Category: Commercial Insurance Basics, Workers’ Compensation, Small Business Compliance, State Requirements and Regulations, Employer Liability If you’ve hired your first employee, you’ve probably already run into the phrase “workers’ compensation required.” It shows up on payroll setup checklists, business license…
If you’re applying for a license, bidding a contract, or starting a regulated business, you’ll eventually see the phrase “surety bond required”. People often call it “bond insurance,” but a surety bond works differently than an insurance policy. The purpose…