Floods can happen anywhere, as witnessed on Highway 10 between Los Angeles, California and the Arizona border on July 19th. As reported in the LA Times, a pit-sinkhole-bridge collapse was created when a creek in Desert Center between Coachella, California and Arizona’s border was overwhelmed by an unusual July flash flood storm. Floods are one […]
August 12, 2015
You have more than likely heard the terms replacement cost value and coinsurance penalty repeated again and again. But why are these so important? Familiarity with these terms and your policy provisions is important because if coverage is not maintained at the amount equal to the coinsurance limit on the policy, the insurance company will […]
August 4, 2015
With almost 70% of businesses reported being hacked last year in a recent Property Casualty 360 article, and 36% having no cyber coverage, one might ask why? Perhaps businesses do not believe they need it or perhaps they do not know what a policy would do for them. Below we highligh some key benefits to […]
July 28, 2015
With the 2015 fire season underway and the extreme drought that continues to plague California and other areas, it is a good idea to ensure you are prepared for this type of disaster. Being prepared includes knowing your risks, having a Disaster Plan in place, mitigate against potential losses, and continue monitoring potential for your […]
July 14, 2015
Summertime is a carefree time of backyard parties, celebrating 4th of July and weddings! Can you guess from that list what coverage issue jumps to mind? Yes, Liquor Liability! Who Needs Liquor Liability Insurance? Businesses that sell or serve alcohol at their establishment need Liquor Liability Insurance. Some states require Liquor Liability Insurance for every […]
July 7, 2015
We have all heard of the cyber attacks on financial institutions and retail businesses. More and more we are hearing of the attacks in the healthcare industry. Attacks reported just this year have involved Premera Blue Cross effecting 11 million patients and Anthem involving 80 million records. These are just the high profile cases we […]
June 30, 2015
What is Commercial Umbrella Liability? An umbrella liability policy provides an insured with an “umbrella” of liability protection over the primarily liability insurance. Most umbrella insurers require you to purchase primary insurance coverage before selling you an umbrella policy; for example, general liability insurance, auto liability insurance, workers compensation or employers’ liability insurance. An umbrella […]
June 24, 2015
Managing Workers’ Comp Costs One essential element in managing worker’s comp costs is communication with your insurance broker. When reviewing your worker’s compensation programs with your insurance broker, communication is a key to minimize costs. As an employer another key element is to ensure that injuries are managed effectively and that there are plans in […]
June 17, 2015
El Nino Advisory 2015 The National Weather Service has currently listed on the ENSO Alert System Status: El Niño Advisory Synopsis: There is an approximately 90% chance that El Niño will continue through Northern Hemisphere summer 2015, and a greater than 80% chance it will last through 2015. Definitions of the ENSO ALERT SYSTEM. El […]
June 9, 2015
Disaster Preparedness Planning Businesses can do much to prepare for the impact of the many hazards they face in today’s world including natural hazards like floods, hurricanes, tornadoes, earthquakes and widespread serious illness such as the Ebola virus pandemic. Human-caused hazards include accidents, acts of violence by people and acts of terrorism. Examples of technology-related […]
June 3, 2015