Because your insurance policy should cover damages from natural calamities that could devastate your property, you want to make sure the policy you apply for meets all your needs. Unfortunately, some property owners find a policy is too confusing to understand but...
Year: 2020
Insurance coverage for wildfire business interruption claims and the impact of COVID-19
Businesses that have to close, or that lose revenues, due to the current wildfires should of course seek all available coverage for those losses under their commercial property insurance policies. Those coverages typically include Business Income protection against...
Why do business owners want to avoid litigation?
California business owners like you must prepare to face disputes in the future. Even if one never happens, it is good to not get taken off your guard. This means looking through dispute resolution methods available to you. Litigation is one of these methods. In...
Understanding the geological effects of earthquakes
California residents recently awoke in the early morning hours to the all-too-familiar shakes of an earthquake. According to USA TODAY, a series of earthquakes recently hit the San Fernando Valley, an area ripe with fault lines. The temblors’ magnitudes reportedly...
How do arbitration and mediation compare?
California business owners like you do your best to avoid disputes. Unfortunately, it is a big risk of running a business. Not everyone will get along. Even established partners can have disagreements and arguments at times. So where does that leave you? Having a big...
What professional duties do accountants owe?
A certified public accountant may perform many services for you, such as personal financial planning, wealth management, investment advisory and tax planning. An accountant can also assist with audits and attestation. According to the CPA Journal, accountants owe a...
Does your California business need flood insurance?
While California law does not require business owners to have flood insurance, this type of policy can protect your livelihood. However, it can be difficult to determine how much coverage you need and whether your location has a significant flood risk. Review these...
What are lawyers’ responsibilities to their clients?
If you hire a lawyer who fails in his or her professional obligations to you, you have the right to seek damages due to legal malpractice. However, if you do not know exactly what your lawyer's responsibilities to you consist of, it becomes more difficult to determine...
What are common business disputes?
Not everyone gets along all the time in the business world. When discord arises within or between companies, it may result in a court appearance. Regardless of your experience in the business world, it never hurts to review some common disputes that may occur. Having...
Contention arises regarding business interruption claims
It is typical for a business that pays a monthly premium for property insurance to place a claim when property damage occurs, but ultimately it is up to the insurance company to determine whether or not the claim should be paid out. When something happens and an...