3 Financial Benefits of Forming a Captive Insurance Company

A comprehensive risk management plan encompasses many strategies, including forming a captive insurance company to protect against losses and bridge gaps in coverage. When companies opt to add captive risk management solutions, they also financially benefit in three key ways. Tax Incentives Businesses that utilize captive insurance are able to deduct premiums paid to it…

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Online Driver Training for Nonprofits

Putting volunteer drivers on the road involves an inherent level of risk. Nonprofit organizations need to mitigate this type of liability exposure to the fullest extent possible. In addition to applying careful screening policies and maintaining comprehensive insurance, training can make a big difference in how your organization effectively manages risk. An online training platforms…

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How to Decide Between an HOA or Condo Association

Many developments use either a Condominium Owners Association (COA) or Home Owners Association (HOA) to help manage the property and surrounding area. Often homeowners or renters must pay a monthly or yearly fee to fund the association and potential improvements. So, how do you choose a condo association vs. HOA? Here a few things to consider…

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Boat Fuel Vents 101

Do you know what kind of fuel vent your boat has? Don’t feel bad if you don’t. New boat owners may not even know their boat has this piece of hardware, much less what kind it is, or where it is located. Here are the basic facts you need to know. Purpose The purpose of…

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Vessel General Permits

A vessel general permit is required for most vessels traveling in U.S. waters. The only exception is recreational vessels or small commercial fishing vessels. The Environmental Protection Agency put VGP requirements into effect to protect waters from any vessel that discharges pollution. Understanding if these permits affect you is critical for any business taking to…

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Cybercriminals Taking Advantage of COVID-19 Confusion

During the global coronavirus pandemic, when many people are trying to cooperate to ease suffering, cybercriminals are trying to capitalize on the confusion. With harried staff working long hours in demanding and difficult situations as well as more people working from home, IT security experts and Microsoft warn of increased numbers of healthcare cyber-attacks due…

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