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"General Liability"
A court ruling in favor of an insurer in one case and coverage litigation in another — both involving cyber insurance policies — may mark the beginning of a new stage in the coverage as a growing number of firms obtain these policies. Continue reading
I often have clients call and say what type of claim will cost me the most. I sort of laugh because honestly it is really hard to give them a correct answer… The variables to this question are endless. For example; Cost them how? Financially? Growth wise? Reputation wise etc.? The more I get asked the question it has me thinking; which types of claims are most common and have a history of being the most costly? So I decided to come up with the top three risks that small businesses are most vulnerable if not covered properly. Continue reading
Clark County government computer servers don’t store sensitive plans about upcoming feature films, like Sony Pictures Entertainment servers did when hackers breached the company and revealed emails with embarrassing comments about celebrities.
The county isn’t a big retailer like Target, which also suffered a big data breach and compromised credit card information about customers. Continue reading
P/C Insurers Risk Management Risk Management P/C Pricing
Commercial property/casualty insurance rates in March were flat compared with those of the same month in 2014, Dallas-based electronic insurance exchange MarketScout reported Monday. Continue reading
NEW YORK — Expansion of legalized marijuana use for medicinal and/or recreational purposes figures to compound an already complicated web of management and workers compensation liability issues for employers. Continue reading
Lawmakers say a fight between Nevada’s taxicab industry and Uber, the ride hailing company that operated in the state this fall before a court decision prompted it to shut down, could be the biggest transportation issue this session in the Nevada Legislature. Continue reading
The Obama administration is calling again to disallow the deduction for excess nontaxed reinsurance premiums paid to affiliates.
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Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample insurance coverage is available for both commercial and residential projects, and pricing is stable with the exception of New York and a few other states where construction defect actions are prevalent. Continue reading
