• Subrogation

    An insurance policy, no matter what is being covered, is a contract between the insurance company and the party that wants protection. When a policy involves liability coverage, the contract, essentially, means that the insurance company will handle losses (injuries to other people and/or loss or damage to property that belongs to others). However, eligible losses are restricted to those that are the policyholder’s legal responsibility. There are many times that a loss is settled under a liability policy; but someone else may actually be responsible. Consider an example:

  • Hold Harmless Agreements

    The quality of our lives is highly affected by how we choose to spend our time. Any activity involves a chance that a loss could occur:

  • Entertaining Exposures

    From the smallest towns to the largest cities; there’s the repeated scene of a bar or club filled with people. They gather to eat, drink and to be entertained. Three sources of entertainment are still quite popular: live bands, DJs and karaoke. While many performers who provide these services do so full-time, the vast majority don’t. In fact, many such performers treat their activities as hobbies instead of businesses and that can create problems.

  • Electronically Stored Information

    All businesses deal with Electronically Stored Information (ESI). It consists of documents that are kept in a paperless rather than a paper format. Therefore, it can consist of, well, nearly anything such as bills, receipts, contracts, correspondence, orders, internal memos (e-mails), payroll records, tax records, and so on. For various reasons, you may be required to reproduce and share information. The requirement may come from a customer, the IRS or, from someone who is suing you. It is the latter circumstance that has made ESI so prominent.

  • Lords of Land

    Being fortunate enough to own property beyond one’s personal residence is both a blessing and a huge responsibility. When you rent out your property to others, in the form of an apartment, townhouse, condo, home or other structure, that responsibility increases and so does your chance to suffer either a property or liability loss.