Expert Insurance Knowledge
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Compliance Admins: Are You Stuck Between a Rock and a Hard Place?
As a compliance administrator, it can be nearly impossible to keep everyone happy. You’re constantly walking a (very) thin line between upsetting project managers who are on tight deadlines to get vendors on the project and keeping vendors, who often don’t understand the compliance process, happy and engaged. All too often you’re the “middle man”, […]
Learn MoreExploring The Contractual Liability Exclusion, Part II
In a previous post, we took a closer look at why contractual liability and insured contracts matter. We explored contractual liability and the CGL policy, the hold harmless and indemnity agreement, and we demonstrated how to pull all of the pieces together with insurance tracking services. But that’s not the end of contractual liability. In […]
Learn MoreA Closer Look at Why Contractual Liability and Insured Contracts Matter, Part I
Contractual liability, including endorsements and exclusions, can be a very misunderstood topic in the insurance world—especially for organizations and administrators that have to deal with these topics without having an insurance background. Throw in the complexities of insured contracts and things get even more confusing. In this article, we’ll take a closer look at contractual […]
Learn MoreAgents: Help Contractors Manage Insurance Risks
With origins dating back to 1918, Western Pacific Insurance Network, Inc is the premier specialty wholesale insurance broker in the Rocky Mountain Region. As Vice President of Marketing for Western Pacific Insurance Network, Eric Richter is a foremost authority on the importance of, and the challenges that come with, helping clients achieve and maintain world […]
Learn MoreWorker’s Compensation May Only Apply to One State – Are You Protected?
Previously, we wrote a post that outlines an important nuance that applies to workers’ compensation coverage—monopolistic states—which creates a gap in coverage in select states and jurisdictions. Another consideration for organizations that track compliance of vendors and subcontractors is that a workers’ compensation policy may only apply to one state. Insurance for workers’ compensation coverage […]
Learn MoreDo You Know Your Vendors’ and Subcontractors’ Experience Modification Rates? You Should.
The Experience Modification Rate goes by many names: EMR, E-Mod, MOD Rate, Experience Rating, or Experience Modification Rate. But regardless of what term you use, it’s a very important one to understand—especially as it relates to those that your organization does business with on a regular basis. This rate is a number used by insurance […]
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