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Dentist Professional Liability and Malpractice Suits

For anyone who is a practicing dentist, you may think you don’t really need to know that much about malpractice insurance. But many physicians have found out the hard way that, at a minimum, you should understand the insurance coverage you have, and what happens if a suit is filed against you.

You need to have the proper information to make sound decisions about choosing a carrier and negotiating policy options. Remember that you have a choice on the type of dentist professional liability policy to purchase.

Knowing the types of policies available

Professional liability insurance comes in two basic forms: occurrence or claims-made. In today’s insurance market, the overwhelming majority of policies available are claims-made, but a few companies do offer occurrence policies. Speak to an agent to determine which you are better suited for, how much coverage you need, and what steps to take if a claim is filed or an incident occurs.

Many insurers write on a claims-made form basis where a policy in effect at the time a claim is reported responds for the loss, regardless of when the error was made. The policy that was more popular in earlier times is occurrence-made which covers a loss that occurred during the policy period, regardless of when the claim was made. But this may be difficult to obtain.

In addition, discuss the amount of coverage you need to be adequately insured and how defense coverage works – whether it is part of the overall liability limit or separate amount. Check to see how that amount is.

When looking to secure Professional liability insurance, be sure you are working with an agent that not only has experience in covering dentist but also works with insurance carriers that specialized in this area. They will provide you with the right policy and the service you need in the event of a claim.

Contractors and Pollution Liability Insurance for Massachusetts

What many contractors fail to realize is that they may be guilty of creating pollutants of which they are unaware, and that the fines involved can be devastating. Most general liability insurance policies exclude any type of pollution-related insurance claims so the only way you can get the coverage you need is through a pollution liability insurance policy in Massachusetts.

Pollution claims can stem from mold issues, soil contamination, chemical spills, pipeline ruptures, and even fuel leakage. Pollution claims are a unique challenge because, while some pollution incidents may be immediately apparent, most occur slowly and go undiscovered for a long period of time. As a contractor you may find that an uncovered pollution claim could potentially cost your company hundreds of thousands, if not millions of dollars.

Protection from potential claims of negligence

Pollution Liability or Environmental Liability Insurance provides coverage for pollution related claims for which you may have been deemed negligent. It can include coverage for operations that are performed by or even on behalf of the insured. A standard policy usually provides the coverage for operations away from the insured’s premises. Some policies will also provide coverage for temporary storage of contaminants on your property, as well as coverage for the unloading and loading of vehicles at jobsites, and even over-the-road pollution coverage.

What policy is right for me?

Each policy regarding pollution related claims are different. Each carrier has his or her own unique coverage inclusions and exclusions so it’s important that you work with an expert because a policy that works for one restoration contractor may not work at all for another.

Premiums vary wildly for restoration contractors as they are based heavily upon the type of operations the company performs. If you are interested in purchasing pollution liability insurance in Massachusetts, speak to a reputable agent in your area.


Coverage Provides Variety of Protection for Risks That Are Neither Inland Nor Marine

Talk about small but mighty: there is a type of insurance that accounts for only about 2% of the premiums for the property/casualty insurance industry, yet returns a much larger share of the industry profit: Inland marine, which posted a combined ratio of 97.5% from 1991-2000, compared to 105.2% for personal lines and 109.9% for commercial lines during the same reporting period, according to industry analyst A.M. Best Company. The insurance is actually a chain of small classes or lines that have very unique features that are more different than they are alike; inland marine rating assesses risks for those classes and establishes a variety of coverage that is generally applied to products and goods that are moveable, in transit, under construction, very large, or risks that are unique in nature and undergo frequent and constant change. A good illustration of this exposure is the construction lines (e.g., contractor’s heavy equipment, builders risk, or installation floaters), which make up the biggest share of premium volume in that segment.

Constant change is all in a day’s work with Union City Construction

Consider Union City Construction, a local contractor that has a variety of tractors, backhoes and caterpillars running on a large lot that is being developed to construct a 100-unit condo complex complete with underground garages, multiple pools and spas, and units with multiple levels. The ground may be dry and flat one week, yet after a prolonged rainstorm the following week it could turn into a slippery, muddy slope that takes the drivers all their considerable skill to navigate without incident. And of course, the job site that Union Construction begins work on at the start of each day is by nature a changed entity at the end of the day, because some portion of the job is at a different point of completion.

Understanding the risks to determine the right premium

To calculate the correct inland marine rating for the risks that Union City Construction faces as well as any other business or risk that warrants coverage, insurance professionals may add special perils loads for on- and off-premises exposures, plus loads for flood, earthquake, and additional perils common for contractors heavy equipment, as well as loss multipliers and other factors. For the risks that you may face, contact a professional insurance agent who can provide guidance in obtaining this special coverage.

Commercial Real Estate Insurance and Indoor Air Quality

Whether you are developing a new property or managing a current one you have a duty to provide good indoor air quality to your tenants. In situations where there is limited ventilation, indoor air quality is a necessary, but often forgotten, aspect of facility welfare that carries serious implications for the general health of its occupants.

