RMS Blogging Team

25
Aug

How Restaurants Are Responding to the COVID-19 Crisis

The American restaurant industry was among the sectors that suffered the brunt of COVID-19. Although many restaurants have still not reopened to date, some have resumed operations, albeit cautiously. For instance, instead of the regular communal table, some restaurants have adopted one-person tables to ensure social distancing. Here’s a look at how different restaurants are adapting to the COVID-19 crisis:

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18
Aug

What Does Workers’ Compensation Insurance Pay If You Leave a Job?

In most states, employers need to have workers’ compensation insurance. This program facilitates compensation for employees who get injured or fall ill while working for their employer. Whether you’re injured in the office or field, you’re entitled to workers’ comp benefits so long as your suffering or loss resulted from an on-the-job incident. However, as discussed below, you may miss

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11
Aug

Adult Nightclub Insurance: An Overview

Due to the nature of their operations, nightclubs are prone to third-party liability claims stemming from accidents and injuries. Moreover, if third-party property damage or injuries occur at your nightclub, the authorities will likely hold you liable. Take note that third-party liability claims can potentially plunge your nightclub business into financial ruin, as well as cause you to lose your

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4
Aug

5 Effective Strategies to Increase Traffic to Your Bar During Summer

During summer, travel and tourism are at their height, with more and more people going to pubs and taverns to have fun and socialize. As the hospitality and tourism industry prepares for a post-pandemic rebound, adult nightclubs and jazz clubs are opening up for people to relax and have a great time. As a business owner in this industry, you

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28
Jul

What Is Nightclub Insurance & Why Do You Need It?

Because of the unique nature of the business, nightclub owners need to have a good liability insurance policy in place to protect them from a variety of events and accidents. Any place that serves alcohol carries a higher level of risk than venues that do not. Understanding those risks and the role you play in preventing potential accidents is important.

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21
Jul

The Basics of Bar Insurance: Understanding Your Coverage Needs

As the owner of a bar, you are aware that a disaster could happen at any moment. Perhaps one of your employees is having a bad day, and they break some of your equipment or vandalize the property. Perhaps, you sell alcohol at the bar to the wrong patrons at the wrong time. Suddenly, those patrons are involved in an

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14
Jul

Insurable Vs. Uninsurable Intentional Acts: What You Need to Know

Generally, intentional acts that cause damages are not covered by insurance. Many jurisdictions have regulations prohibiting coverage for acts undertaken intentionally, with the intent to cause harm. Society does not promote criminal actions by allowing a wrongdoer to go scot-free. If all intentional bad acts were insurable, that would allow offenders to profit by transferring the financial responsibility for damaging

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7
Jul

Tips to Protect Your Employees from Common Restaurant Injuries

The restaurant business is one of the riskiest businesses due to the physically demanding and high-pressure conditions that are common to these establishments. Workplace injuries can spell severe financial loss for any restaurant owner. Statistics show that an average of 4 workers’ compensation claims are filed annually per restaurant, with the average cost of such claims being about $50,000 per

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24
Jun

How COVID-19 May Impact the Future of Nightlife Entertainment

Enforcing social distancing and other measures because of the coronavirus pandemic has impacted bars and other nightlife entertainment. The fear among many owners is that the damage is irreversible. Eventually, things will return to some normalcy, but will the nightlife entertainment industry ever be the same? COVID-19 has caused significant damage to the nightlife industry due to social distancing guidelines,

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COVID-19 UPDATE:

At RMS and associated firms, business continues as usual. Our staff is remote-capable and available to handle all partners, brokers, and insureds at the present time. Contact us today!