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July 2014

What is Critical Illness Insurance?

Over the past few years, voluntary benefits have emerged as a way for employers to enhance their overall benefits package in an efficient and cost-effective manner. Most people are familiar with offerings such as dental, vision, life and disability insurance, but critical illness insurance is now emerging as the most popular voluntary benefit in the marketplace, primarily due to the increasing costs of medical expenses and employers’ need to shift more of that cost to the employee.

What exactly is critical illness insurance? Read More »What is Critical Illness Insurance?

5 Ways to Manage Your Brand and Reputational Risk

Be proactive. Take steps to protect your business. Lawsuits do happen. Implement strong Quality Assurance/Quality Control and Customer Service programs. Document a Product Recall Process including Media/Crisis Management. A Crisis Management Plan can help you respond quickly should a product defect or recall situation arise. Understand your risk for international lawsuits. Review your insurance coverage to ensure that your Umbrella… Read More »5 Ways to Manage Your Brand and Reputational Risk

Swimming Pool Safety and Maintenance Tips

Swimming pool safety and maintenance tipsProtect your friends and family as you beat the heat.

Warmer weather means more outdoor activities for the whole family, including cooling off in the pool. We want to help you make sure that you, your family and guests are safe. Here are a few tips that can help you stay safe while you have fun:

Always supervise swimmers and have life-saving equipment nearby:

  • Maintain secure fencing and a locked entrance around the pool and deck area to prevent access when adequate supervision is not available. Install self-closing and self-latching gates.
  • Make sure no one swims alone. Never leave a child unattended in the water or pool area, and make sure less experienced swimmers are always accompanied by a swimmer who has water life-saving skills.
  • Equip your door, gate or pool with an audible alarm to alert you if someone enters the pool area or falls into the pool while it is unattended.
  • Diving should be prohibited unless a specific area of the pool is designated for safe diving. Water depth and diving-restricted areas should be clearly marked.
  • Make sure there is adequate life-saving equipment in the pool area, including life preservers and a rope with life-saving rings, a reaching pole or rescue hook.

Regularly maintain your pool during the season to keep swimmers and sun-bathers safe:Read More »Swimming Pool Safety and Maintenance Tips

July is Eye Injury Prevention Month

Did you know that an estimated 1,000 eye injuries occur in American workplaces every day? The Bureau of Labor Statistics (BLS) found that almost 70 percent of the eye injuries studied occur from falling or flying objects, or sparks striking the eye. The BLS also reports that approximately three out of every five workers injured were either not wearing eye… Read More »July is Eye Injury Prevention Month

Insurance for Daycare and Preschool

daycare preschool insuranceWe offer coverage for residential and non-residential day care facilities for infants to kindergarten age children, and after-school child care through Grade 8. We can help provide immediate solutions to your unique day care insurance needs.

Coverages include:

  • Property
  • General liability
  • Abuse and molestation liability’
  • Educators legal liability
  • Day care services acts, errors or omissions
  • Corporal punishment liability
  • Automobile liability
  • Workers compensation
  • Umbrella liability

Let the professionals at Paperless Insurance work with you to customize a program that’s just right for you.
Read More »Insurance for Daycare and Preschool

Report: New Emerging Risks

Report New Emerging RisksSwiss Re has released a report – ”New emerging risk insights,” which is based on the reinsurer’s SONAR process, described as a “unique tool which uses Swiss Re’s internal risk management expertise to observe and evaluate new and emerging risks.”

Some of the other emerging risks examined in the SONAR report includes the following:

  • Cloud computing security
  • Contagious emerging market crisis
  • Eurozone crisis leading to deflation
  • Short-termism of macro-policy measures
  • Air pollution as mortality driver
  • Concussion crisis in sports
  • Democratisation of genetic testing
  • Digital slander
  • E-cigarettes
  • Financial consumer protection regulation
  • From closed to open business models
  • Food and water safety: trade-offs with growthRead More »Report: New Emerging Risks

Liquor Liability Insurance

Liquor Liability InsuranceAnd another terrible example of a liquor liability case: the family of a woman who died in a crash with a man suspected of driving while intoxicated is suing a Kaneohe bar, claiming the establishment improperly served him alcohol. The crash on June 30, 2012, killed Rene Nihipali of Honolulu. Investigators said a sport utility vehicle crossed the center line of Kamehameha Highway in Kaaawa and struck her pickup head-on. Her widower and two daughters last week sued Kralk Enterprises, which operates Club Komo Mai, the Honolulu Star-Advertiser reported. The lawsuit also names the other driver, Sione Glenn Tilini. The lawsuit says bar staff should have detected that Tilini was intoxicated when he was served alcohol. The lawsuit claims liquor served to Tilini was a direct cause of the crash. Two passengers in Tilini’s SUV also were injured.Read More »Liquor Liability Insurance

Trade Credit Receivables Insurance in U.S.

Trade Credit Receivables InsuranceMarkel Corp. is now underwriting trade credit insurance – also known as receivables insurance – in its New York office. Policies will be underwritten on an admitted basis, utilizing two Markel insurance companies, Markel American Insurance Co. and Markel Insurance Co. Products may not be available in all states. Worldwide capacity for the coverage, which protects companies that sell products against the risk of non-payment from vendors, is close to $9 billion and has increased substantially over the last 10 years as more insurers look to benefit from the profitability of the segment. Companies from retail and manufacturing to engineering to software firms can use the coverage.
Read More »Trade Credit Receivables Insurance in U.S.

Happy 4TH of July

4th of July american flagWith a true national spirit of courage, integrity, sacrifice, liberty and independence, we wish you a Happy Independence Day. Happy 4th of July!

We celebrate American Independence Day on the Fourth of July every year. We think of July 4, 1776, as a day that represents the Declaration of Independence and the birth of the United States of America as an independent nation.

But July 4, 1776 wasn’t the day that the Continental Congress decided to declare independenceRead More »Happy 4TH of July