Business Insurance Forum

As a single owner LLC, my insurance agent told me that i had to carry workmans comp in the state of nj.i have never had any employees and i just recently found out that i did not have to carry the wc policy,for 13 years i had paid into wc with no claims,im very aggravated and want to know if i can sue him

Can anyone specifically reference in the CA labor code or specific statute where it states that $1,000,000 of Employers' Liability (all three coverages) is required?

I use a utility trailer, that I rent, place my gear in that and haul with my truck.

do insurance companies check credit

Can someone help me find a company that will take the risk and write me insurance to elevate homes

Who needs business building insurance?

What sort of insurance will I need for an online business? The business will involve working from home (online), having a custom product made in China and selling it to the customer in Australia.

Storage Solutions is getting popularity and with it many problems can be sorted out regarding storage which is facing by people on selection of hosting provider, now this forum will help people to get solution on there queries.

I have a healthy living company and am starting to offer "cleansing programs" to my clients as one of my services. A catering company is going to be preparing the food for me, do I need insurance for this as well if the caterers have insurance?

Anyone know what kind of licensing I need for this too? I'm in NYC.

Thanks!

IRS Audits Focus on Captive Insurance Plans
April 2011 Edition

By Lance Wallach

The IRS started auditing § 419 plans in the 1990s, and then continued going after § 412(i) and other plans that they considered abusive, listed, or reportable transactions, or substantially similar to such transactions. If an IRS audit disallows the § 419 plan or the § 412(i) plan, not only does the taxpayer lose the deduction and pay interest and penalties, but then the IRS comes back under IRC 6707A and imposes large fines for not properly filing.