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Important Federal Fines Coverage for your Nonprofit Social Service Organizations

The Nonprofit D&O Liability Program includes Coverage for Specific Federal Fines and Penalties. A common exposure that social service organizations face that is not typically covered by most D&O programs are the federal fines and penalties that can be levied against 501(c)(3) entities for alleged violations of: IRS Code section 66652(C)(1)(a) for failure to file annual 990 tax returns Public law 108-187 (CAN-Spam Act of 2003) The 1976 Lobby Law or Lobbying Disclosures Act of 1995 regulating lobbying activities Our program can provide a specified amount to pay for these fines and associated defense costs. This is just one of… Read More »Important Federal Fines Coverage for your Nonprofit Social Service Organizations

100-Car Naturalistic Driving

A 100-car “naturalistic” driving study conducted by the Virginia Tech Transportation Institute (VTTI) says that fatigue is a cause of 20% of car crashes, rather than the 2%-3% previously estimated based on surveys, simulator studies and test tracks. Plus, the study found, 18- to 20-year-olds account for significantly more fatigue-related crashes than any other age group. Adolescents’ sleep patterns shift to later hours; however, the school day still tends to start early, resulting in daytime sleepiness. Older drivers can face similar issues with late nights and early work times, but have more experience coping with moderate fatigue – although, not… Read More »100-Car Naturalistic Driving

2013 Hurricane Prediction

The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 percent chance one will make landfall somewhere along the entire Eastern seaboard. Nine of those 18 named storms are expected to become hurricanes and four of those major hurricanes (Saffir/Simpson category 3-4-5) with sustained winds of 111 mph or greater. The activity will be due primarily to anomalous warming of the tropical Atlantic and expected lack of an El Nino event, the researchers said. The hurricane forecast team’s probabilities for a major hurricane making landfall on U.S. soil in… Read More »2013 Hurricane Prediction

Northern California Business Owner Sentenced For Premium Fraud

A Northern California business owner has been sentenced for workers’ compensation insurance premium fraud and pay over $2 million in restitution to insurers, the California Department of Insurance announced on Wednesday. Teresa R. of Redwood City, Calif., who originally plead no contest to eight felony counts, was sentenced in San Mateo County Superior Court to serve one year in jail, five years of probation as well as being ordered to pay over $2 million in restitution to the insurers that she defrauded. In 2011 R.f was president of Genesis Building Services Inc. which operated a janitorial and pest control company… Read More »Northern California Business Owner Sentenced For Premium Fraud

Insurance for Alcohol and Drug Treatment Centers

Alcohol & Drug Rehabilitation facilities provide medical assistance and behavioral and nutritional counseling to individuals who are in need of substance abuse services. Eligible risks may include Outpatient Alcohol & Drug Counseling, Rehabilitation Centers, Halfway Houses Inpatient, Methadone, Early Release Prisoner Programs (Alcohol & Drug related offenses only) and Outpatient Detox. Clinics may also be included as an eligible class when the clinic is only a part of the facility’s overall services. Our program includes a Package, General & Professional Liability, Property, Umbrella, Auto (some restrictions may apply) and Abuse & Molestation. Our pro- gram also offers Coverage Endorsements &… Read More »Insurance for Alcohol and Drug Treatment Centers

Counterfeit Fire Sprinkler Heads

Underwriters Laboratory (UL) has notified distributors, contractors, regulatory agencies, fire departments, & jurisdictional authorities of recently discovered counterfeit sprinkler heads. The  thermal bulb activated sprinkler heads, mimicking Nanjing Fire Protection Technology Company’s Fire Sprinkler Model NX005, can be identified by the “NX” or “C-I” markings on the wrench boss of the fire sprinkler frame. It may also have “model NX005” on the sprinkler deflector and bear the counterfeited UL Mark. Nanjing Fire Protection Technology Co Ltd do not have the “NX” or “C-I” markings on the wrench boss. As with all counterfeit products, the dependability of this sprinkler head is… Read More »Counterfeit Fire Sprinkler Heads

NC: Agreement Reached on Homeowners Insurance Rates

On March 5, Insurance Commissioner Wayne Goodwin signed a settlement agreement with homeowners insurance companies allowing an overall statewide average rate increase of 7 percent, varying by territory and form, beginning July 1. The insurance companies, represented by the North Carolina Rate Bureau, had requested an overall statewide average rate increase of 17.7 percent on Oct. 1, 2012. The difference between the requested and settled rates amounts to $237 million in savings to policyholders. As Department of Insurance experts spent months studying the insurance companies’ request, it became apparent that some increase was justified, largely due to the steadily rising… Read More »NC: Agreement Reached on Homeowners Insurance Rates

Workers Comp. Requirements in North Carolina

Workers’ compensation insurance is required in all 50 states, and North Carolina law requires businesses with three or more employees to buy insurance to cover expenses related to workplace injuries. The North Carolina Industrial Commission is tasked with administering the Workers’ Compensation Act. Despite the statutory requirements, an April 2012 Raleigh News & Observer investigation revealed that at least 30,000 North Carolina businesses are not providing the required workers’ comp coverage required. Employee misclassification and the misuse of workers’ comp ghost policies have become topics of concern among state regulators, government officials, the business community and the public. So-called “ghost” policies are… Read More »Workers Comp. Requirements in North Carolina

Insurance for Personal Trainers and Fitness Studios from $150/yr.

Insurance for personal trainers and fitness studios is specifically designed to meet the unique insurance needs of Fitness Trainers, Group Fitness Instructors, Spinning Instructors, Dance Instructors, Martial Arts Teachers, Pilates Instructors, and many more categories of fitness instruction without any restriction of age or gender of your students. Abuse and Molestation – INCLUDED!

The Fitness and Wellness Insurance program for Fitness Studios covers many types of studios including Aerobics, Exercise, Spinning, Fitness Training, Strength Training, and Pilates Studios with equipment. It also covers activities such as weightlifting, swimming, saunas, tanning booths, sport courts and group exercise. Dance Studios are eligible under Performing Arts.

Coverage available for:Read More »Insurance for Personal Trainers and Fitness Studios from $150/yr.

What does a company really need to protect its reputation online

Experts agree that the most effective protection for a reputation is to consistently follow best practices in conducting business so that negative incidents are avoided. However, bad things can happen to good companies – especially when it comes to data integrity in an era of pervasive hacking, viruses, spyware and malware. Therefore, it is important to be prepared to defend your company’s image. The following five steps proposed by Travelers Insurance Company address both proactive and reactive measures for maintaining your reputation. 1. Assessment. Understand the risks to reputation that your company faces, whether it is from data breaches, product… Read More »What does a company really need to protect its reputation online