New teen driver. As both the father of a new driver and an underwriter, those words make me nervous. But some proactive discussion among the new driver, his or her parents and your local agent can make the teenage driving years a lot less stressful. Read More…
Archives for August 2015
On May 18, 2015, the U.S. Supreme Court held that retirement plan fiduciaries have a continuing duty
to monitor the investment options made available to participants under ERISA-governed defined
contribution retirement plans, such as 401(k) plans and many 403(b) plans. The Supreme Court’s
decision serves as a reminder to nonprofit retirement plan sponsors of the importance of good
plan governance. Read more…
Read Release – Welcome David Plank
Digital criminals are on the prowl, and they’re after business data of all kinds, hunting for vulnerable companies of all sizes.
And when it comes to how small business were protecting themselves against the kind of digital break-ins that plagued companies last year? Only 3% were financially protected against the losses that could result from hackers breaking into their networks, according to Advisen. That’s a lot of small businesses at risk.
You don’t have to have your own IT department to beat those kind of stats. What you do need is a little time, a modest budget, and the following seven steps in mind. Read on for simple security measures your small business can take right away to safely lock up your valuable data. Read more…
A boiler is to a building as your heart is to your body: The wrong thing happens, and any other concern that may be troubling you becomes moot. Like your heart, a boiler is subject to deterioration that may not be apparent until it is too late. The only way to become aware of declining conditions and avoid catastrophic loss is through examination by a qualified person.
Throughout history both physicals and boiler inspections have saved lives…maybe even your own.
What does this have to do with insurance? If machinery and equipment coverage is included in your business insurance policy, inspection services may be available through your insurer at no charge to you.
Football game day fuels emotions and festivities, whether you’re rooting for your college alma mater or your favorite pro team. Don’t let the distractions of tailgating, friendly get-togethers, the game or your busy neighborhood lead you to disregard safety issues.
Before decking out in your favorite team colors, keep these tips in mind:
The biggest question to answer when purchasing life insurance is whether you need a term or permanent policy. Each type has advantages and limitations. To make the right decision, you should know and understand your options. Here are a few questions to consider:
- How will the money from this policy be used?
- Do my life insurance needs span my entire life or a specific period of time?
- Do I want to accumulate cash value or just have death benefit coverage?
- How much life insurance do I really need and what is my budget?
Keep in mind that you can use a blend of products to meet distinct life insuranc
Ask most young adults about their valuables and they’ll probably note their car or their phone or their computer. They likely won’t mention their identity. “Why would anyone want my identity? I have no money and no credit.” Those are exactly the reasons identity thieves want them, especially if they’re college students and especially if their parents are paying for their living expenses. Since 2012, roughly one in five of those who have had their IDs stolen were age 20-29, according to the Consumer Sentinel Network of the Federal Trade Commission. Another 6 percent of victims of the nation’s fastest-growing crime were 19 and younger. Imagine the college student who lives in the dorm, pays for goods and services with a debit card funded by his parents, and throws away the dozens of pre-approved credit card offers he’s received. When he applies for his first apartment, the landlord refuses to rent to him because he owes the utility company thousands of dollars, skipped out on his two previous landlords and even has had criminal charges against him. See Story…
Having a child represents a significant change to your life in many different ways. You probably anticipate and understand that your life will have a different focus once you’re a parent, though perhaps the full extent of the change can be hard to understand if this is your first child.
And chances are you’ll also be making plans to address the financial changes that having a child will bring. One sometimes overlooked financial aspect of these changes is your insurance.
In most cases there are at least five basic types of insurance changes you want to consider when you’re getting ready to have a baby. See More...
Keeping up with your children’s whereabouts can be a full-time job. If you’ve ever sent a text asking your child “Where are you?” a service available on most smartphones might spare you a little time and worry: location sharing.
Location sharing is a built-in feature within both Apple® and Android phone messaging apps. Users have strong control over privacy features:
If you are among the millions of young adults packing up to head off to college, now is a great time to take stock of all of your electronics, sports equipment, musical instruments and other items that you would need to replace in the event of fire, theft or other hardship.
Most people, not just college students, have no idea how many things they own. While big-ticket items like computers, cell phones and bicycles may come to mind, other purchases may surprise you. Consider how many pairs of shoes you own, clothing or other personal items; $100 here, $100 there, and soon you’ve tallied up thousands of dollars.
It’s important to know that the amount of insurance you have is sufficient to cover your losses. While most college students living in a dorm or other college housing have some coverage under their parents’ homeowners policy, that coverage may be limited to only 10 percent of the coverage for contents (for example, $10,000 on a $100,000 policy). Read Blog…
Losses that occur on property you own can affect your livelihood and that of your tenants. They also can affect your insurance rates and eligibility. Without the proper controls in place, you could be saddled with the responsibility of owing for injury or damages that you did not cause.
RECOGNIZE THE RISKS
When you understand the risks you face as a property owner and lessor, you can better manage them. Consider these scenarios:
Many companies do not know exactly what intellectual property (IP) they may own, while others are uncertain how to protect and maximize these valuable assets. When someone infringes on your IP, it may dilute the ability of consumers to associate your company as the source of your goods and services.
To protect your company, it is important to first understand what is typically included as intellectual property. Generally, it involves a creation of the human mind, such as an invention, literary work or musical composition. The different areas of IP law include trademark (such as service mark, trade dress and trade name), as well as copyright, patent and trade secret. Read More…
Safety Professional Chris Hayes Helps Make Sense of the Science Behind Distracted Driving. You may be Surprised to Learn that Cell Phones are just a Small Part of the Problem.
The fact is, everything that occupies your mind or your vision can contribute to distraction behind the wheel. See Article…