August 1, 2023
You may have heard that State Farm has recently stopped writing new property policies in California. They join a growing list of companies such as Allstate, Nationwide Private Client, Cincinnati, NatGen Premier, Kemper, and many more who are no longer insuring properties. Other companies such as AIG, Oregon Mutual and MetLife are no longer doing […]
July 21, 2023
If your business is the typical small or mid-sized business, you probably have somewhere between $500,000 and $2 million in liability coverage under your business owner policy (BOP) or commercial general liability policy. How does umbrella coverage work with these policies to provide extra liability protection?
July 7, 2023
Underwriters use a variety of metrics to determine what to charge for Employment Practices Liability Insurance (EPLI) and the scope of coverage to offer.
June 17, 2023
Nice to have” insurance policies are policies that not all businesses carry but maybe should carry.
June 2, 2023
One of the most effective and simplest ways of protecting your organization from liability due to contractors’ and subcontractors’ operations is with Additional Insured coverage.
May 19, 2023
In April, Florida’s Governor DeSantis signed a tort reform bill that will have a significant impact on insurance litigation.
May 5, 2023
The technological sophistication of today’s cars and trucks is making them increasingly vulnerable to cyber security threats.
April 19, 2023
One of the major misconceptions about Directors and Officers insurance is that it’s only for publicly traded companies or non-profits. Chubb Insurance recently addressed this and other misconceptions: D&O is unnecessary because your business is privately-owned.Privately-owned companies face virtually the same exposures as publicly traded companies, but private company D&O policies can insure much more […]
April 5, 2023
You’ve heard of celebrities who buy insurance on signature body parts — Keith Richard’s middle finger ($1.6 million), Dolly Parton’s Breasts ($3.8 million), Jennifer Lopez’s butt ($27 million) and Mariah Carey’s legs ($1 billion). These transactions take place in what’s called the surplus lines market. Lloyd’s of London (pictured here) is the most famous entity […]
March 22, 2023
Decisions made by the boards of private companies are not immune from public scrutiny. Security holders, employees, customers, suppliers, competitors, and even the government can sue a privately-owned company and its board of directors. Additionally, as leaders of the company, the directors and officers can be found personally liable for their management decisions. D&O policies […]
