Best Cheap Insurance Quotes

The end of the year is the time to review your business insurance. That isn’t just my advice. Brian Smith is the InsuranceEdge Advisor to American Express OPEN and has offered a “checklist of changes” for small businesses to consider when reviewing their insurance coverage.

Some of his tips include:

• More money means more insurance: Insurance isn’t only meant to cover your physical assets. If revenue numbers have changed significantly, the level at which your business is covered may need to be revisited. The amount of money your company makes can alter your coverage.

Three federal judges have upheld health care reform.

But, U.S. District Judge Henry E. Hudson, from the United States District Court for the Eastern District of Virginia, has found it unconstitutional.

What will be the immediate effect on health insurance reform? Nothing.

Virginia, through its Attorney General, challenged Section 1501 of the Patient Protection and Affordable Care Act. This section requires individuals to obtain a minimum level of health insurance or face a penalty. Now, I would just like to point out that nearly every state in the nation requires employers to do that with workers’ compensation and drivers to do the same with automobile liability insurance – but, I digress. In any case, Virginia took particular offense to having its citizens required to obtain a minimum level of health insurance.

Risk managers and corporate counsel may want to check out an audio conference coming up on January 7, 2011.

The conference, entitled “Data Breach Insurance: Key Clauses and Language You Need to Know,” starts at 1:00 p.m. There is a fee and you can get more information and register at: thelegalconferences.com.

The conference will have a question and answer session. It will address important business insurance coverage considerations and issues. Depending on your state, continuing education credit may be available.

The Grinch was out today, so Max gets stuck with the duty of providing the safe holiday party tips. We were going to ask Don Draper, but his idea of a holiday office party is… no longer appropriate.

To be fair, Max did not invent this list. It comes from the Department of Labor. The DOL and National Highway Traffic Safety Administration estimates that the annual cost to employers for automobile accidents where a driver was impaired is $9 billion including “wage-risk premiums.”