This month’s Business Bytes highlights online protection, insurance coverage litigation, and non-compete agreements.
Online Protection. As your business’s online presence on various social media platforms increases, so do the various risks and liabilities that may not be covered by your commercial general liability insurance. As that risk of liability increases you should evaluate the need for specialized insurance covering more than CGL policies or addressing their exclusions. READ MORE
Insurance Coverage Litigation. Calculating what to do if your insurance carrier denies or refuses coverage of a claim, defends only under a reservation of rights, or initiates coverage litigation is complex. You need to evaluate not only the probability of success and the cost of litigation, but also your defense of the initial claim. Your decision should be guided by experienced counsel. READ MORE.
Non-Competition Agreements. While the Federal Trade Commission’s ban on non-competition provisions in employment agreements is currently struck down, many states, including Illinois, also have restrictions on their use and penalties for their misuse. Be sure your employment and employment termination agreements are in compliance. READ MORE.
