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Recent Claims Stories
Providing you with "hands on" education
into recent claims and how to avoid costly gaps in insurance
coverages.
July, 2002
Vol.1 No.1
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| Customer slipped and fell
down a staircase |
$750,000
out of court settlement (potentially over a $1,000,000
claim) |
$1,000,000 underlying
liability and a $1,00,000 umbrella
Cost: $750.00 anually |
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| Improper time clock
proceedures |
$250,000
and class action lawsuit $150,000
and |
EPLI coverage with Fail
Labor
Cost: $2,000.00 annually |
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| Sexual harassment between
employees |
Lawsuit intended
damages unspecified |
EPLI coverage
Cost: $2,000.00 annually |
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| Sewer Pipe Burst |
$11,000
repair bill
Insurance paid $10,000 |
Restaurant package back-up
sewer and drain endorsement
Cost: $0 (Included in many
packages) |
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