Blog • Risk Management
2012 Changes to Texas Insurance Certificates
03.21.12
By Chris Peterie, Swingle Collins & Associates
Time to reexamine your certificates of insurance: The Texas laws regulating how companies communicate insurance coverages has been updated as of January 1, 2012.
Senate Bill 425 enforces that certificates state exactly what risks are being transferred to an insurance carrier through its leases and contracts. Certificates may only include language which is written in the insurance policy. They cannot:
posted by Rachel Meador on 03.21.12 • comments (0) • Risk Management
Why Don’t You Buy Flood Insurance?
01.26.12
From Swingle Collins & Associates
Did you know flood is an excluded peril on most homeowners and commercial insurance policies? This is not a pressing concern to most people who live in a low or moderate flood risk area, but 30 percent of all flood insurance claims come from areas with minimal flood risk (source: http://www.floodsmart.gov). Hurricane Katrina was the most costly flood event in history causing over $17 billion in ...
posted by Rachel Meador on 01.26.12 • comments (0) • Risk Management
Workers Compensation vs. Occupational Accident – Does an Alternative Make Sense?
01.26.12
From Swingle Collins & Associates
Why would a company decide to go bare on Workers Compensation Insurance in Texas? Cost? Because it’s not required? A bad memory of comp in the 80’s? Whatever the reason may be, the reasons to carry workers compensation are much more compelling that the reasons to carry occupational accident. If cost is your issue, you need to understand that through the use of medical networks, deductibles, ...
posted by Rachel Meador on 01.26.12 • comments (0) • Risk Management
Swingle Collins & Associates Spreads Holiday Cheer in Afghanistan
01.19.12
The good folks over at Swingle Collins & Associates sent 53 total boxes to a group of 35 soldiers (one box per soldier plus extra goodies to share). The boxes were full of basketballs, footballs, games, Frisbees and more!
posted by Rachel Meador on 01.19.12 • comments (0) • Risk Management
Insurance Case Study: $58,000 savings against an ‘industry insurance program’
02.23.11
By Chris Peterie, Swingle Collins, Risk Management Expert
Industry: Landscaping
Savings : $58,000 or 52%
Exposure: $10 million
The Insurance Problem
A local landscaping company in business for over a decade was working with an agent who had a 'special landscaping insurance program.' With a hunch that maybe their agent's price wasn't as competitive it could be, the landscape company ...
posted by Rachel Meador on 02.23.11 • comments (0) • Risk Management
