AssetSure, a national independent insurance agency, has promoted Kailin Knecht to Vice President of Operations. In this new role, Kaitlin will oversee operations in Claims, Commercial and Personal Insurance, and Risk Management, while also managing administrative tasks in Accounting, Administrative Support, Human Resources, Training and Education, Marketing, and Information Technology…. [Read More]
Bill Higgins Joins AssetSure as Commercial Lines Insurance Practice Leader
AssetSure, a national independent insurance agency working with leading financial services professionals to protect client’s financial assets, has hired William (Bill) Higgins as Commercial Lines Practice Leader. Higgins will be responsible for management of all aspects of the commercial lines department book of business and will oversee the agency’s property… [Read More]
Careful Planning Makes Yacht Lay-up a “Layup”
When laying up your vessel for the season, allow for time and prepare a plan which considers the following maintenance suggestions: Winterize all systems including the draining of all plumbing, air conditioning, engine, sanitation, and domestic water systems. Ensure the holding tank is empty. Inspect all seacocks. Most importantly, don’t… [Read More]
Are You and Your Company Cyber-Safe?
2021 has been a year in the record books for cybercrime. Cyber criminals have been increasingly emboldened by the increase in remote working and have targeted businesses of all sizes that have weak cyber security. High profile cyberattacks, such as the ransomware attack against Colonial Pipeline in May, make national… [Read More]
Considerations for Worldwide Travelers
Insurance for travel calls to mind trip cancellation or accident insurance. There are other risk factors in travel which should be considered, particularly for international travel. The best way to contemplate travel risk is to differentiate liability, which is the risk of liability or similar suits from third parties, from… [Read More]
AssetSure Names Ted Karlunas Practice Leader of Personal Insurance
New hire to be responsible for personal insurance operations as company expands AssetSure, an independent insurance agency working with leading financial services professionals to protect the financial well-being of clients, announced today the hiring of Ted Karlunas as Vice President, Personal Insurance Practice Leader. In this role, Karlunas will lead… [Read More]
Commercial Office Space and Vacancy Provisions in Insurance Contracts
For owners of commercial property, it is a good time to review vacancy exclusions in insurance policies. Many policies include limitations that may limit or completely eliminate coverage in the event of a loss due to damage if the property has been vacant for a specified period of time (typically… [Read More]
Construction Projects, Renovations and New Construction – Tips for Site Owners
While a new or renovation construction project is in the planning phases, it is important to emphasize the need for the site owner to recognize that while some liability can be transferred through indemnification provisions within contracts and certain contractual wording within insurance policies, there is also a need for… [Read More]
Personal Liability in the Homeowners Form
A homeowner’s policy contains primary home liability which can be extended to other owned locations. It is important to note that an insurance policy is a conditional contract and attention must be paid to title and use of property. Without the correct insurance policy or applicable endorsement(s) there is a… [Read More]
Titles, Ownership and Named Insured – An Insurance Perspective
Real Estate Investments: In the instance whereby there is a transfer of property from personal name to Limited Liability Corporation, or a grant deed recorded, for example a land trust, the insurance company should be notified and an endorsement should be issued on the policy specifying the name of the… [Read More]