EPLI is a type of liability insurance that covers wrongful acts arising from the employment process. Types of claims covered include: Wrongful termination Discrimination Sexual harassment Retaliation Defamation Invasion of privacy Failure to promote Deprivation of a career opportunity Negligent evaluation Who is covered: Directors and Officers Management personnel Employees as insureds The most common […]
October 13, 2015
So far the 2015 Hurricane Season has brought 6 named systems in the Atlantic Basin Region and 13 named systems in the Eastern Pacific Region. We are currently experiencing three systems in these two regions; two of systems are located in the Pacific region, Hurricane JIMENA a CAT 4 and IGNACIO a CAT 2 as registered on the Saffir-Simpson […]
August 31, 2015
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 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
Explaining D&O and EPLI Directors and Officers Insurance or (D&O) and Employment Practices Liability Insurance or (EPLI) are important coverages for any business owner. Directors & Officers Insurance (D&O) is a type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. […]
February 26, 2015
From the Desk of Des – Naples While attending a convention in Naples, Florida, I went to visit a resort client on the Gulf Coast. Standing on the beach in front of the resort I looked up at the property and saw a scene of bustling happy vacationers. They were on the beach, in the […]
January 29, 2015