At Veracity Insurance Solutions, we often hear our clients say how overwhelmed they feel when trying to select an insurance provider for beauty or cosmetic products liability. While this type of insurance is a little more complicated than your typical product liability policy, with a provider who specializes in this industry the process is easier. In order to help alleviate some of the stress associated with finding the right policy, here are some tips and guidelines for choosing a policy that best fits your business’s needs.
Make Sure You Get the Coverage You Need
When looking for an insurance provider, individuals are often inclined to choose the most affordable option. While budget is definitely an important aspect in selecting a policy, affordability shouldn’t be the
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This past year, several large companies including Linkedin, Zappos, LivingSocial, eHarmony, and Yahoo! all became victims of cyberattacks resulting in the loss of millions of dollars. Maybe even more importantly, the cyberattacks also meant that millions of people had their private information stolen. While one might think that it’s only the large companies that are in danger of these types of cyber risks, a recent study done by Verizon Communications Inc found that 72% of the reported data breaches happened to small businesses. This is an alarming number!
What many business owners don’t realize is that general liability insurance typically doesn’t cover the risks associated with cyberattacks. With the majority of personal information being stored
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More and more people are trying to live healthier and become more active. Many activities that individuals and families are engaging in are being enjoyed in the great outdoors. Activities that continue to grow each year include zip lines tours, challenge courses, climbing walls, and other guided tours such as hiking, mountain biking, mountain climbing, and camping.
With all of these activities come some inherent dangers ranging from sprained ankles to head injuries and even death. Injuries seen in the outdoor recreation industry generally include things like hands get
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Post Updated: 11/30/18
Artisan, general, and specialty contractors have seen dramatic changes within their industry over the past decade. Along with these changes and projected growth of the contracting and construction business, the demand for high-risk coverage grows as well.
A recent article in National Underwriter highlights that insurance prices for the construction business have increased by 10–15 percent. This can be attributed to the increase of commercial auto rates due to “the spike in auto accidents and concerns about construction defect claims in areas hit hard by last year’s hurricanes.”
Contractors have had their processes altered through legislati
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In November 2012, Daryle Stafford, President & CEO of Veracity, traveled to Mombasa, Kenya to build and open two new schools in cooperation with the Koins for Kenya Foundation in the villages of Peku and Vikolani. With the help of the people of Peku and Vikolani, students now have a new environment for learning.Prior to the new Veracity school, students would meet beneath an old Umbrella Thorn tree. Now, desks provide an alternative to sitting on the dirt, and walls and a roof provide shelter from the elements, allowing school to happen even on rainy days. The Veracity school and the supplies provided contribute to a safe learning environment in which children will come to participate and prosper.
Watch our video for details on how the schools were built and for a special message from Daryle Stafford. We look forward to more opportunities in 2013!
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