Insurance Blog
A Retailer’s Guide to Loss Prevention
Posted: November 19, 2024
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer loses a certain amount of inventory due to damage, employee theft, and shoplifting. These losses affect your business’s bottom line and your livelihood. In a world...
How to Insure Your Side Business
Posted: November 4, 2024
A side business is a great way to make extra money or pursue your passion before building it into a full-time career. If you are considering starting a side business or are already successful in an endeavor, it is essential to consider your insurance coverage. Depending on your product or service, you may need various types of coverage. Here are some pointers to protect yourself...
What to Do After Being Hacked
Posted: October 19, 2024
October is National Cyber Security Month, a time to focus on the rising threat of cyberattacks and hacking incidents. With the increasing prevalence of digital threats, businesses and individuals risk falling victim to hackers. If you discover you’ve been hacked, acting quickly to mitigate damage and secure your information is essential. This guide outlines the immediate steps to recover from a hack and prevent future...
California Immigration Consultant Bond: Your $100,000 Guarantee of Trust and Protection
Posted: October 9, 2024
As an immigration consultant in California, your work has a profound impact on your clients' lives. To ensure that this work is done ethically and in compliance with state law, the California Secretary of State requires all immigration consultants to secure a $100,000 Immigration Consultant Bond. But beyond being a legal obligation, this bond is a powerful tool that protects your clients and builds trust...
What Exactly Is an Escrow Agent Bond?
Posted: October 8, 2024
An Escrow Agent Bond is a type of surety bond that the state of Arizona requires for anyone conducting escrow transactions. Essentially, it’s a promise that you, as an escrow agent, will conduct your business ethically and comply with state laws. The bond acts as a financial guarantee for your clients, ensuring that their funds are protected in case something goes wrong—whether it’s fraud, mismanagement,...