If your clients employ residential staff (gardeners, housekeepers or nannies, for example), they should be aware that allegations of “wrongful employment acts” make it into headlines and U.S. courts every year. Even if the allegations are false, the defense costs alone could cost you a small fortune. And imagine how such allegations could damage your reputation if [...]
Archive for February, 2008
Insurance Protection for Wrongful Employment Acts
Posted in Liability Risks and Solutions on February 26, 2008 | Leave a Comment »
Avoid buying stolen or forged works of art
Posted in Property Risks and Solutions on February 20, 2008 | Leave a Comment »
Before making an art purchase, make sure it is not among the reported $6 billion in stolen works that are on the market each year. Says a leading art attorney: “You can save yourself a lot of aggravation and money by doing your homework first.” Click this link http://sev.prnewswire.com/insurance/20080220/NYW05920022008-1.html for more information on an innovative new service provided [...]
Assess Your Flood Risk – in 30 seconds
Posted in Property Risks and Solutions on February 16, 2008 | Leave a Comment »
Losses caused by floods are much more common than most people believe. While most in the U.S. reside in a “low risk” flood zone, one third of flood losses last year happened to families living in low risk flood zones.Protecting your home from losses caused by most causes of rising water is inexpensive and smart. [...]
Bloomberg News: “The Insurance Hoax”
Posted in Caveat Emptor on February 16, 2008 | Leave a Comment »
This important Bloomberg News article exposes the strategies used by a few large insurance carriers to pay far less to claimants than their policies and fair claims practices should have obligated them to pay.
Although the article contains several factual errors and miscalculations, it does a great job describing the origins and use of the alarming [...]
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