing an ICC Broker Bond (Form BMC-84) is your key to thriving in the competitive world of transportation logistics. What is the ICC Broker Bond (Form BMC-84)? The ICC Broker Bond, or BMC-84, is like a safety net for your customers and carriers. It’s...

LLC Employee/Worker Bond in California

LLC Employee/Worker Bond in California

Why You Need a $100,000 LLC Employee/Worker Bond in California If you’re running an LLC in California, you’ll encounter the requirement for a $100,000 employee/worker bond. This bond isn’t just paperwork—it’s a safety net for your employees and a legal necessity. What's It For? Think of the bond as insurance. It guarantees that your LLC will meet its obligations to employees, like paying wages on...