Insights

2021’s Top Judicial Hellholes

2021’s Top Judicial Hellholes

Throughout the U.S., lawsuit abuse accounts for more than $160 billion in high tort costs and an estimated loss of $143.8 million in lost wages. With such staggering numbers, one particular organization, the American Tort Reform Foundation (ATRF), established the Judicial Hellholes program to gather and report information on various abuses within the civil justice system in 2002. ATRF defines...

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THE 5 MOST HISTORIC US HURRICANES

THE 5 MOST HISTORIC US HURRICANES

Last year’s hurricane season was highly active, with more than twice as many named storms as average. Experts are predicting an even more severe year for 2018. Hurricanes have often been a deadly and highly damaging force. Among the most historic and damaging hurricanes in US history: Hurricane Maria – September 16, 2017 A new report from the New...

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THE 5 MOST NOTORIOUS INSURANCE CLAIMS IN HISTORY

THE 5 MOST NOTORIOUS INSURANCE CLAIMS IN HISTORY

Adequate insurance coverage, paired with due diligence and care, can help protect both businesses and individuals from devastating losses. While most claims are normal and manageable, in some cases, significant losses have led to historic payouts. Read on to learn about some of the largest and most unusual claims in history: Man sues self for...

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STANDARD FACTS ABOUT MINIMUM WAGE AND OVERTIME YOU NEED TO KNOW

STANDARD FACTS ABOUT MINIMUM WAGE AND OVERTIME YOU NEED TO KNOW

The people we hire can be the most valuable assets our companies have. To preserve good relationships, it is imperative to make sure that you are always complying with the most recent minimum wage and overtime laws for your area. Revisiting the laws regularly can help you maintain your familiarity and stay compliant. Meeting Minimum Wage At the...

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SERVICE, SERVICE, SERVICE

SERVICE, SERVICE, SERVICE

We live in an age of instant gratification. Want something to eat, but don’t want to cook? UberEats or GrubHub can deliver from any restaurant in your area. Want a waffle iron? Amazon has 72 distinct models that can be delivered to your house in with free one-day shipping. Want a new life insurance policy? The company that can offer an instant...

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IS GOING ONLINE FOR SERVICES A GENERATIONAL THING?

IS GOING ONLINE FOR SERVICES A GENERATIONAL THING?

In the modern era, it is possible to access services that range from insurance to banking to healthcare information all from your desktop computer or mobile phone. While many new services emerge every year, many have been around long enough that there are now adults who have had access to the internet their entire lives. Is the way that people...

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FLOOD STATISTICS – WHAT ARE THE ODDS?

FLOOD STATISTICS – WHAT ARE THE ODDS?

It often seems that a month cannot go by without reading about catastrophic flooding somewhere. These floods can present high risk of property damage and even loss of life. When you are considering purchasing property that is in a flood plain or otherwise vulnerable to flooding, it is important to understand the level of risk you are taking on....

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DO YOU USE YOUR SMARTPHONE FOR EVERYTHING? HOW SECURE IS YOUR INFORMATION?

DO YOU USE YOUR SMARTPHONE FOR EVERYTHING? HOW SECURE IS YOUR INFORMATION?

We pick up our smartphones dozens of times a day to perform actions that range from looking at friend’s photos, paying bills, or checking our bank statements. But, we often do not think enough about the security of the information that we send. Developing good security habits can keep your information safe, and prevent costly and inconvenient...

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ARE AMERICANS BECOMING MORE HEALTH CONSCIOUS?

ARE AMERICANS BECOMING MORE HEALTH CONSCIOUS?

Frightening headlines about obesity, heart disease, diabetes and other lifestyle-related illnesses are increasing. While many people may look at headlines and despair, there is a great deal of reason for hope. Evidence shows that many Americans are becoming more health conscious and adopting habits that will help them stay vibrant and active...

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WINTER WEATHER MAINTENANCE- WHAT IS YOUR RESPONSIBILITY?

WINTER WEATHER MAINTENANCE- WHAT IS YOUR RESPONSIBILITY?

Winter weather doesn’t just mean bundling up against the cold. It also means additional responsibilities for property owners. Make sure that you keep up on maintenance tasks like the ones below to keep your properties safe: Inspect trees for hazards. High winds and the weight of snow can take down limbs and present a hazard. Remember that each...

