Archive for the ‘Insurance General’ Category
Ways To Find The Best Motor Trade Insurance
October 31st, 2009
Motor trade insurance is imperative for running your motor trade business legally. You need to select an apt motor trade insurance policy to save yourself from a crisis or financial instability. Motor trade businesses are of varied kinds, so you need to have different insurance policies that cater to the needs of all kinds of businesses. With plenty of options available today, it is easy to get confused.
You can choose from road risks policy, liability insurance, comprehensive insurance, third party insurance, third party fire and theft and combined insurance policies according to your business demands and budget allotment. Read full post…
Tags: Insurance, Motor Trade, Motor Trade Insurance, Trade Insurance
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Judge orders insurer to indemnify JPMorgan Chase
October 30th, 2009
The litigation in JPMorgan Chase & Co. vs. Twin City Fire Insurance Co. stemmed from the investment bank’s 2005 agreement to pay $2.3 billion to settle a class action suit and other litigation brought by purchasers of bonds of Ashburn Va.-based WorldCom Inc.
WorldCom revealed in 2002 that improper accounting made the company appear profitable for years. The company filed for bankruptcy later that year and emerged in 2004 as MCI Inc. JPMorgan served as an underwriter in connection with the bonds’ issuance.
According to court papers, Twin City refused to indemnify JPMorgan for the insured portion of its losses. T
Tags: Chase, Jpmorgan Chase
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Employment Practices Liability Insurance – Because Law Suits Happen
October 30th, 2009
Unless you’ve been doing business in an alternate universe, you will not be shocked to know that disgruntled employees like to get even and their favorite tactic is a law suit. Assuming your company is located here in reality land, you’re going to need employment practices liability insurance (EPLI for short)…like the minute you hire your first employee.
The number of law suits filed against employers just keeps going up. No matter that you shoulder the risk, put in a 60-hour work week and haven’t drawn an actual paycheck in months so you can meet payroll. If you’re a business owner, you might as well have a sign on your back that says “sue me.”
And they will. For sexual ha
Tags: Law, Law Suits
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The Resilient Coasts Blueprint
October 29th, 2009
A Coastal Risk Symposium, hosted by the Travelers Institute takes place today at the Maritime Center in Charleston, S.C. with the purpose to “bring together business, government and community leaders to identify strategies and solutions to protect and insure the coastal region.”
Part of the discussion will focus on the Resilient Coasts Blueprint prepared by the Heinz Center and Ceres. The Blueprint concisely states a proposed strategy to address risks posed by coastal development and the commercial insurance costs associated with such risks. It proposes cost effective and common sense solutions to mitigate risks and losses.
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Business Owners Insurance Policy
October 27th, 2009
Business Owners Insurance Policy also known as BOP is a packaged policy that combines Property Insurance and General Liability. It can also come with other add on coverages for small and medium size businesses that are in a low risk class. Some of the factors that go into determining eligibility include annual sales and number of employees. A Business Owners Policy includes property insurance to cover physical assets and general liability for your commercial liability.
Find quotes for Business Owners Insurance by going to the home page of Commercial Insurance .NET
Tags: Insurance Policy, Owners Insurance, Owners Insurance Policy, Policy
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