Events of 9/11 disturbed
more than our collective sense of national security. They
also disturbed the availability of insurance coverages in
many areas of the country, particularly those perceived to
have the greatest chance of future terrorist attacks. Full
story on...
Business Risk Management
Tips
An insurance company recently
listed its top strategies for businesses to manage risk and
reduce losses. Full
story on...
Are You an Equal Opportunity
Employer?
How do I determine if the
equal employment opportunity (EEO) laws cover a business
of my size? The EEOC interprets federal employment discrimination
laws, which prohibit employment discrimination based on race,
color, sex, religion, national origin, age, or disability. Full
story on...
Lawsuit Costs
The
costs of our country’s civil justice system have
increased by a factor of 100 since 1950. The societal costs
of tort actions now equal a 5% tax on wages in the U.S. Full
story on...
Privacy Disclosure Rules
Health care providers are now forbidden from disclosing
information about a patient to their employer without the
patient’s permission. This change and others are part
of the first federal privacy standards for patients’ medical
records and health information. Full
story on...
Expanding Exclusions and
Limitations
With the growing incidence
of litigation, the difficult economy, and the tightening
of the insurance marketplace, insurers are adding more and
more exclusions and limitations to their policies. Full
story on...
Is Your PR Hurting Your E&O?
How many times have we heard
of a corporation being sued not for specific, deliberate,
or grievous acts but for what might better be termed “unmet
expectations?” Stockholders allege that management
forecasts were too rosy and induced them to overpay for their
shares. Employees point to the same forecasts as the reason
that they failed to diversify their 401(k) retirement plans,
thus losing a huge share of their savings when the company’s
stock tanked. Full
story on...
We all know how important it is to keep in good touch with
our customers.
Through this newsletter, we hope to reach out on a more frequent
basis to update you on what is going on in the industry. Hopefully
you will find something of interest and be able to use it
in your business.
We welcome your suggestions for topics you would like us to
cover.
Know someone who would be interested
in receiving information about our free Coverage Coach
insurance tool? Click
here to tell them about it.