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HEALTHY HABITS FOR THE NEW YEAR

HEALTHY HABITS FOR THE NEW YEAR

The start of a new year is the perfect time to add healthy habits into your life. About 40% of US adults make some sort of New Year’s Resolution every year. Not sure where to start with a positive life change that can yield some healthy dividends? Consider any of the following new habits: Do some strength training once a week. A vague commitment...

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MARKETING TIPS FOR THE NEW YEAR

MARKETING TIPS FOR THE NEW YEAR

Digital marketing has become essential for businesses in virtually all industries and niches. It is vital that you and your team are well-informed of the ways that your prospects look for information to help them make decisions. In the new year, work on these areas to build rapport with prospects and increase your conversion rate. Develop a...

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6 FACTORS TO CONSIDER BEFORE RENTING YOUR PROPERTY DURING THE WINTER SEASON

6 FACTORS TO CONSIDER BEFORE RENTING YOUR PROPERTY DURING THE WINTER SEASON

When you are away for the season, it makes sense to make your unoccupied property work for you. To ensure rental income is a net positive instead of a liability, make sure you take these considerations into account: Is your home in good condition for renting? Any needed repairs and updates should be in place before you start looking for renters....

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WHAT’S THE REAL PROBLEM WITH RANSOMWARE?

WHAT’S THE REAL PROBLEM WITH RANSOMWARE?

When hackers successfully encrypt the computers of a large public company, the media pays attention.   In 2016, around $1 billion in ransomware payments were paid, over four times as much as was paid the year before. It’s likely that 2017 will see an even higher number.  There is no doubt that ransomware demands will continue to increase. While...

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ARE YOU PROTECTING YOUR VACANT PROPERTIES?

ARE YOU PROTECTING YOUR VACANT PROPERTIES?

Properties become vacant or unoccupied for a number of reasons…Tenants move out, elderly owners pass away, prior owners list the homes for sale, etc. The number of vacancies tends to increase as the economy gets tougher as well. Whether it is a large commercial building or a small single-family dwelling, being aware of the potential hazards...

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CONSIDER THIS BEFORE INSURING YOUR NEXT HIGH VALUED HOME

CONSIDER THIS BEFORE INSURING YOUR NEXT HIGH VALUED HOME

When it comes to high net worth clients, things can get complicated. But properly insuring their homes doesn’t have to be… It is our responsibility as insurance agents and brokers to educate the homeowner on ways to protect their largest asset. Homes that have a Replacement Cost over $1,000,000 are considered “High Valued”. However, Replacement...

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LLOYD’S CLAIMS HANDLING

LLOYD’S CLAIMS HANDLING

When coverage is bound with Underwriters at Lloyds, London, several syndicates share a percentage of the total risk. The syndicates which bear the largest share of the risk are called the “leads” or “co-leads” depending on how many syndicates share a particular portion of any given risk. Quaker Special Risk has delegated authority for Lloyds’...

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THINK YOU DON’T NEED CYBER INSURANCE? THINK AGAIN.

THINK YOU DON’T NEED CYBER INSURANCE? THINK AGAIN.

If you are a business owner whose business is something other than information technology or network security, cyber insurance may seem unnecessary. Network security may seem like something you can just hire someone else to worry about. If you have even a single computer that is used in the course of running your business, however, you are...

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SPEND YOUR MONEY WISELY: A HOMEOWNERS GUIDE TO ROOFING MATERIALS

SPEND YOUR MONEY WISELY: A HOMEOWNERS GUIDE TO ROOFING MATERIALS

A roof replacement is one of the most expensive maintenance tasks homeowners will face. It’s important to make the most of every dollar spent on a new roof. The following roofing materials offer the high quality and durability that will serve you well for many years to come. Reflective shingles Also known as cool roofs, these shingles reflect...

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IMPACTED BY MALWARE? HOW TO MINIMIZE LOSSES DURING A RANSOMWARE ATTACK

IMPACTED BY MALWARE? HOW TO MINIMIZE LOSSES DURING A RANSOMWARE ATTACK

If you are not prepared, ransomware can be expensive. When one law firm was attacked, the total cost added up to $725,000 between the paid ransom and lost business. The attack began when a lawyer at the firm opened an infected attachment, which infected the firm’s entire computer network. To get their encrypted files back, the firm had to...

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