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Do you sponsor corporate functions, holiday parties, meetings or other social events where alcoholic beverages are served? Do you rent to tenants who sell or serve alcohol? If so, you need to be aware of liquor liability exposures and the extent of coverage provided by your insurance for claims related to selling, serving or furnishing alcoholic beverages. A Commercial General Liability (CGL) policy contains language that excludes liquor liability coverage if your company or organization is ...

You Could Be Held Liable If Guests Get Drunk Halloween can be a fun time of trick-or-treating, jack-o'-lanterns and costume parties, but it can also be a deadly time of increased drunk driving and could be especially worrisome this year since the celebration falls on a Saturday. Anyone hosting a Halloween party should take steps to limit their liquor liability and make sure they have the proper insurance, according to the Insurance Information Institute (I.I.I.). Social ...

The Internet has changed the way most of us do business and has increased liability exposures. If any of the items listed below apply to your business, you most likely have Cyber Liability exposures. you communicate by email you provide information or services through a website you conduct e-commerce you store and use customer information electronically why be concerned? While there are many publicized hacking attacks against large companies reported in the news, smaller companies face ...

Liability insurance is for everyone. You don’t have to be a millionaire to be sued like one. The legal fees to defend yourself in a lawsuit can be financially crippling regardless of whether you’re ultimately found responsible or not. If found liable, you can’t predict what a judge or jury will award, but huge settlements are common especially when bodily injury is involved. In a serious accident the personal liability limits of an auto, home or renter ...

  A good host is a responsible host when it comes to serving alcohol Parties and social gatherings are often a big part of the holiday season. But hosts who serve alcohol should take steps to limit their liquor liability and make sure they have the proper insurance, according to the Insurance Information Institute (I.I.I.). Social host liability, the legal term for the criminal and civil responsibility of a person who furnishes liquor to a guest, can have ...

Social networking has become part of the fabric of daily life. Facebook®, Twitter®, Instagram®, Snapchat®, blogs, and other online chatter continue to grow. And, it’s led to an increase in lawsuits based on defamatory or libelous statements. What people “say” on the Internet As you’ve probably seen, some people make some awful stupid statements online, and YES…it’s all in writing. Defamation is spoken or written words that falsely and negatively reflect on a living person’s reputation. Foolish things ...

A recently published white paper by Robert P. Hartwig, Ph.D., CPCU and Claire Wilkinson examines the current exposure to cyberrisk and how insurers are responding: Interest in cyber insurance and risk continues to grow beyond expectations in 2016 in part due to high profile data breaches, but also due to awareness of the almost endless range of exposures businesses face. Attacks and breaches have grown in frequency, and loss costs are on the rise. ...

The homeowners policy liability section covers only "bodily injury" and "property damage." Thus, any type of non-bodily injury such as personal injury is excluded without the attachment of a personal injury endorsement.  Examples of personal injury claims include wrongful eviction, wrongful entry, and oral or written publication that injures a party's reputation. This latter event is becoming particularly problematic with the rapid growth in social media.   Here are some tips to help you carefully manage ...

Cost per claim soars to more than $37,000 per bite Dog bites (and other dog-related injuries) accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2015, costing in excess of $570 million, according to the Insurance Information Institute (I.I.I.). An analysis of homeowners insurance data by the I.I.I. found that while the number of dog bite claims nationwide decreased 7.2 percent in 2015, the average cost per claim for the year was ...

If you're company does business in Connecticut, be aware of revised legislation imposing strict notification requirements in the event that your company experiences a data breach.  Senate Bill 949, 'An Act Improving Data Security and Agency Effectiveness' makes changes to Connecticut's data breach notification law and was signed by Governor Dannel Malloy on June 30, 2015.   The new law requires that consumers be given notice no later than 90 days from the discovery of ...

 

The information provided in these articles are only general descriptions and should not be relied upon as complete, correct or accurate for your specific situation. All coverage informaiton is subject to policy provisions, endorsements and may be  subject to your meeting underwriting qualifications. Murphy Insurance Agency is not engaged in rendering legal, accounting or other noninsurance professional services. Consult an appropriate professional for advice regarding your own situation.