Consider this scenario: An employee in your organization files a discrimination lawsuit, alleging that she was not promoted because of her gender. You're confident that the promotion went to the better-qualified candidate and believe you have sufficient documentation to support this decision. Still, having to defend...
Often, organizations agree to accept the liability of another party (or business) as a standard practice. Such practice is known as "risk transfer," and the transfer is either embodied in a written contract or agreed to, verbally, by the parties. Contractual risk transfers are commonly...
Most property insurance policies guarantee the replacement of your property in the event of a loss. These policies, which cover such things as concrete costs, flooring, ceilings, and plumbing systems are often silent when it comes to those costs you cannot visibly see. Costs such...
We are an Independent Insurance Agency, and not unlike most of our South Florida neighbors, suffered during the aftermath of Hurricane Wilma. We were left with damaged property, no electricity, an interrupted business, and employees that, each, suffered similar consequences. Yet, we were not permitted...
A study released by Quality Planning Corp (QPC), a San Francisco-based analytics company that helps insurance companies price insurance, reveals that a person's physical home address, not just ZIP code, can predict the likelihood of an auto accident. The research, which consisted of an analysis...
As the large numbers of Baby Boomers start to turn 60, many of them assume incorrectly that Medicare, Medicaid, supplemental policies or standard health insurance policies will cover their long-term health care expenses and needs. Consequently, many people do not plan ahead financially to provide...
There's nothing more exciting or memorable for a vehicle owner than the day he or she acquires a brand new vehicle. Unfortunately, if the vehicle is in an accident and a total loss occurs, this great day can come to a screeching halt. Unexpected problems...
Charley, Frances, Ivan, Jeanne- Floridians have had to indulge a few unwelcome guests as Mother Nature unleashed one hurricane after another within a two month period. The Sunshine State, to some, has been aptly renamed the Hurricane State. The Hurricane Season has yet to end,...