Over the last fifty years, captive’s have evolved from covering the uninsurable risks of a Fortune 500 Company to insuring everyday exposures like Workers Compensation and Auto Liability of groups and associations. It is the application of this group ownership approach to medical expense coverage that creates the Medical Expense Group Captive Opportunity.
Archive | March, 2012
I am happy to announce that we have added some terrific panelists and speakers to the Additional Insured and Indemnification Issues Conference on May 11, 2012 in New York City, hosted by my good friends at HB Litigation Conferences. Here’s the update from HB: Samuel Romaninsky, Senior Litigation Counsel for Harsco Corporation – a multinational industrial […]
In the article, Risk managers’ expertise valuable in cyber risk efforts, Business Insurance writes about managing cyber risks and insurance for those risks. The article opens: Most risk managers might not be information technology experts, but they can effectively manage cyber risks by applying their expertise in such areas as contract risks, assessing the value of […]
The 90 cent dollar along with an efficient DRP Captive is an employer’s best chance to reduce its insurance expense. Do the math!
In my 6/25/2010 blog, Why Manufacturers Are Refusing To Name Their Vendors As Additional Insured, I stated that one of the reasons manufacturers are reluctant to add their clients as Additional Insured onto their product liability policy is due to manufacturers not always designing the products they are manufacturing. These manufacturers that build to other’s […]
An insured brought an action against his insurance broker for failing to advise him about the vacancy exclusion in his policy. The action was allowed and the insured was awarded damages. Cheecham v. Saskatchewan Government Insurance  S.J. No. 500, August 2, 2011, Saskatchewan Court of Queen’s Bench, B. Scherman J. The plaintiff, Mr. Roy […]
In her article, Indemnification Agreements: Who Benefits From Your Coverage?, author Samantha Drake writes about insurance coverage, indemnity agreements, and additional insureds. The article opens: Shifting financial liability through contractual apportionment of risk is nothing new. But issues such as the scope of indemnity, choice of law and naming additional insureds adds so many potential wrinkles to an already […]
Among the many excellent carriers who offer RV insurance, Miller’s is proud to work with Progressive and Foremost – both of whom have been recognized as “top notch” in RV insurance. GET A QUOTE. Stay safe and explore with confidence by following these easy tips from the experts at GMAC in North Carolina. 1. Don’t […]