Traditional insurance policies do not always include cyber protection. Cyber insurance is customizable and can help close important gaps to provide a full measure of coverage.
When deciding to purchase coverage, consider that over half of small businesses are ill-equipped to withstand a cyber attack. Potential damage can include the following:
In short, without adequate protection, data breaches can bankrupt companies. Cyber insurance can be quite affordable, and companies can take steps to lower costs by assessing risks and strengthening digital security practices.
Businesses have a responsibility to treat customer information with the utmost security. While coverage cannot prevent against all attacks, it will typically give customers added faith in a company’s brand and commitment to data safety. Cyber liability coverage communicates the insured company’s willingness to protect customers.
Seek the help of an expert insurance provider. With it, businesses can make cyber insurance part of their comprehensive plan to ensure digital safety and security today.]]>
With the number of television ads promoting large, multi-national insurance companies, drivers might forget the benefits of working with a local provider. Local and regional agencies usually have a personal touch that their gigantic competitors lack. Instead of receiving pre-packaged coverage, motorists who opt for a local agent typically receive a tailored policy with exceptional customer service.
Drivers who opt for a cookie-cutter insurance policy might not have the right automobile protection. Instead, smart motorists work with an agent to choose tailored coverage in the following areas:
While not everyone needs every type of coverage, those with adequate protection generally create a policy specifically tailored to their driving habits. Further, drivers who want cheap car insurance in CT can typically work with an experienced agent to select the right coverage without breaking the bank.]]>
Some buildings are constructed in such a way that there is limited ventilation. In these cases, good indoor air quality is a necessity, but is sometimes neglected. This lack of facility welfare carries serious implications for the general health of the occupants, and in such cases the landlords will benefit by having Orlando commercial property buildings insurance.
Because if nothing is done to correct this issue, having poor indoor air quality can affect tenants by aggravating allergies, asthma, as well as cause other respiratory problems. This in turn can result in legal problems that could become quite costly. The bottom line is that no one wants to work in an environment where the air they breathe is unhealthy.
Orlando commercial property buildings insurance provides needed coverage in the event someone, or a group of people sue claiming that the building where they work contains contaminated air resulting in them becoming ill. Striving for better indoor air quality, whether from molds, bad circulation of the airstream, or other causes should be one of your major concerns within any commercial establishment.
There are ways to promote improved air quality indoors, such as by installing floor mats designed to trap debris securely, thus preventing dirt and allergens from entering the building’s ventilation systems. Doing so can lead to fewer health concerns, help to run a more efficient facility, also requiring less maintenance of ventilation systems.
Focusing on improving indoor air quality will allow you to reap the benefits of a more efficient workplace. Having control over the quality of air circulating within your buildings will also lead to better health of those employed at the facility. Employee health is vital and results in better productivity and overall performance.
The loss of revenues you might incur if businesses suddenly vacated your building could be devastating. Commercial property insurance provides coverage when issues of this sort arise, but controlling indoor air quality helps to reduce your risks.
Litigation against the directors and officers of the more than 330 financial institutions that have failed since that period is an indication that Financial Institution Insurance is much-needed coverage.
Shareholder claims have been on the rise, due to improprieties, which only adds to the plethora of risks resulting in a difficult environment for independent, locally owned and operated institutions. This makes providing financial stability in many communities increasingly difficult.
Professional liability coverage has become increasingly complex in recent years. It’s important for brokers to educate themselves about these coverages as these changes come about. Then they’ll also be able to conduct a thorough review of these policies in conjunction with other coverages a bank must have in place, including property/casualty, general liability, etc. in order to identify any gaps that could possibly leave the door open to potential risks.
D&O liability policies provide needed coverage for individuals against impending lawsuits arising from their roles as directors or officers for alleged acts of improper establishment of corporate policy. Banking institutions often provide coverage for directors and officers with respect to employment policy or actions taken with regard to specific employees, shareholder disputes, as well as failure to comply with Securities and Exchange Commission rules and other federal regulations that apply to corporations.
A D&O policy is essential for all banks where citizens often serve on the board of directors. A policy that fails to provide broad coverage will run the risk of not being able to attract and retain leadership, as people will be wary of exposing themselves to personal liability.
It’s important to make sure all directors and officers, whether appointed or elected, are covered under the bank’s D&O policy. In addition, all employees should be covered under an employment practices policy as well. Banks must also consider whether or not independent contractors or temporary workers should be included in their coverage. Speak to your insurer about different types of Financial Institution Insurance required to address your needs.
New York requires business owners to provide workers compensation for their employees. If you dont, you could be charged with a felony as well as expensive penalties, depending on the number of people who work for you.
If you have workers compensation coverage, any medical expenses and lost wages should be covered through your policy. Your employees cannot sue your company if they are injured at work.
You should post a notice concerning workers compensation coverage where your employees can see it. The information on your notice can explain how the coverage works and what to do in the event of an injury. Your insurance provider should provide you with a notice for this purpose.
New York small business workers compensation is important coverage for businesses of any size, including non-profit organizations that employ staff. If you have additional questions about workers compensation or any other coverage for your small business, talk to your insurance agent.
The average dog bite claim in 2015 was almost $40,000 and has nearly doubled in the last decade. Medical attention for victims can quickly become costly, as dog bite injuries may cause numerous health threats that may require hospitalization, including the following:
Although most dog-related injuries are the result of canine aggression, canine liability policies often cover more than just bites and scratches. Leashes or chew toys left on the ground can cause people to trip and injure themselves, which may leave the pet owner liable. For this reason, liability insurance for dogs is typically recommended for all canines, regardless of bite history and aggression levels.
