hazardous waste sites that are being shunned by owners and operators in fear of being saddled with cleanup costs, would be exposed. Voluntary state cleanup programs would also allow for greater incentives. These incentives would include relief from liability for future cleanup; variable (versus uniform) cleanup standards that link the level of required cleanup to the future use of the site; flexible enforcement of environmental regulations; expedited permitting; and financial support for…
only catch up with but also improve on the renewal expense ratio attained by the erstwhile leading insurance companies in India. Mohsin (1966)2 suggested that the requirements of the financial system in India and the interest of the policyholders called for a modification in the investment policy of the LIC. The 28 study also highlighted that insurers abroad with more or less similar liabilities and characteristics had been constantly re-shifting and re-aligning their investment portfolio…
Event Chairman – An Overview The Event Chairman guides the chapter in accomplishing the Fraternity goal of attaining individual and social excellence. She educates chapter members concerning acceptable behavior in all settings and ensures Kappa Policies and Risk Management Procedures are followed during an event. Role of the Event Chairman: ➢ Plan and coordinate chapter events and activities. ➢ Educate the chapter on social graciousness. ➢ Define acceptable behavior, conduct and personal…
you will be required to pay homeowners insurance until your loan is paid off. But what many homebuyers don 't always think about prior to putting a contract on a home is how much that homeowners insurance will cost. The cost of your homeowners insurance is usually split up and paid monthly along with your mortgage payment. Therefore, if you didn 't anticipate those extra costs, which could also include your property taxes and perhaps property mortgage insurance (PMI), if you didn 't put 20…
any time thereafter. 4. INSURANCE COVERAGE The building (with the exception of your personal possessions) is insured through CMW, a leader in strata corporation insurance in the Lower Mainland. A summary of the insurance policy will be included with your notice of Annual General Meeting. The strata insurance covers liability, fire and flood emergencies, structural damage and full replacement cost of the building. We strongly recommend you purchase contents and liability coverage to protect…
organization. The company was first founded for “the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles” and now has “broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and…
consider getting insurance coverage regarding property insurance to guard against losses connected to building and content as a result of fire, flood, and others. In addition, the entity may want to consider obtaining insurance protection to safeguard against liabilities resulting from claims against the entity or its associates. For example, in the event that a client requests a tailored art piece from the entity and the specifications given are not satisfied, this type of insurance would come…
Background The sharing economy has upended the operating model of many industries leaving many companies struggling to adjust to the changes. Car manufacturers have remained unaffected, but many now feel that this reprieve may be temporary. The sharing economy’s origins can be traced back to the start of EBay in 1995 . EBay provided users an international platform to sell their personal items. For the first time, any seller could connect to a buyer regardless of geographic location. However, it…
Aha Insurance – What All Renters Need To Know About Insurance The Insurance Bureau of Canada has calculated that approximately 50% of Canadians who rent homes – apartments or houses – do not have insurance, but this does not mean that renters should not have insurance. On the contrary, it means that 50% of Canadians who rent houses or apartments are exposing themselves to unnecessary financial risks. What Should All Renters Know About Insurance? 1. Legal Liability If there is an accident…
The Pennsylvania workers’ compensation system is designed to protect both employers and employees. Employers who have workers’ compensation insurance are protected from a direct lawsuit for injuries sustained on-the-job; whereas, employees receive the medical treatment they need and are compensated for any lost wages that are associated with any injuries and disease sustained while at work. Employers and workers’ compensation coverage – Pennsylvania law For the majority of employers in the…