How is MICRA changing insurance premiums?
As the California legislature passed the new Assembly Bill 35 (AB 35), many in the insurance industry are wondering how it will affect insurance premiums in the state. AB 35 will impact the value of claims in the primary layer of medical professional liability insurance, but its effect on pricing will depend on the type […]
1099 Employees Working in Live Events: Why You Need Crew Cover Insurance
In the dynamic and fast-paced world of live events, ensuring the safety and well-being of crew members is crucial. With the inherent risks associated with audio/visual, power, stage/set construction, general crew, and various other roles, it becomes essential to have reliable insurance coverage. Fortunately, there is a crew cover program designed specifically for 1099 employees […]
Why Businesses Need These Insurance Products
In the case of an unexpected death or disability, a business can face hardship and significant economic consequences… But in this episode, we’re covering two essential products that can mitigate this risk: key person life insurance and excess disability insurance. Here to speak with me is Lynne Rosenberg, President of Innovative Solutions, which provides broad […]
Introducing Liberty’s National Healthcare Services Practice
The healthcare industry is an incredibly important and rapidly growing field. As our population ages we require more healthcare services, accordingly the demand for these services continues to rise. That’s where Liberty’s Healthcare Practice comes in – they specialize in helping healthcare providers of all kinds find the insurance coverage they need to protect their […]
The Insurance That Protects Your Business From Cyber Crime
We’ve all been notified by a company we patronize that our personally identifiable information (PII) has been hacked. It can be a real headache for us customers. (PII can include customer names, birth dates, Social Security numbers, driver’s license numbers, credit card numbers, bank information, and more. In the case of healthcare businesses, add medical […]
A New Seller Fraud Policy for Buyers in Lower Middle Market M&A Deals
One of the main risks in M&A transactions is a so-called innocent, or accidental, misrepresentation. This is when a Seller makes an untrue statement about their company. They’re not doing it maliciously or “on purpose,” so it’s not fraud. Seems hard to believe, but in our quickly evolving regulatory environment, these issues can pop up […]
Liberty Unveils National Healthcare Services Practice Group Practice led by former McGriff Insurance Executive, Tim Mooney
GAINESVILLE, FLA. – June 5th, 2023— The Liberty Company Insurance Brokers (Liberty), one of the fastest-growing privately held insurance brokerages in the nation, is pleased to announce the launch of its highly anticipated National Healthcare Services Practice Group. This milestone marks the second in a series of niche practice groups that Liberty will introduce throughout […]
How Quality of Earnings Reports Affect Transactions
How can quality of earnings reports impact lower middle market transactions? Patrick McMillan, CFO and Transaction Advisor at Amplēo, is here to share how sellers and buyers can leverage this tool for smoother transactions. Patrick will cover: What is a quality of earnings report? Why is it different from an audit? How to tell a […]
TLPE Insurance – A Must-Have for Lower Middle Market M&A Transactions
If you’re involved in lower middle market M&A, you probably know that traditional, Buy-side Representations and Warranty (R&W) insurance is not available to cover most transactions because of their small size. However, in recent years, alternative transactional liability coverage has come onto the scene for deals under $20M: Transaction Liability Private Enterprise, or TLPE. TLPE […]
Logistics Problems in the Construction Industry and Their Impact on Insurance
Introduction: The construction industry relies heavily on efficient logistics to ensure the timely delivery of materials, equipment, and personnel to construction sites. However, logistical challenges can significantly impact construction projects, leading to delays, increased costs, and potential risks. Let’s explore five common logistics problems in the construction industry and discuss their implications for insurance. Supply […]