We Are BHI

By | Business Insurance, Employee Benefits, HR Services, Personal Insurance, Safety Services

We are BHI

An independent insurance agency that provides Insurance,
Benefits, Human Resources, and Safety Solutions
to businesses and individuals in
the mid-Atlantic and beyond.

 

 

We’re here when you need us most.
Call, email or stop by.
111 Ruthar Drive
Newark, DE 19711
Phone: 302-995-2247
Fax: 302-995-2220
Insurance@BHI365.com

 

Is Employment Practices Liability Insurance Necessary?

By | Business Insurance, Specialty Insurance

From hiring new workers to assigning duties, each of your decisions affects employees in a unique way. Although these actions are critical to running your business, they also create exposures that could lead to costly claims by employees or governmental regulators. Even if they are not warranted, claims for wrongful employment practices can disrupt operations, damage your business’s reputation, hurt employee morale and negatively impact your bottom line.

Thankfully, businesses can rely on employment practices liability (EPL) insurance to protect against a wide range of wrongful employment practices claims, including wrongful termination, discrimination, sexual harassment and retaliation.

Claims Scenario: Litigation Frustration

The company: An auto dealership that relies heavily on the performance of its salespeople

The challenge: An auto dealership employs a number of salespeople who, when performing at a high level, contribute greatly to the company’s bottom line. One such salesperson, who had put up great numbers in the past, saw a marked decline over the last few years. In addition, this salesperson had become increasingly hostile toward customers.

After frequent warnings and poor performance reviews, the salesperson was let go. However, this salesperson quickly fired back with a wrongful dismissal lawsuit, claiming they had been fired based on their age. Cases like these often fetch well over $100,000.

EPL insurance in action: One of the key benefits of EPL insurance is how it responds to actual and alleged acts. In the example above, EPL insurance can provide ample defence cost coverage, which, in turn, protects the organization and its directors and officers. What’s more, the type of claims EPL policies respond to are vast. In fact, EPL insurance can help organizations fight claims related to breaches of contract, wrongful terminations and non-compliance with employment laws.

Claims Scenario: Take All Complaints to Heart or Get Taken to Court

The company: A small health club with only a few employees

The challenge: A local health club employs just 10 workers, most of whom are male. While the staff members seem to get along from the employer’s perspective, one of the female trainers expressed private concerns to her manager.

Specifically, the female employee felt uncomfortable with the way her male peers spoke to each other when they were around her. In addition, she felt that she was unfairly overlooked for a recent promotion due to her sex. Because the employer felt this employee wasn’t being treated any differently, they didn’t take any corrective action or address any of her behavioral concerns. As a result, a sexual harassment lawsuit was quickly filed against the company.

EPL insurance in action: Sexual harassment cases are becoming increasingly common and can affect businesses of all sizes. While organizations need to take reports of harassment seriously, EPL insurance can help organizations respond effectively to claims. Furthermore, many policies provide additional resources companies can use to boost their risk management practices. Notably, EPL insurance can connect businesses to human resources consultation, which can be invaluable when avoiding legal action.

Learn More About EPL Insurance

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 practices.

Claims for wrongful employment practices are on the rise and often lead to business interruptions and costly claims. In order to truly protect your organization, it’s critical to seek EPL insurance. To learn more, contact your insurance broker today.

Benefits of EPL Insurance

  • Coverage for alleged acts — EPL insurance not only protects organizations from actual wrongful acts, but alleged acts as well. Specifically, EPL coverage can safeguard an organization from claims related to discrimination, harassment, retaliation and wrongful termination.
  • Timely responses to lawsuits — Employees suing their employers is common, and organizations will want to be prepared. This is especially important when you consider that there is no cap on how much a jury can award and that settlements in employment-related cases can easily reach six figures.
  • Access to legal help — Strong EPL policies provide the insured with access to legal resources. This can prove invaluable if you need advice quickly.
  • Risk management strategies — While employment-related lawsuits can arise at any time, organizations that take the time to implement basic risk controls are better equipped to avoid claims altogether. Many insurance companies provide access to risk management training and human resources consulting. These services can greatly reduce the likelihood that your company is sued by an employee.

 

Talk to an Expert
B+H Insurance, LLC
302-995-2247
http://bhi365.com/

 

 

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The Importance of Social Media in Business

By | Business Tools

It’s safe to say social media isn’t going anywhere anytime soon—millions of people around the world use social media on daily basis. Even more importantly, it has become a daily business function for sales and marketing departments, and a powerful tool for reaching new customers and increasing brand awareness as it has never been easier. My name is Logan Worsh; I have been with BHI for a few months now as a Client Experience Specialist and have been handling their social media platforms. See below for what I have found to work best during that time.

Showing Authenticity

Businesses are run by people, and your customers want to see who these people are! Any company can pump out hundreds of social media posts about who they are and what they do, but no one wants to see that. SHOW us who you are, don’t tell us. Having a company party? Let’s see a group shot of you having a good time. Are you volunteering locally? Let’s see who you are supporting and how! From personal experience, posts celebrating our team and showing off behind-the-scenes perform twice as well as some of the more business-related, corporate posts.

