Jameis Winston purchased a $10 million disability and loss of value insurance policy, and Florida State is helping him pay for it. While the exact cost for this insurance coverage is not certain, there is speculation that the university will be paying a $55,000 to $60,000...
Contracts are an essential part of doing business. Regardless of size or industry, contracts with customers, vendors, suppliers, service providers or independent contractors are an important part of a business's operations. While good contracts can help manage risk and maintain good working relationships, bad contracts...
Preparation is the key to surviving a natural or human-caused disaster. Nevertheless, a survey by the Ad Council found that 62% of respondents did not have an emergency plan in place for their business. Since up to 40% of businesses affected by a natural or...
Recent, high-profile incidents show that every business is at risk of suffering a data security breach, regardless of size, resources or sophistication. To combat the risk, many organizations are taking steps to identify and secure organizational vulnerabilities, such as wireless networks, laptop computers, and even...
For most people, their biggest purchase is their home. Following the four must-dos for shopping for homeowners insurance can help you find the best value and the best protection for your home: Get advice from a professional agent who will take the time to guide...
The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for most voluntarily established employee pension and welfare plans in the private sector. To protect individuals in these plans, ERISA requires plan administrators, which are oftentimes the employers, to provide...
Public safety concerns may prompt civil authorities to take action to protect people and property. For example, a governor can issue a mandatory hurricane evacuation, a mayor can close roads during inclement weather, the police can enforce curfews during riots, or a fire department can...
Florida has a new law to combat the recent surge of data security breaches involving sensitive personal information. On July 1, 2014, Florida’s current data breach notification statute will be replaced by the Florida Information Protection Act of 2014 (Act). Though similar to Florida’s current...
For those living or working in the Atlantic hurricane region, June 1st rarely passes unnoticed. At Setnor Byer Insurance & Risk, we understand that preparing for hurricane season is rarely easy and often stressful. We also understand that a lack of awareness and preparation can...
The complexity of group health insurance makes it difficult for employers to shop for health plans and for employees to choose among several employer-provided options. Unfortunately, helpful consumer information is not typically found in the patchwork of various non-uniform and intricate consumer disclosures, such as...