Professional liability coverage — often referred to as Errors & Omissions insurance — is a specialty coverage for various professions that provide expert services and therefore are held to a higher standard of care in their industry. If your business performs a service or provides advice for a fee you may have a professional liability exposure.
March 23, 2010 marked the adoption of the Patient Protection and Affordable Care Act (PPACA), now better known as the Affordable Care Act (ACA) or Obamacare. For the medical insurance community and American citizens, it was a date that would entirely upend the understanding and implementation of medical insurance for both corporate America and individuals buying medical insurance.
The year 2020 has brought many unexpected changes to the world, including the insurance markets. We were already experiencing hardening market conditions in the insurance industry even before the COVID-19 pandemic applied further rate pressure.
When looking for strategies that can help a private equity firm protect the investments in its portfolio and give them a competitive edge, many executives are now turning to Trade Credit insurance as a solution.
The month of May was Mental Health Awareness Month. June is here and mental health awareness should be just as important and available.
Benefits professionals have no doubt always believed their contributions were crucial to the overall success of their employers. But that’s perhaps never been truer than it is today.
Cybercrime is all over the news lately. Reports of data breaches affecting hundreds of millions and sometimes even billions of customers and account holders have sadly become routine. While cyber-attacks on corporations and other large organizations tend to get most of the attention, financially successful individuals and families are equally appealing targets.
Hardly a week goes by these days without news coverage of the latest mass shooting somewhere in America. Last year alone, there were 340 mass shootings in this country, and that number will likely be even larger this year. The locations and other details may vary, but these violent episodes otherwise seem to have a numbing sameness.
As employers face a growing tangle of laws and regulations governing mandated employee leave, an entire niche has arisen in recent years to help them cope: the absence management industry.
Do you really know why you are paying what you are paying, or even more importantly, what your insurance is protecting you from? Let’s talk a bit about why you need to change your thinking and how starting an insurance brokerage has opened my eyes to these and other insurance-related issues.