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D&O Liability for Non-Profits

Did you know that Paperless Insurance offers Directors’ & Officers’ Liability coverage for Nonprofit Organizations? Designed specifically to meet the unique needs of Nonprofits including, but not limited to, social service agencies, associations, museums and foundations, this program is offered through a special program administrator, and endorsed by a number of prestigious organizations such as United Way Worldwide, the American Association of Museums and the American Society of Association Executives. Coverages Tailored to Each Specific Class of Nonprofit Full Limit Anti-trust coverage for Associations, IRS Fines and Penalties coverage for Foundations, and Provenance Sublimits for Museums are just a few… Read More »D&O Liability for Non-Profits

Eleven Cybersecurity Tips for Small Businesses

Broadband and information technology are powerful factors in small businesses reaching new markets and increasing productivity and efficiency. However, businesses need cybersecurity tools and tactics to protect themselves, their customers, and their data from growing cyber threats. Here are ten key cybersecuritytips for businesses to protect themselves: 1. Train employees in security principles Establish basic security practices to protect sensitive business information and communicate them to all employees on a regular basis. Establish rules of behavior describing how to handle and protect customer information and other vital data. Clearly detail the penalties for violating business cybersecurity 2. Protect information, computers and… Read More »Eleven Cybersecurity Tips for Small Businesses

Cargo Elite by Travelers – Simply the Best

Travelers Cargo Elite® policy provides outstanding coverage for importers and exporters, including automatic “all risk”* coverage for international shipments of new merchandise – even for goods your client has never shipped before. Benefit from a policy that offers an extensive range of coverage features, streamlined reporting and the ability to issue online special policies anywhere, anytime. Cargo Elite Coverage Highlights: Policyholders have full rights to the possession and control of all damaged goods. If a loss is not immediately apparent at the time of delivery, Travelers coverage applies to the discovered loss up to 60 days after arrival to the… Read More »Cargo Elite by Travelers – Simply the Best

Broad Form Auto Endorsement

If you are shopping for your business auto insurance consider getting quote from Hartford. With a broad form auto endorsement you are getting: Coverage Who Benefits Most Claim Scenario Loan Gap Coverage – When a financed vehicle is declared a total loss and your insured’s outstanding loan balance is greater than the actual cost value of the vehicle, The Hartford will pay the difference between the outstanding loan balance and the actual cash value of  the vehicle. This is a new coverage! Any small business owner that finances company vehicles Like many small business owners, Jane financed the Ford F350 truck… Read More »Broad Form Auto Endorsement

Car Dealer Title Washing Scheme

A federal jury in Texas has convicted a car dealer from Rowlett for ‘title washing,’ a fraudulent process through which a vehicle’s title is corruptly altered to conceal information that should normally be contained on the title, such as a previous salvaged title or a financial lienholder. Instant insurance quotes for car dealers A vehicle that has a ‘certificate of destruction,’ ‘non-repairable’ history or ‘parts only’ history can only be utilized for parts or scrap metal, and can never receive a clean title. U.S. Attorney John E. Murphy announced that 49-year-old car dealer Jerry Edward Weaver was found guilty for… Read More »Car Dealer Title Washing Scheme

Coverage for Nuclear Exclusion Risk

Willis Group Holdings has developed a new insurance product to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station. The coverage would apply should they be forced to suspend operations in the event the plant’s safety is compromised and an exclusion zone is implemented to contain the damage. The cover was developed by Willis Global Markets International (GMI), a division of Willis Limited, as a response to the earthquake and tsunami that struck Japan in March and triggered a meltdown at the Fukushima nuclear power plant. The consequent radiation leak saw the… Read More »Coverage for Nuclear Exclusion Risk

Payroll billing – pay as you go – workers compensation insurance

Not a long while ago, the payroll billing premium was available only through a state compensation insurance company, for a large premium account or sometimes through a payroll company like Paycheck that was calculating the premium as they calculate your monthly payroll. Lucky us, Hartford Insurance Company has introduced: Here’s how it works Purchase a Hartford Workers’ Compensation policy through us and let them know that you’re interested in XactPAY Xpress. Register your XactPAY Xpress account online and receive email reminders when it’s time to enter your payroll information through carriers’s fast, easy and secure website. The Hartford will use the payroll information… Read More »Payroll billing – pay as you go – workers compensation insurance

Persistency Discount on Auto Insurance

The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance, regardless of the insurance company with whom the are insured. Presently, the law allows only the company where you are already insured to offer a “persistency” discount. The Agents’ Alliance’s initiative is similar to Proposition 17, which lost by 2 percentage points in the 2010 election, in allowing consumers to take their “persistency” discount with them and shop for better coverage and lower rates with other insurers. “The way the law… Read More »Persistency Discount on Auto Insurance

Sierra Club Member? Save big $!

Have you heard of Costco Ameriprise Insurance Program for Costco members? It allows qualified members to save on auto insurance. Now, The Hartford now provide the Sierra Club’s 1.4 million members and supporters with access to its auto and home insurance through a program that will offer discounted rates in most states.

Travelers Expands Coverage for Healthcare Organizations

Travelers has unveiled new property coverages through its IndustryEdge product for healthcare organizations. New coverages include: Ordinance or Law – Communicable Disease Contamination Coverage – This coverage pays the costs incurred to clean up and remove communicable disease contamination from a premise when mandated by an ordinance or law. Condemnation of Medical Property – This coverage pays for loss of visibly undamaged medical property that a government regulatory authority has condemned as a direct result of a covered cause of loss. Unintentional Errors or Omissions – Failure to Report Locations – This coverage is extended when the insured unintentionally fails to… Read More »Travelers Expands Coverage for Healthcare Organizations