If nothing is done to correct such issues, poor indoor air quality can aggravate allergies, asthma, and other respiratory problems, which in turn could lead to legal problems. Tenants deserved to work in an environment where the air they breathe is healthy.

There are ways to reduce dirt and other contaminants

Striving for better indoor air quality, whether from molds, bad circulation of the airstream, or other causes should be one of your major concerns within a commercial establishment. Doing so can lead to less health troubles, more efficient facilities, and less maintenance of ventilation systems. Taking measures to improve the air can save you both, money, and the headaches that can come with serious litigation issues.

There are several ways to promote improved air quality indoors. One of the simplest ways to achieve this goal is to install floor mats, which would trap debris securely, preventing and containing dirt and allergens from entering the building’s ventilation systems. By so doing, those employed at the facility will be healthier, which is vital to the businesses operating in your building. Employee health is positively correlated with satisfaction, productivity, and overall performance.

Without taking the right precautions, consider if individuals begin to feel sick because of issues stemming from the building’s air; or if everyone in the building is vacated due to poor indoor air quality. The loss of revenues could be devastating to you.

In addition implementing effective loss control measures, the proper commercial real estate insurance provides coverage when issues arise. That means securing Pollution Liability or Environmental Liability Insurance as part of your Commercial Real Estate insurance program. This will provide coverage in the event someone sues claiming that the building where they work contains contaminated air. Be sure to check that you have this coverage, as typically the Commercial General Liability policy includes environmental liability risks.

Combat Breaches with Pennsylvania Cyber Liability Insurance

Companies experience security breaches on a daily basis. It’s quite possible that your company has come under attack by a hacker or even one of your employees. If they were able to access your customers’ names and contact information, or worse, your employees’ social security numbers, you will have to deal with the negative impact of this breach.


Pennsylvania cyber liability insurance can and will protect you in the even of a cyber attack. It may have once seemed like something only large corporations would ever need, or could afford, but a cyber liability policy makes sense for small companies as well.


For example, you can get coverage as high as $30 million, and deductibles as low as $10,000, depending on your needs and what you’re willing to pay. Cyber insurance is becoming increasingly more important for firms with policies offering different protection and benefits, including coverage for regulatory fines or penalties you might incur because of a data breach.


Smaller companies may not have a good risk management program


While big corporations usually have entire departments devoted to analyzing the cyber risks the company could face and setting security policies and procedures to protect against them, as a small business owner, you likely don’t have this added protection, but you can establish protocols to better protect yourself.


One way you can help reduce your risk is by making sure a firewall is in place to protect your network, and also make sure you are implementing social media policies that will better protect you from outside hackers. By being proactive you are less likely to have a breach that could result in a claim.


And remember, your general liability coverage will not provide coverage for a data breach. You need to secure a sound Pennsylvania cyber liability policy that can provide you with the insurance you need.



Expensive Tastes Need Special Insurance Protection

As an individual with means, you can afford just about anything—with assets in the millions, not counting your primary residence, you represent the top of the economic pyramid. It’s a simple fact that you will have certain, very particular needs for Connecticut high net worth insurance that go far beyond those of the average consumer, simply because of the sheer amount of your financial assets that are at risk, as well as the type and additional value of personal property that you have to protect.

For example, consider your home—or if you are like others with the amount of assets at your disposal, your homes. It’s common for individuals like yourself to have residences around the world, often built by prominent architects that utilize premium materials. Furthermore, these homes frequently contain priceless antiques, fine art, collectibles such as silver, coins, stamps, and other expensive items. Go into the master suite and you’re likely to find a Rolex, Cartier, or Patek Philippe watch on the carved black walnut nightstand. Enter the expansive walk-in closet and in the built-in jewelry case there may be sparkling Tiffany diamonds atop platinum bands, strings of black pearls, exquisite Australian fire opals, and other fine jewels.

Shift over into the six-car garage and in every bay, there may be an automotive legend—from a Tesla to a Ferrari, a BMW or Mercedes-Benz, or perhaps a vintage Rolls Royce. On the grounds there may be a poolhouse adjacent to the sparkling swimming pool, a tennis court, a regulation-size trampoline and batting cage for the children, and out back—a sailboat tied up at a private dock. All of these items are there for your enjoyment, but they also present exposures—either from a theft standpoint, or a liability standpoint. Either way, you will need to work with a professional insurance agent who has particular experience in advising clients who need Connecticut high net worth insurance to ensure you are protected, no matter what you own or where it is located. Call an agent today to learn more.

