Posts by: Capstone Brokerage
Rather than offer a traditional group health insurance policy, an increasing number of small businesses want to know whether they can reimburse their employees’ individual health insurance. They also want to know whether such an arrangement is taxable.
Under IRS rules, small businesses can reimburse employees for their health insurance in a tax-advantaged way. The most prominent vehicle for doing so is the health reimbursement arrangement (HRA). Continue reading
LONDON–(BUSINESS WIRE)–A new study of the UK cyber risk insurance and broker community reveals startling findings. First and foremost, the insurance industry needs to address non-affirmative cyber in a meaningful way. Second, measurement of cyber risk in financial terms is highly deficient among insurance customers and the insurance industry itself. Finally, a series of catastrophic cyber events or a systemic cyber event will drastically alter the way in which insurers measure the risk profile of each applicant. Continue reading
Most American families have a family pet. They are considered a part of the family and in some situations can be more like children to their owners. What happens when your beloved family pet BITES? Interestingly one third of homeowner’s liability claims arise from dog bites and other dog related injuries.
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There’s no good reason to make an enemy of the claimant or, if in litigation, the opposing attorney. We reveal ourselves in our claims letters and their tone. Is the tone nasty? Negative? Arrogant? Your job is to make your point without, in any way, belittling your reader. Continue reading
There are many advantages to running your own business: being your own boss, setting and achieving lifelong goals, doing what you love. This is probably why more than 27 million Americans have decided to become entrepreneurs. But as exciting as it can be to start your own small business, you’ll also face many challenges.
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Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a Southwest Airlines Co. flight this week who could have a case. Continue reading
Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger adults and those without checking accounts. This move would build on the company’s initial forays into financial products over recent years and be the start of its venturing into lending, mortgages, property/casualty insurance, wealth management and term life insurance, according to consultants at Bain & Co. Continue reading
Risk managers are very concerned about the cyber risks facing their companies and are heavily investing in protection against cyber attacks with the blessings of their boards and CEOs, a major shift from even just 10 years ago when convincing a company to worry about cyber was a big challenge for risk managers. Continue reading
