Ensuring: The FBinsure Blog

Often times people think that the Condo association’s master policy is covering the building and they do not need to purchase any separate coverage for themselves.

In order to determine what you, as a unit owner, are responsible for in your condo you must obtain a copy of the bylaws, master deed, and trust for your condo.  These documents outline exactly who pays for what in the event of a loss.  The agent that is writing your individual unit owner’s policy needs to review this information to design your coverage to

Accidents happen. No matter how careful you are. No matter how many safety meetings you have. No matter how many safety modules you make your employees watch, accidents can and will happen. This is the reason you have workers’ compensation insurance. This insurance pays an employee’s wages and medical bills if they are injured at work. Work comp is a great benefit, but it’s not perfect. There are things you, as an employer, can do to get the most out of your workers’ compensation coverage.

When An Injury Occurs

When an employee

The Act’s Facts

Effective 1/1/2020, the Fair Labor Standards Act (FLSA) is updating the exemption rule for overtime eligibility. The last time they made a change was in 2004 and estimates project over 1.3 million employees will become eligible for overtime pay. So, just what are the new thresholds for exempt and non-exempt employees:

Employees earning at least $684 a week, or $35,568 per year, will be exempt from overtime pay for any hours worked over 40 in one work week. Previously, the threshold was $23,660 per year.
The total annual compensation level

What is employment practices liability insurance?

Known in the insurance industry as EPLI, employee practices liability insurance provides coverage to employers against claims made by employees alleging discrimination (based on sex, race, age or disability, for example), wrongful termination, harassment and other employment-related issues.

A risk that impacts everyone!

Business leaders make decisions each day on a range of issues including things like hiring, firing, compensation, promotions and the work environment. Every one of these decisions impacts your employees and, depending on the outcome, could result in a claim related to wrongful employment

We are excited to announce that this month’s Jeans Day is put on by first-time time host, Matt, from our Client Experience Coordinator team. He decided to go with a charity that is close to his heart. His sister runs a charity called Haunts for Hope that donates to the Boston Children’s Hospital. She founded this charity in honor of her daughter who was diagnosed with Hashimoto’s Disease. Please read the bio below that Matt’s sister wrote for the charity and about the disease.

Last year, my 10 year old daughter

You won’t find our team in the office today. At FBinsure we like to believe we understand the protection of precious things but understand certain protections only go so far. Today we observe Veteran’s Day to honor those who have answered this country’s call to defend and protect our great nation.

Our team includes those who have served proudly and family members who have made the sacrifices at home. We appreciate them every day, but today we take a special moment to express our gratitude, to them and all veterans, for

Read the title above.

The answer? Yes.

End of blog.

Well, ok, not the end. Here’s the deal. Cyber attacks are hitting all industries and the shockwave is always felt across an organization’s bottom line, and marketplace reputation. Industry research tells us that 70% of businesses are unprepared to deal with a Cyber Attack. On top of that, the average cost of cyber-attacks on businesses is $1,050,000 per year. Being unprepared in this space will have a tremendously negative impact on the bottom line of your burgeoning business.

As a cannabis industry business you

Once again this holiday season our Jeans Day program is sponsoring The Holiday Hope Project. Previously having sponsoring Christmas Wishes until they closed their doors, we searched for similar organizations that provided gifts, food, and supplies to under-privileged families that would have otherwise been in need during one of the most joyous times of the year.

In 2016 we found The Holiday Hope Project Child & Family Services, Inc. of New Bedford that allows us to “adopt a family” for the holidays.  Child & Family Services Inc. is a 501c3 organization

If your organization handles critical assets such as customers’ personal data, intellectual property or proprietary corporate data, you are at risk of a data breach. It doesn’t matter if you are a Fortune 500 company or a small “ma & pa” shop—cyber thieves are always looking for their next score. It is often assumed that smaller businesses can escape attention from cyber crooks, but according to industry experts, an increasing number of data breaches are occurring at companies with fewer than 100 employees. No company of any size is completely

This week, members of our team attended HubWeek 2019 Fall Festival. HubWeek was founded in 2014 by the Boston Globe, Harvard University, Massachusetts General, and MIT on the “simple belief in the power of the people of Boston to build a better future.”

In their 5 years, HubWeek has played host to speakers ranging from Senator John Kerry, entrepreneur and social activist Scott Harrison, to New York Times columnist Maureen Dowd.

This year’s theme is “The Pursuit: of change, of inspiration, of connection, and of the unknown” through disrupting an industry. So