Knowing What’s in a VIN Reveals Pertinent History

Whether you are an insurer, a program administrator, or an MGA, you are always seeking ways to improve and streamline your administrative processes. One way to do this is through automated rating systems that allows you to instantly rate ISO-based or carrier-specific commercial auto insurance business. A fundamental aspect of that rating process involves providing the chassis or vehicle identification number (VIN), a unique code assigned to each vehicle. Without true and correct VIN validation to obtain the data you will be entering into a rating system, the correctness of the data that emerges will be compromised; thus, it’s critical that the insureds you represent understand what the numbers represent, which can help flag problems (e.g., stolen vehicles or those with troubled histories). Here’s some background on these codes and how they work.
The automotive industry uses VINs to identify motor and towed vehicles, motorcycles, scooters, and mopeds as defined by the ISO, standard No. 3833. First introduced in 1954, VINS did not have an accepted standard format until 1981 when the National Highway Traffic Safety Administration required that all vehicles sold for on-the-road use carry a 17-character alphanumeric code, which is embossed onto the chassis of the vehicle during assembly. The letters I, O and Q are not used in any VIN sequence as they are thought to be too easily mistaken for the numbers one (1) or zero (0).
VINS offer a great deal of information about a vehicle’s identity and history, and can be decoded to reveal the manufacturer, the model, the engine or body style, the year, and where the vehicle was assembled. One can use a VIN to follow a vehicle from when it rolled out of the factory to when it was towed onto a scrap heap, and everything that happened to it in between.
Besides the front of the engine block, the VIN may be found in several other areas, such as:
• Front of car frame near the washer fluid tank
• In the rear wheel well
• Inside driver-side door jamb or door post
• Underneath the spare tire
The ninth digit in the sequence represents the vehicle’s check digit code. A calculation can be performed by an automotive expert using this digit to get a value which is compared with the original value; if the two values don’t match (which is likely if someone has attempted to falsify the number), there’s a problem. A thorough check on the VIN number should reveal inconsistencies in a vehicle’s history and legitimacy. Convey this information to your insureds and make VIN validation part of the preliminary steps for vehicles to be insured in order to make sure the protection that is being sought is appropriate.

Policy Protects Consultants Who Are the Epitome of “Small Business”

Talk about the concept of “small business”—when you, as a consultant, are your own business, it’s all up to you in terms of your performance, your success—and unfortunately, your exposure to risk for lawsuits alleging errors or omissions  or allegations of malpractice that you may encounter in the course of doing business. Fortunately, professional liability insurance for consultants is available, offering protection in the event you are sued—a potential lifesaver for your business, because legal defense costs (even if you are found not guilty) can be so expensive. The coverage pays for costs for your defense as well as any settlement, judgment or award up to the limits on the policy.

The coverage came in handy for Kim, who ran a small business as a bridal consultant for many years. Kim took on a Bridezilla-style client who hired her to pull together a fabulous formal wedding for 300 guests. The bride’s budget swelled as she added more and more elaborate food, flowers, liquor, décor, and other items that had not initially been selected. Then just a few days before the event, the groom called the whole thing off, he’d had enough. The would-be bride was enraged when she found out that many of the deposits on the various things she’d ordered for her doomed ceremony were not going to be refunded, despite the late notice. The bride sued Kim, saying she should have been able to wrangle reimbursements for her. Ultimately the court found in Kim’s favor, but the cost to hire an attorney to represent her amounted to several thousand dollars. Fortunately, Kim had purchased a policy that covered her for this sort of risk, so she was not out of pocket for these costs—which would otherwise have sunk her business.

If you provide a service to your clients, consider professional liability insurance for consultants. Contact a professional insurance agent to learn more about this valuable protection for your business.

Creating a Successful San Francisco Employee Benefits Package

As a successful Northern California business owner, you realize that in order to be a competitive employer in the marketplace, you need to offer an attractive employee benefits plan to both current and prospective associates. You want them to understand that you are willing to provide them with the best benefits packages around, which can help retain great employees for the long run.


Knowing what your employees really need 


We suggest you survey employees to see what their biggest needs are in terms of health and finance related issues, rather than make these choices for them. In order to provide the best San Francisco employee benefits possible, they have to serve the needs of those who are making use of them.


  1. Let employees help make these decisions


Employees who are allowed to take ownership of important company decisions, like the offering of their own benefits, will feel a much greater loyalty to their employer, and be more motivated to help in accomplishing the overall company goals.


  1. Work with one source that handles your company plan


It makes much more sense to work with a company that specializes in handling all of the details of your benefits plan, thereby alleviating your employees getting confused and frustrated with a myriad of various vendors for whom to seek services from. By transitioning to this type of structure, there is a much better chance that benefits communication can be more seamlessly aligned to provide a clearer message.


  1. Communicate your benefits program effectively and regularly


If your employees don’t understand what they are signing up for, they are less likely to use, or even apply for, the benefits that are being offered. Make sure that the materials in the package are simple and easy to understand, whether it is in the brochures, on the website, or even in the enrollment materials.


If your employees don’t know how to enroll in the plan or understand how to use their San Francisco employee benefits, then it is more likely they won’t. It’s as simple as that. So, to avoid this from happening, be sure to let your employees know exactly what they need to do.


Orlando Florida Renters Insurance [Infographic]

Orlando Florida Renters Insurance
Courtesy of: Renters Insurance from Newman Crane & Associates Insurance, Inc.