Archive for September, 2009

In The Office- September 22, 2009

Tuesday, September 22nd, 2009

intheoffice

I asked around the office to see if anybody collected anything interesting. Although most of us here at Stuckey and Company do not own collections (other than debt and dust), there are a few who treasure hunt for some interesting items. In fact, other than Kyle and Chris Boylan’s baseball and hockey cards, collected years ago and long gone by now, the only commonly collected category of items around here is Chris Irvin’s coins. Chris said he just recently started acquiring Presidential Dollar coins, which made me wonder how many objects must be accumulated before it is considered a collection. Once he got his first coin, was he an official “coin collector”? Susan thought that a single item could be considered a collection, but it must not be acquired out of necessity. I further that notion by adding that it must hold some value to the collector, be it emotional or monetary. What compels one to choose to collect a specific category of items? Most kids collect something and I believe that their collections are a demonstration of the desire to be unique and to create an identity, but as we get older, collections tend to speak more to the collector instead of making a statement to others. In fact, if I hadn’t asked, I wouldn’t know that Mary collects antique oil lamps. I wouldn’t know about Teresa’s jewelry and clutch purse collection inherited by her grandmother or Shelli’s concert ticket stubs, or Jerry’s empty Bud Light beer can collection –which coincidentally gets hauled away every Tuesday (recycling day). Kerry’s collection is a bit more conspicuous though. His gorgeous Hotrods include a 1940 Ford, 1964 ½ Mustang, and a 1965 Mercury Comet Caliente, which he’ll occasionally bring to the office. Collections are such a great way to connect people who share common interests and they make great conversation pieces to get to know others better. In fact, most people are eager to talk about how they acquired this piece or the significance of that one. Just don’t forget to make sure they tell you if those valuable collections are covered by their insurance policy. Call Shelli or Lindsay here at Stuckey and Company if you have coverage questions. If you’re lucky, Shelli might just tell you about the concerts where she got all those ticket stubs in her collection.

Attend our Chubb Portfolio Webinar on September 24!

Monday, September 21st, 2009

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Click below to register for Stuckey & Company’s informative Webinar on the Professional Lines offered through the Chubb Portfolio Program on September 24, 2009 at 10:30 am cdt. Chris Boylan, Dwight Stuckey, and Adam Erickson from Chubb will discuss:

* What is the difference between D&O and EPLI coverage?

* Who needs it?

* Product benefits and selling highlights

* Policy language and exposures

* YOUR questions!


Protect the Environment, Protect Your Clients- with Environmental Liability Insurance from Stuckey & Co

Monday, September 21st, 2009

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In the 1980s, Environmental Liability Insurance was an emerging field. Regulations were developing, and insurers were conservative in expanding their coverage to new exposures.  Today, the Environmental Liability industry has matured, offering companies the protection they need in a myriad of environmental situations.  Stuckey & Company provides access to premier Environmental Liability coverage for many different clients from small contractors to large conglomerates.

Until recent years, CPL policies, or Contractors Pollution Liability, typically applied to firms with significant environmental exposure such as tank installers, drillers, and hazardous clean-up companies.  Now, even non-environmental contractors such as painters and road repair contractors can protect themselves from financial loss resulting from a pollution incident.  CPL policies offer custom-tailored options, and can be project-specific or blanket.

Another important offering in the Environmental Liability Line from Stuckey & Company is Environmental Site Liability (ESL).  This coverage protects clients from claims involving bodily injury, property damage or clean-up costs related to environmental situations.  Certainly there are operational risks, especially for industries like agriculture, aviation, hospitals, and golf courses.  Yet, there are transactional risks that have become increasingly important for firms to manage, especially for those who are selling, purchasing or merging with another company.

Environmental Liability coverage from Stuckey & Company is backed by Chubb Environmental Solutions, offering benefits for clients and agents alike.  Each Chubb underwriter has an average of nine years experience with environmental insurance.  The program offers dedicated engineers that assist with critical components including exposure analysis.  Chubb also offers a centralized claims process and a local presence across the country.  And of course, each agent can expect the dedicated service upon which they have come to rely with Stuckey & Company.

For more information about the Environmental Liability Insurance program, please contact Chris Boylan at 1-800-828-3452 x35 or chris@stuckey.com.

Important Coverage from Stuckey & Company Protecting Small Companies from Big Business Threats

Friday, September 11th, 2009

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The business world today is full of risks and requirements. Companies have realized, after scandals like Enron and WorldCom, the potential for mistakes made by their managers, directors and staff. Every day in virtually every business, there are countless circumstances that could lead to messy investigations or legal ramifications if they are not properly insured and protected. Fortunately, Stuckey & Company offers insurance programs to protect employees as well as the managers who employ them.

D&O (Directors and Officers) is liability insurance that provides coverage for company managers. Directors and officers of all types of companies can be sued for negligent acts, omissions or misleading statements by a whole host of constituents.

E&O (Errors and Omissions) or Professional Liability, as it is sometimes referred to, provides protection to those who make recommendations, design solutions, or represent the needs of others. In this litigious environment, service professionals are not immune from allegations of negligence, misrepresentation, or inaccurate advice. As the United States moves more towards a service-oriented economy, the need for proper E&O coverage is ever-growing.

EPLI (Employment Practices Liability Insurance) protects employers from lawsuits brought on by workers who claim their legal rights as employees were violated. With over 60% of all companies having been sued for some sort of employment practice, there is certainly a rising tide of litigation alleging discrimination, sexual harassment, wrongful termination, breach of contract, and other torts. Even smaller companies encounter significant risk every time they carry out the most basic practices such as hiring, granting bonuses, or offering promotions.

The Professional Lines from Stuckey & Company offer custom-tailored solutions for all of these important business coverages. By offering competitively priced products, Stuckey focuses on providing small- to medium-sized companies with the coverage they should not go without. Stuckey’s experience in the industry allows smaller companies to access comprehensive coverage programs with limits and minimum premiums that match their exposure. Contact Stuckey & Company to learn more about each of the valuable liability programs specifically designed for the risks and requirements facing businesses today.