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September 26, 2022

Professional Liability Promises

If someone believes that a company promises something and then that company doesn’t deliver on that promise, even if nothing was in writing, it can still turn into a professional liability claim.

September 19, 2022

Insurance Coverage is Specific

Insurance policies are very carefully worded to only cover specific things. If you ever need insurance on a separate part of your business, don’t assume one policy will cover it all. You might get stuck paying for your problem out of pocket.

September 6, 2022

Directing Assets of Others

Fiduciary Liability can be confusing, but basically, it encompasses anyone who has control of directing assets of others within the company.

August 22, 2022

The Risk of the Lowball

Don’t lowball your limits. You might end up paying more during your audit than you thought because of it.

July 24, 2022

Voluntarily Stolen Airplane

When you voluntarily give something away, you can't tell the insurance company you want them to pay for it. Even if you hand someone the keys to your airplane and they fly away with it without paying, you don’t have a stolen airplane, you likely have a bad debt. This happened to a client of mine.

July 12, 2022

On the Job Twenty Four Seven

If your employee falls off a barstool in a pub while on an international work trip, is it covered under International Worker’s Compensation?

June 16, 2022

Rocket Fuel

What a business is labeled as impacts whether or not they can get insurance and how expensive it will be, but could you really convince an underwriter that Rocket Fuel Manufacturing is the same as Candle Manufacturing?

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