Many dog owners minimize the impact dog bites can have on their dog’s victims or blame the victim’s actions. Canine attacks can be particularly devastating to children, who often incur severe facial damage due to their height. Having dog bite insurance can ensure the victim will receive the help he or she needs at minimal, cost to you.
Canine liability insurance varies in cost depending on the breed and aggression level. This typically makes it an excellent choice for all dog owners.]]>
If you are running a successful business, the last thing you need is to have it all go away because you failed to properly insure against the most blaring exposure that exists in this industry. Alcohol is a great tool for attracting customers, but a bar’s liability for an intoxicated patron is one of the first things that an owner needs to consider. It’s important to understand exactly what liability risks are associated with operating a nightclub, as well as the types of issues that could expose owners to risk, or even financial ruin.
Thirty states have dram shop laws that hold licensed establishments liable for the selling and serving of alcohol to individuals who suffer injury or death, or who are the cause of an injury or death to other individuals as a result of their being intoxicated. These laws also impose lower thresholds of liability for the selling or serving of alcohol to minors. An establishment that fails to thoroughly check identification of any person they suspect might be underage is opening themselves up to large fines and penalties.
One of the best investments that any bar owner can make is the purchase of an ID scanner. This machine can help to identify false documents because the responsibility for a patron engaging in underage drinking remains with the serving establishment, even after the patron has left the premises.
Don’t risk everything by trying to save a little money in the areas where it is best spent. Buying adequate nightclub liquor liability insurance is the best way to protect your business and your reputation.
There are a number of common complaints that clients voice about the services they receive. A client may claim that, in their opinion, their lawyer has stopped working on their case, or an attorney may settle a case without getting prior authorization from their client. Either of which could be considered to be malpractice because of the actions taken (or not taken) by the lawyer without their client’s approval. The client will have to prove that the attorney failed to act in good faith.
An attorney may decide that a case is no longer desirable. If so, he or she should notify the client immediately. A client, sensing that their lawyer has vacated, may write or fax a letter expressing their concerns and ask for a meeting. The longer the attorney ignores the client and their case, the more likely it is to amount to a claim of malpractice.
If a case is thrown out of court because the lawyer did little or no work then this may also be considered malpractice. It will require proof that the lawyer mishandled the case and that, if handled correctly, the client could possibly have won and collected a judgment. If proven, then the lawyer may be held responsible for whatever money their client would have won had the case been properly handled.
Accusations can range from stealing a client’s moneyto misuse of any money being held in trust. This should be dealt with immediately to assure the client that this was certainly not the case. Any attorney caught talking about a case outside of court, perhaps repeating something said in confidence, would be in clear violation of his or her duty to their client, which would likely lead to a malpractice suit. Attorneys need Malpractice Insurance in Austin to deal with these types of accusations. Speak to a knowledgeable agent today.
Any lack of proper care during this down time could present issues when the crowds return. Any risks or exposures will surely affect marina liability concerns, which is why insurance for marinas needs to be in force all year round. You may want to consider properly winter-proofing vessels, store any loose items to avoid rust or weather damage, and ensure that docks and other areas are properly cared for.
Make a checklist that you can use annually to make sure that nothing is overlooked. Repair shops aren’t nearly as busy so they invite the extra tasks, so take this time to get necessary repairs taken care of. If you own or operate a marina you should be checking for rust, rot and any signs of damage and get trouble areas repaired. You don’t need liability issues as a result of any existing hazards or dangers.
Boat engines can be easily damaged by cold weather. Use of an anti-corrosive will help protect the carburetor and cylinders during cooler months. Check the spark plugs and replace any that appear to be broken or that have sustained any damage. To avoid rust, use a corrosion inhibitor to safeguard idle parts. Boats perform much better when they receive proper care, which means being properly maintained all year round.
Changing the oil in your boat is easy and can be done quickly with the right tools. You’ll need an inexpensive oil extractor pump that removes the oil via the dipstick tube. As added protection against oil spills, it’s a great idea to put an absorbing pad under the engine, particularly near the oil filter.
Using this time can provide you with the ability to ensure that guests will have an enjoyable experience when the spring weather rolls around. Speak to your agent about insurance for marinas to update your insurance and get answers to any questions you may have.
While a peaceful resolution may be sought, things may turn out for the worst. Any time a client is less than satisfied with the results of their case, litigation is likely to be pursued. A lawyer may decide to withdraw from a case for any number of reasons, or the relationship with their client may simply break down and the decision made to part ways. Regardless of the reason, if this results in litigation, now is the time when a professional liability policy comes into play.
Perhaps the lawyer has done nothing wrong. There are times when, stressed out by the way events unfold, a person may decide to sue because they feel they werent properly represented, even when your client has given it their all. There are instances where, a lawyer simply has too much on their plate, they could wind up overlooking a statute of limitations or fail to submit a document in a timely manner, and this winds up jeopardizing the case. This most certainly could result in a claim. Even when their client’s interests are not affected in substance, any anxiety over their case could undermine their confidence in their attorney.
If your client decides to terminate a relationship with someone theyve been representing, instruct him or her that they still have certain responsibilities to consider. They must take steps to protect the interest of the party theyre representing, which includes giving reasonable notice, as well as allowing time for the individual to engage other counsel. Also, any part of the retainer that they are entitled to should be refunded.
An accusation of malfeasance is no laughing matter. Make sure to answer any questions or concerns your client may have regarding mid size law firm Attorney Legal Malpractice Insurance.