Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

Workers Comp Premium Calculation Change Due to COVID-19 Crisis

  Important news for any business that has furloughed employees during the COVID-19 crisis, yet has continued to pay them while not working:   National Council on Compensation Insurance (NCCI) has proposed a temporary rule change to allow those payments to be excluded from premium calculation provided the employer keeps "separate, accurate, and verifiable records." Those payments would also be excluded from the experience modification...

Why Business Income Losses Associated with Coronavirus Are Largely Uninsured

Even before the recent news of the first confirmed cases of COVID-19 (coronavirus) here in Montgomery County, MD, local businesses both large and small had already felt, in one way or another, the virus’s impact. As an insurance agent specializing in small to mid-sized business property & casualty coverages, I’m fielding more and more questions from concerned clients wondering how their insurance policies may respond...

C. Clifton Veirs Agency selects Continuity Dynamics and Stay In Business for Business Continuity Planning to complement Disaster Recovery Backup

For Immediate Release   May 30, 2017, Rockville, MD  – C. Clifton Veirs Agency, an independent property, casualty, life and surety agency serving the Greater Washington, DC Metro Area, has concluded a partnership agreement with Continuity Dynamics, Inc., a national risk and disaster preparedness firm, to deliver solutions to complement their clients' Disaster Recovery data backup with Business Continuance Planning. This cost effective, yet essential,...