Cyber Liability and Data Breach Insurance

| Business Insurance, Data Breach, Insurance Claims, Insurance education, Risk Management.

Nearly every business collects information from their customers.  Some of that data is fairly innocuous – names, addresses, email address, etc.  However, other information is much more sensitive, such as credit card numbers, social security numbers, birth dates and other personal financial information.  In addition, information about new products, patents, trademarks or other intellectual property might… Read more »

The Nevada Insurance Commissioner: A Consumer Friendly Watchdog

| Auto insurance, Business Insurance, Earthquake Insurance, Flood Insurance, General Liability Insurance, Homeowners Insurance, Insurance Claims, Insurance education, Risk Management, Uncategorized, Workers Compensation Insurance.

Overall, most consumers are satisfied with their choice in insurance companies.   Studies by JD Power and other organizations (including the insurance companies themselves) show that about 94% of customers are happy with the outcome of a claim.   The insurance industry is very sensitive to public perception and works diligently to provide a positive claim and… Read more »

The Damage to Property Conundrum

| Business Insurance, General Liability Insurance, Insurance education, Risk Management.

The Commercial General Liability policy is an interesting bit of insurance literature. It starts with a one-page insuring agreement that explains the policy will provide coverage for “bodily injury” or “property damage” claims for which the insured is legally obligated to pay. Subject to the actual policy limits, the insuring agreement appears very broad and open. However,… Read more »

Employment Practices Liability Insurance

| Business Insurance, Insurance education, Risk Management.

Business owners have plenty to worry about in this economy, especially just keeping the doors open.   Employment practices liability insurance, or EPLI, can eliminate the worry of an employee lawsuit related to hiring, firing or sexual harrassment. Types of Employment Lawsuits In every State, employees are granted certain rights and have expectations of their employers.  For… Read more »

21st Century Insurance Coverage

| Auto insurance, Homeowners Insurance, Insurance education, Risk Management.

Welcome to the 21st century: the ever changing and evolving age of information and technology.   The way we communicate and interact with others has been revolutionized by social media and email.   Smartphones, tablet computers and wireless internet allows us to work anytime, anywhere.   Everything around us, from the cars we drive to the way we produce… Read more »

The Insurance Claim Process

| Insurance Claims, Insurance education, Risk Management.

At some point in your life, you will be involved in the insurance claim process.   You might be a 3rd party claimant collecting from another person’s insurance company.  Or, a 1st party claimant seeking coverage from your own insurance policy.   Either way, there are some important tips that can help minimize the headaches and maximize your settlement:… Read more »

Keep Your Insurance on Target!

| Auto insurance, Homeowners Insurance, Insurance education, Risk Management, Uncategorized.

Insurance is a boring topic.  It’s not something that guys sit around and discuss while wrenching on a car.  Women don’t  develop an emotional connection to their insurance policy.  No one posts pictures of their new insurance policy on Facebook or Tweets about how cool their insurance agent is.  You can’t drive, ride, wear, taste or feel your insurance policy. … Read more »

Contractual Liability – A Love/Hate Story

| Business Insurance, Flood Insurance, General Liability Insurance, Insurance education, Risk Management.

If, in the course of business operations, you have signed a lease or subcontract agreement, then contractual liability is a part of your life, whether you realize it or not. Contractual liability, simply put, is the obligations or liability you assume by agreeing to the terms of a contract. To illustrate, let’s look at very… Read more »