Machine Learning and Your Business

Posted on: January 30, 2017 by Goodrich & Watson

Being a business owner in 2017 means that you have to be familiar with a variety of different lingos and cyber vocabulary. From tweeting to cyber liability to virtual reality, technology has essentially created a whole new world that business owners must master. In addition to these common themes, “machine learning” is evolving and changing […] Read More

Virginia Contractors Insurance: Customized Policies for Your Needs

Posted on: December 22, 2016 by Goodrich & Watson

As a Virginia contractor, you face on-the-job risks every day. The nature of your business presents unique risks that other businesses don’t face. Virginia Contractors Insurance Programs are designed to protect you from these exposures. Depending on the size and type of contracting business you operate, you can benefit from one or all of the […] Read More

The Importance of Contractors Insurance

Posted on: December 15, 2016 by Goodrich & Watson

If you are a carpenter, drywall installer, electrician, landscaper, mason, or any other type of contractor and are not already aware of the importance of Contractors Insurance Programs, you’re jeopardizing your business! Contractors face risks every day, and can be held responsible for myriad liability issues. Insurance is a safety net that can protect you […] Read More

How to Protect Your Business From A Cyber Attack

Posted on: December 8, 2016 by Goodrich & Watson

If you believe that Cyber Liability Insurance is an optional coverage that only giant corporations need, you should reevaluate that belief. Hackers and phishers cast a wide net. The average data breach costs nearly $160 per affected record; so even if you have a list of 100 customers, if their data is compromised that’s a […] Read More

Social Media Marketing Tips for the Holidays

Posted on: November 10, 2016 by Goodrich & Watson

The holiday season is the ideal opportunity for your Virginia Small Business to boost sales, win new customers, and end the year solidly in the black. To achieve success, you’ll need a solid marketing strategy to stand out from the crowd of other small businesses fighting for customers. Heed the following social media marketing tips […] Read More

Identifying Cyber Liability Risks

Posted on: October 27, 2016 by Goodrich & Watson

If you watch or read the national news (or are following the presidential race), you’re well aware that computer hacking attacks have reached epidemic levels. Hillary Clinton’s campaign chairman John Podesta was hacked by WikiLeaks, Russian operatives are suspected of hacking into the Democratic National Committee, and corporate giants including Home Depot, Target, and Ebay […] Read More

Sitting on the Job

Posted on: September 12, 2016 by Goodrich & Watson

As a Virginia business owner, there are certain steps you’ve undoubtedly taken to safeguard your business against a myriad of risks. You probably have a Virginia Business Insurance policy. You may have security cameras to deter theft. You probably have policies and procedures in place to reduce worker’s compensation risks, such as slips-and-falls. There’s one risk […] Read More

The Business Risks of Augmented Reality Games

Posted on: August 31, 2016 by Goodrich & Watson

Pokémon Go has gone viral, acquiring more than 20 million users and amassing more users than Twitter within a few days of its launch. Though this phenomena has taken our culture by storm, there are a few unintended risks that business owners must assess.  As you seek to understand the business risks augmented reality games pose, make sure you stay […] Read More

Business Benefits of an Umbrella Policy

Posted on: August 29, 2016 by Goodrich & Watson

Even though you have all of the typical insurance coverages recommended for small business owners, you may not be as protected as you could be. If you don’t have a Virginia Small Business Umbrella Insurance Policy, you are at risk of exposures that may not be covered by your commercial insurance policy. If you assume […] Read More

Prevent Injuries from Workplace Falls

Posted on: August 12, 2016 by Goodrich & Watson

In some work environments, accidental falls are unusually common. Fortunately, slip-and-fall risks and many others are covered by a robust Virginia Commercial General Liability Insurance policy. According to the National Safety Council, a staggering percentage of worker’s compensation claims stem from fall-related injuries. Here are a few helpful tips to prevent injuries at the workplace. Follow […] Read More

Wearable Technology as a Risk Management Tool

Posted on: July 29, 2016 by Goodrich & Watson

They’re definitely trendy, but wearable technologies are also useful for  a myriad tasks. From fitness trackers to VR headsets, it’s no wonder these devices have taken our culture by storm. However, could employers benefit from exploring wearable technology as a risk management tool? As we discuss how wearable technology can benefit your business, ensure your digital assets […] Read More

Is Your Small Business Vulnerable to Employee Theft?

Posted on: July 27, 2016 by Goodrich & Watson

To reduce risk, your first line of defense as a small business owner is to make sure you have a comprehensive Virginia Small Business Insurance policy. While insurance is a life-saver after an incident or disaster occurs, it cannot prevent unfortunate incidents – including dishonest employees stealing from your business.  You might be surprised by what […] Read More

The Impact of DOL Overtime Rule on Home Healthcare Employers

Posted on: July 13, 2016 by Goodrich & Watson

In May, the U.S. Department of Labor announced new rules designed to protect employees’ interests in regard to overtime compensation. If you’re in the Virginia Home Healthcare industry, the impact of DOL overtime rule could be significant. The most significant change you should be aware of is an increase in salary a worker needs to […] Read More

How to Avoid Common Business Risks

Posted on: June 27, 2016 by Goodrich & Watson

From the moment you open the doors of your Virginia Small Business to the moment you close for the day, and even during off hours, you face risks. In some cases, such as inclement weather or catastrophic accidents, there’s little you can do to reduce certain risks. However, there are other common risks you can prevent. […] Read More

How to Keep Your Data Secure on the Cloud

Posted on: June 2, 2016 by Goodrich & Watson

Cyber security is a hot-button issue for both individuals and businesses. If you’re like a growing number of people, you use the cloud to store photos and documents — the cloud is simply a convenient way to store and share information. The cost of this convenience may be the privacy of your data. A Virginia […] Read More