Archive | September, 2011

An insured was not entitled to fire insurance when his psychotic son set fire to his house.

Mr. Darch set fire to his parents’ home resulting in the total destruction of the premises. He was charged with arson but found "not criminally responsible" for the offence in the criminal proceedings. The home was insured by the defendant insurance company. The insureds submitted a proof of loss regarding the fire and were denied coverage on the basis […]

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Judy Greenwald quotes me in her Business Insurance article, “Plan ahead to tackle data breaches.”

In her article, Plan Ahead to Tackle Data Breaches:  Response strategy should be in place before problems arise, Business Insurance author Judy Greenwald writes about data breaches, responding to and remediating data breaches, and insurance for data breaches. The article opens: Establishing a data breach response plan before a problem occurs will help firms navigate the delicate issue of when they […]

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SC Supreme Court Reverses Crossmann and Tackles Progressive Property Damage Under Successive Carriers

Prior blogs explained the SC Supreme Court’s terrible decision in Crossmann and the resulting involvement of the SC Legislature in enacting a statute to overturn this decision. Now, the SC Supreme Court has come to its senses and has rendered a new decision effective August 22, 2011 overturning its prior opinion. Therefore, the Newman vs. Auto Owners case […]

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Are Claims-Made Product Liability Policies Cheaper? Yes and No!

One of the primary reasons many businesses purchase a claims-made product liability policy is the perception that it is cheaper than an occurrence based policy. On the surface, claims-made policies can be cheaper that their superior counterpart, occurrence based policies. However, when you examine claims-made policies closer, you may find, in the long run, they […]

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The Fragmentation of the Work Comp Market in California

The number of players in the California Work Comp Market right now is staggering. I do not believe that California consumers have ever had this wide range of choice in selecting an insuring company. The widening of this market has brought relative chaos to the old orderly system, which did not offer many choices, but […]

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Interested in learning more about insurance for technology firms’ outsourcing relationships?

Julie Davis of Risk Communities asked me to speak with her again about insurance coverage issues for high tech firms.  In this video, we talk about insurance coverage for outsourcing relationships, particularly for technology firms.  Here is how Risk Communities described the video interview: The technology industry is rich in its outsourcing relationships.  The industry outsources […]

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Ace your Life Insurance Exam

6  easy steps for the best results on your life insurance  physical 1. Allot 30 minutes for a full physical (plus an additional 30 minutes for any required X-Rays or EKGs). 2. Schedule your exam when: your stress level is low, you are well-rested,you not under pressure and not in a hurry. Many feel the […]

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