Owning your own business comes with a bounty of rewards and advantages, but it can also come with a high level of risk, particularly if you have employees on your worksite. Regardless of the industry and levels of training, employees can and do get hurt on the job every day, creating serious liability issues for employers. Workers Compensation insurance makes payments to injured employees for lost wages and medical expenses related to workplace injuries, while also shielding employers from both covering these expenses out of pocket and costly lawsuits.

Compared with other areas of the country, Houston has long enjoyed a strong and growing economy due to the diversity of our industries and business-friendly tax laws. Because of our robust economic growth, businesses must compete even more with their competitors to gain an edge and win a larger share of their market. One way that businesses can stay ahead of their competitors is by a full range of quality commercial insurance.

The needs of a business can change dramatically as the business grows, adds services, and makes improvements. Over time, these changes can impact a company's liability risk and commercial insurance coverage. Unfortunately, some business owners do not realize that some company changes warrant the need for updating coverage amounts and policy protections. In today's blog post, we look at three common changes that make updating commercial coverage necessary.

During the holiday season, business owners often plan team-building exercises and company functions to celebrate the company’s successes, reward hardworking employees, or serve the local community as a team.  However, sometimes company functions can get out of hand when employees celebrate a little too much, or they are injured while participating in an event, creating a potential Workers Compensation issue.