Connecting with Customers

Nobody wants to wait for a response, and nowadays we don’t really have to. Social Media bridges a gap in communication that a lot of businesses didn’t know they had. Many social media platforms add a unique way to connect with a business. Are you happy with their service? You can tag them in a post about your appreciation. Did you have a bad experience? Send them a message with feedback so they can improve. There are many ways to connect with customers, but never any as seamless and simple as social media.

Opportunities for New Business

We all want new business, and social media presents the perfect opportunity for that in a few ways:

  • Better Search Engine Results (SEO)
  • Marketing
  • Increased Brand Awareness

Every business wants their name on top of any Google search. SEO is how that is accomplished. The more relevant keywords you use in your articles, blogs, Instagram, and Facebook posts, the higher chance of your website showing up on top. SEO is a huge opportunity for many businesses because it is not an advertisement. People are significantly less likely to click on ad to view a website, but if your website is up right after the ad your chance of getting views is much higher. Brand Awareness is another opportunity within social media. It helps identify distinctive qualities and an image that customers and clients are familiar with. At the end of the day, much of social media is free marketing, and a quick and easy way to promote your brand, product, and services.

cyber liability insurance

Cyber Risks & Liabilities

By | Business Insurance, Specialty Insurance

Spear Phishing

“Phishing,” a type of cyber attack in which a hacker disguises himself or herself as a trusted source online in order to acquire sensitive information. It is a common and technologically simple scam that can put your employees and business at risk. However, more resourceful criminals are resorting to a modified and more sophisticated technique called “spear phishing.” This technique uses personal information to pose as colleagues or other sources specific to individuals or businesses.
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Trouble Recruiting and Keeping Talent? Your Skimpy Health Insurance Is a Likely Cause.

By | Business Insurance, Employee Benefits

The most important decision your company will make for its bottom line just might be the health and wellness program it chooses.

Annual global health spending is now over $3 trillion — and growing rapidly. A good portion of that is driven by millennials, who have both a strong interest in personal wellness and, thanks to the Affordable Care Act (aka, Obamacare), an 86 percent coverage rate (more than 50 percent through individual plans, their parents’ plans or Medicaid). For those in or entering the job market, health insurance is an expectation.

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New Jersey Enacts Paid Sick Leave

By | Business Insurance, HR Services

On May 2, 2018, New Jersey Governor Phil Murphy signed the Paid Sick Leave Act into law. The Act will require virtually all employers to provide paid sick leave to employees, effective Oct. 29, 2018. Under the Act:

  • All New Jersey employers must provide paid sick leave to their employees;
  • Employees will accrue one hour of paid sick leave for every 30 hours worked, up to 40 hours per year; and
  • Employees must be paid for paid sick leave at the same rate (and with the same benefits) they normally earn.

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Is Your Company Liable for Business-Related Vehicle Accidents?

By | Business Insurance

Regardless of the industry you operate in, it’s likely your employees need to operate vehicles for tasks like client visits, product deliveries, and product pickups. While larger organizations often provide insured company vehicles to their staff for daily use, small and medium-sized business often don’t have that luxury.

If employees use personal vehicles for business-related activities and get into an accident, your organization could be held liable. That’s why it’s critical to have non-owned auto liability insurance, which can provide the following benefits:

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Maryland Passes Paid-Sick-Leave Law

By | Business Insurance, HR Services

Maryland’s New Sick and Safe Leave Law under the Healthy Working Families Act

Effective February 11, 2018, Maryland employers must provide sick and safe leave to their employees, as state legislators recently voted to override Gov. Larry Hogan’s veto of the Healthy Working Families Act. With some exceptions, businesses in the state with 15 or more employees will have to provide up to 40 hours of paid sick leave to workers each year, and those with fewer employees must provide the same amount of time as unpaid leave. The leave may be used to care for the employee’s own or a family member’s mental or physical illness or injury, parental leave, or issues related to domestic violence, sexual assault or stalking.

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Post Your OSHA Injury Summary by Feb. 1

By | Business Insurance, Safety Services

Reminder: Employers Must Post Injury/Illness Summary Beginning February 1

Posting Requirement

OSHA reminds employers of their obligation to post a copy of OSHA’s Form 300A, which summarizes job-related injuries and illnesses logged during 2017. Each year, between February 1 and April 30, the summary must be displayed in a common area where notices to employees are usually posted. Businesses with 10 or fewer employees and those in certain low-hazard industries are exempt from OSHA recordkeeping and posting requirements. Visit OSHA’s Recordkeeping Rule webpage for more information on recordkeeping requirements. Read More

Benefits of Crime Insurance

By | Business Insurance

If you are a leader within your organization, you want to trust your employees and the people you do business with. However, no business is immune to the threat of crime and fraud. The Association of Certified Fraud Examiners estimates that a business can expect to lose 5% of its revenue to fraud each year. Thankfully, companies can turn to crime insurance, which can provide the following benefits:

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Notice: Our office will be closed Monday May 27th. We will resume normal business hours Tuesday May 28th. Click to make a claim.