Posts tagged: Directors and Officers Coverage

Directors Held Accountable

In the world of business, it is not always easy to know which decision is the right one or to balance all the needs of the company overall. Decisions that seemed reasonable when made may turn out disastrous. Details that are critical to execution can fall through the cracks. The results can cost your company money, lead to a loss of your job and, possibly, charges that you should be held personally liable Continue reading “Directors Held Accountable” »

Affluent Americans are Overpaying and Underinsured

Everyone wants to know how to save money while retaining the best insurance coverage.  Patti Clement of HUB International’s Private Client Advisors Group was recently featured in a white paper released by ACE Private Risk Services on  opportunities to maximize the value of your personal insurance. Some interesting findings that came out of the survey of 600 agents and brokers include:

Mind the Gap in Coverage: Umbrella policies are a great tool for protection, but Continue reading “Affluent Americans are Overpaying and Underinsured” »

Prevent a Creditor from Piercing your Corporate Veil

If you think that the “Inc.” in your corporate name protects your personal assets from attack – think again.  As a small business owner whose personal assets are depleting, it is tempting to use your business funds to pay your personal bills – writing checks from your business account to pay your family expenses.  Before long, you may realize that your business has become undercapitalized and is hurdling towards insolvency.  In such a situation, you leave yourself especially vulnerable to a creditor who wants repayment for his or her goods or services. Continue reading “Prevent a Creditor from Piercing your Corporate Veil” »