Category: Business Insurance

Corey Johnson targets Scaffold Law in plan to fix MTA

Council Speaker Corey Johnson has targeted a sacred cow in his plan to reform the MTA: New York’s much-maligned Scaffold Law, which critics say boosts insurance costs for transit projects and on other construction in New York State by hundreds of millions of dollars. The Scaffold Law assigns 100 percent liability on owners and contractors for workplace injuries — without considering whether the worker is... Read Article

How to Control Workers Compensation Costs

Workers compensation has become a major contributing factor to the cost of business insurance. Premiums are high for many types of businesses, and the additional costs associated with employee injuries can be staggering. However, business owners are not as helpless as they may feel in controlling the cost of workers compensation insurance. Our knowledgeable agents at 5Boroughs Insurance Agency in Staten Island, New York are... Read Article

Prepare Your Office for the Summer Heat

Working in a hot office all day can affect employee morale and productivity. It makes sense for business owners to prepare in advance for scorching summer days. The following tips can help you beat the heat and create a more comfortable office environment. Make Sure Your HVAC System is in Top Running Order When temperatures are climbing, an efficiently running HVAC system can make all... Read Article

Make Sure to Insure All Aspects of Your Business

The minute you start a business, you are immediately exposed to certain risks. The importance of having the right business insurance cannot be overstated. Our knowledgeable agents at 5Boroughs Insurance Agency in Staten Island, New York can help you fully assess your business insurance needs and find the right coverage at the best available rates. Types of Business Insurance Businesses today have a wide range... Read Article

What Is Bonding & Liability Insurance?

Surety bonds ensure that a project is completed as agreed Small business owners that want insurance for mistakes, accidents or work stoppage problems that can occur during the course of operations have a variety of types of coverage to consider. Surety bonds ensure that a project will be finished and are widely used in the construction industry. Liability insurance covers damage, injuries and other problems... Read Article