Understanding Workers Compensation The widow and son of a Bartlesville, Oklahoma man who died during firefighting training have been awarded more the $503,000 in federal and state death benefits despite testimony that said the man was never with a fire department. This account from the Insurance Journal and many more like them pop up in […]
November 13, 2014
Inland marine insurance What is Inland Marine Insurance? As a business owner, it could be you’ve never heard of inland marine insurance, or maybe you’ve dismissed it because of the name. Well, you might want to think again. Inland marine insurance was first created to cover the transport of goods over water, but the definition […]
November 7, 2014
Ridesharing – How it is affecting the Insurance Industry The popularity of commercial ridesharing, which connects drivers and riders for a fare with the click of a button on a smartphone app, has skyrocketed across the country in recent years. Transportation network companies (TNCs) like Uber and Lyft have not only “disrupted” the taxi’s traditional […]
October 22, 2014
Hurricane Threats-Resulting Flood Exposure According to reports from The Weather Channel in early October, there still remain threats of Atlantic hurricanes to hit this month. Florida is the state most likely to see a hurricane make landfall in the month of October, with the southern part of Florida most at risk. In fact, the last […]
October 13, 2014
What is an SR-22? An SR-22, sometimes referred to as a Financial Responsibility Form, demonstrates proof of liability insurance. In other words, it is evidence a driver has an active insurance policy, thus the ability to pay a future claim up to a state’s minimum required limit. Why is an SR-22 needed? In most cases […]
October 1, 2014
What is Medical Professional Liability/Medical Malpractice Insurance? Professional liability is negligence by a health care provider resulting from a failure to use due care or where the standard of care falls below what is expected from a person in a particular profession. A medical professional liability insurance policy covers bodily injury or property damage as […]
September 18, 2014
Have you been labeled a “High Risk Auto” customer? What does “High Risk Auto” mean? The Armstrong Company Insurance Consultants are continuously looking for ways to better serve our customers. Listening to our customers we noticed the need to address the “high risk auto” customer. If you are labeled in this category you could […]
September 10, 2014
Earthquake Insurance, Do You Really Need It? Earthquakes are one of those catastrophes that we hope to never experience; however, once you are in the midst of recovering from such an occurrence the cost can be enormous. The earthquake that struck Napa, California just days ago will lead to economic losses of as much as […]
September 2, 2014
If you are a business that manufactures, serves, sells or distributes alcohol you need Liquor Liability Insurance. Liquor Liability Insurance is recommended to protect your company from potential financial losses arising from litigation involving alcohol-related damages. Alcohol creates real and significant exposures for restaurants, bars, taverns, and hotels. These operations develop a large percent of […]
August 5, 2014