Insurance Insights

Medical billing is a service provided by experienced individuals who have proper education and training. Someone who is responsible for medical billing will help to process insurance company claims as well as providing other billing services for healthcare providers, private doctor offices, hospitals, and other clinical environments. Medical billing is often combined with medical coding, which is the transformation of procedures and official diagnose into universal medical codes used for tracking diseases and billing insurance companies. Companies providing medical billing services are open to a variety of risks including professional liabilities such as mistakes made that lead to loss or damage for the patient or insurance company, as well as general business risks. Protect these risks with medical billing services insurance.

Supply chain problems can create big problems for your small business. That’s why it’s so important to take steps now, when things are fairly good, to minimize your exposure to risk. Risk is part of doing business. It’s the price you pay for competing on the local and/or global stage. However, minimizing risks – especially supply chain risks, helps you enjoy greater success in business. Making the right moves now can save you a great deal of time, stress, and pressure in the future.

The improvements in the economy over the last several months tended to have a positive impact on the beliefs that small business owners had for the future of their companies, but that trend came to an end in March.

These days, there is a wide variety of fun and exciting mobile devices available to businesses and consumers alike, all with their own options for how they can best be used to a company’s betterment. However, some experts say that there is too much of a good thing when it comes to using these devices.

Engineers are responsible for the design and development of a variety of machines, structures, instruments, materials, systems, and processes. They can be classified as a chemical, electrical, civil, aerospace, environmental, mechanical, or other engineer. Some engineers work as independent contractors, while others work for engineering companies. Regardless of your preference, you need business insurance. A variety of risks are associated with being an engineer, including making a professional mistake that costs your client damage or a delay in their own business. While this is the biggest risk, it is by far not the only one. You should protect all risk exposures by choosing the right types of business insurance for engineer.

Bagel shops are small shops selling not just bagels, but an assortment of delicious baked goods. Many bagel shops sell a medley of bagels and cream cheeses, along with sandwiches, pastries, soups, salads, snacks, and other deli-style foods and drinks. Bagel shops typically have tables and chairs inside and outside the shop for customers who prefer eating at the shop. As the owner of a bagel shop, you can enjoy running this fun business as long as you pay attention to your potential risks. You are at risk for a variety of liabilities, such as food items that cause illness to a customer, spoiled goods, or spills inside the shop. Protect your risks by obtaining the right kinds of bagel shop insurance.

The White House has signed off on a plan requiring all cars and trucks manufactured in the future to come equipped with event data recorders (EDRs), or black boxes. Current estimates are that92 percent of vehicles today are already equipped with EDRs.  One expected change is that the new regulations requiring that all data is easily accessible and standardized from one manufacturer to another. Proprietary formats cause problems when attempting to access information quickly.

Nightclub fires continue to be a growing problem throughout the world, with hundreds of people being at risk and experiencing fatalities during a fire, not to mention millions of dollars in property damage. Causes of nightclub fires vary, but letting in over-capacity crowds, not having enough exits, and kitchen hazards being tops on the list. Recent well-publicized nightclub fires in Brazil and Warwick, Rhode Island, both had a too-crowded nightclub as a common factor for lives lost. Further, because of the alcohol in the building, fire is a significant risk in any nightclub.

While credit has certainly become more available in the last few years since the end of the recent national recession, many small businesses may not have all the access to the lending they might want or need. This, in turn, could be problematic for many of the nation’s banks that accepted taxpayer bailouts.

Dog trainers are responsible for training dogs of all ages and of many breeds. A dog trainer may be responsible for puppy classes, obedience training, agility, and specialty training classes for dogs with specific behavioral problems. There are also dog trainers with special experience, such as those who train guide dogs, also known as service dogs, to help those with disabilities. Some dog trainers work from their own business premises, while others will visit the client’s home.