Why your employees' driving record can be a reflection on your company

    Posted by Soules Insurance on Mon, Nov 6, 2017

    You’ve seen it before – a good employee makes a horrible decision in his or her personal vehicle. What are the implications for your company if the employee’s license is revoked, canceled, or suspended due to alcohol, controlled substance or felony violations?

    As an employer, you are caught in the balance between a good employee and the potential for vicarious liability, which holds you responsible for the actions or omissions of another person – in this instance, your employees.  As a result, you need to understand the “Doctrine of Negligent Entrustment” and the potential impact that your employees’ decisions can have on your business.

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    Tags: Business, Driving Record, Company, Doctrine of Negligent Entrustment, Negligent Entrustment, Employees, Protect Your Company

    What Does Bonded and Insured Mean?

    Posted by Warner Phelps on Fri, Aug 11, 2017

    Pay close attention as you drive the busy freeways and you'll likely find that many service trucks advertise the promise of "bonded and insured" on their doors. But what does that really mean? If you hire a roofer that is bonded and insured, what does that really get for you? 

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    Tags: Business, Car Insurance, Business Interruption Insurance, Liability Risks

    Overtime Rule Blocked by Federal Court

    Posted by Soules Insurance on Mon, Nov 28, 2016

    On Nov. 22, 2016, a federal judge in Texas issued a preliminary injunction, halting the enforcement of the Department of Labor’s (DOL) new overtime rule until further notice. The rule, which was set to take effect on Dec. 1, 2016, would have increased the salary threshold for the “white collar overtime exemptions" to $47,476 per year.

    The judge’s ruling gives employers across the country a reprieve from having to raise salaries for exempt employees to the new threshold or pay them overtime.

    However, an appeal of the ruling is possible. The DOL said in a statement that it was reviewing the court's order and considering any next steps.

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    Tags: Business, Overtime Rule, Federal Court, Employers