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Tag: Business Insurance

Professional Liability Insurance vs. General Liability Insurance

Professional Liability Insurance vs. General Liability Insurance

All businesses, large and small, face the risk of liability. Professional liability insurance and general liability insurance both provide protection for your business. The main difference between these two types of insurance is the different risks they cover.  What Is Professional Liability Insurance? Also known as errors and omissions (E&O) insurance, professional liability insurance is designed to protect you in case a client files a...

Avoiding Workers’ Comp Fraud

Avoiding Workers’ Comp Fraud

Workers’ compensation fraud can be expensive for employers. One of the most common types of workers’ comp fraud is employee fraud. This involves workers who seek to receive benefits under false pretenses.  How Do Employees Commit Workers’ Comp Fraud? Employees have been known to commit several types of fraud to obtain workers’ compensation, including: Off-the-job injury: An employee is injured on his own time, but...