As a homeowner you should be as prepared as possible for all eventualities. But this is not a “set it and forget it” situation under any circumstances. You need to be constantly reassessing the various threats that could significantly affect your lifestyle and at the very least you should be making a date with your calendar to check everything on January 1.[Read more…] about As the New Year Unfolds Your Home Insurance Coverage Could Be at Risk
What is product liability?
Product liability is the idea that a manufacturer and possibly a distributor or retailer is responsible for injuries caused by product defects. Though this is a broad concept, it primarily relates to physical products – not services or advice. Products can cause fires, discoloration, sickness and even death. And not every bad product is made by a malevolent company that tries to cut costs at the risk of lowering quality, or ignore the problems when first reported: most flaws are just accidents, mistakes made by well-intentioned people somewhere along the production cycle.[Read more…] about Product Liability and the Manufacturing Cycle
Directors and officers insurance protects publicly-traded companies and non-profits from any errors or damages perpetrated by their board members that might cause financial loss. It’s a smart decision to purchase this insurance before it is needed – even if every board member seems like a flawless addition to your agency.
Running a non-profit is hard work – but greatly satisfying to the volunteers, staff board members and the people you serve. It pays to provide them with protection against claims of negligence or mismanagement.[Read more…] about Do You Need D&O Insurance for Your Board Members?