Cornerstone Insurance Agency Blog |
 Due to the pandemic, economic challenges have required employers and companies to identify potential risks and trends in their insurance coverage, including worker's compensation insurance.
Worker's compensation insurance (WCI) encompasses salary losses and employees' medical and rehabilitation expenses who incurred work-related injury. All American states require WCI to safeguard employees' health. Read on to determine the considerations needed to be addressed by employers when preparing for a worker's compensation program this 2021.
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 Business insurance provides a safety net against the company’s vast and unnecessary financial losses and damages and ensures its smooth operations.
This insurance protects a hard-earned business from all forms of harm and loss detrimental to its operations, such as lawsuits, theft, property damage, and employee injury. Corporations, whether small or large scale, need to be secured by business insurance. Read on to determine the types, extent of coverage, and costs of obtaining small business insurance.  Insurance and auto insurance companies face significant challenges in addressing societal trends in services, needs, and technology. Traditional auto insurance, a '120-year-old' established industry, is maneuvering its ways along with the challenges as it faces various generations' demands.
 COVID-19 inflicted greater socioeconomic demands on the part of employees and insurance companies. There has been a workplace shift from office-based to remote/work-from-home locations to protect individuals through social distancing. Various insurance companies and policies have also adjusted to this economic challenge, especially home insurance.
Read this article to find out the different implications of COVID-19 to home insurance and homeowners. |
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