Marriage, a new baby, a teen’s first car, a student going to college, retirement — many of life’s major events can affect not only your life insurance and estate plans but also your property and liability insurance. This article discusses several key life events and how those events impact insurance coverage.
Those in the public eye have both the blessing and burden of a complex lifestyle, and it’s imperative that they have the proper insurance program in place to protect what they’ve earned. This articles discusses the pros and cons of enhanced insurance coverage for a number of valuable assets, which includes yachts, art and even the ident...
On September 15, 2015, the SEC issued a new Risk Alert on cybersecurity that registered Broker-dealers and Investment Advisors need to review closely. This latest alert by the SEC's Office of Compliance Inspections and Examinations (OCIE) follows an announcement in April 2014 that it would examine the securities industry to identify cyber...
As we enter the ninth year since the Federal Reserve Bank slashed interest rates in response to the Great Recession, many Wealthy Families are looking for ways to deploy cash into the fixed income markets. This comes at a time when most market pundits are predicting that the Federal Reserve Bank will finally begin to raise interest rates at the sch...
Cyber threat is as old as the internet itself. While some attacks are politically motivated, the majority are carried out for financial gain. The potential profit to be made with someone’s personal information, particularly if the individual is of high net worth, is great—in fact, it’s a more lucrative industry than the illegal dr...
Statistics show that teenagers are more likely than any other age group to be in an automobile accident. In several tragic incidents, the use of a cell phone was involved. Some accidents, however, simply reflected the teenagers’ lack of driving experience. As a parent, you can help your teenager become a safe and skilled driver by setting a good ex...
Fund groups face disruptive developments, as advances in financial technology, often called fintech, continue at an ever more rapid pace. Even as new efficiencies and opportunities blossom, regulators have pushed financial firms to recognize the dangers of technological failures. To prepare for the changes ushered in by fintech, it is important for...
While not every breach involves a type of personal information that requires notification or disclosure, every breach requires attention and an individualized response tailored to the facts and nature of the breach, and an evaluation of how processes can be improved to minimize the risk of future breaches. The most recent Security Breach Notificati...
The dynamic of having an exciting company with immediate needs juxtaposed against the uncertainty of the company’s growth or other changes in the coming years requires a thoughtful and practical approach when it comes to negotiating lease terms. The issues to consider for these types of leases are not just an “us versus them” or a...
In an illustrative, legal analysis on the ownership treatment of bitcoin under the U.S. State property law, the focus turns to California law for guidance on whether bitcoin ownership should be recognized as a property right. Although there are possible challenges to treating bitcoin as property, they do not undercut the legitimacy of such rights o...
If your boat is hauled out for winter storage, here are some suggestions on what to do before, during, and after the haulout. Each recommended step will help you ensure that your vessel will be ready for safe and reliable cruising again next year.
One of the best ways to help ensure the safety of your family and friends while aboard your boat is to identify common maintenance items before they become a problem. And if your boat is hauled out for winter storage, there are important recommendations to follow to help ensure that your boat will be ready for safe and reliable cruising again next ...
Home invasion. Carjacking. Stalking threats. Road rage. And now, cyberbullying. These unthinkable crimes can happen every day and almost anywhere in the world. In the unfortunate event that these crimes can happen to you or a family member, there can be peace of mind from having a family protection coverage to help deal with the long and painful af...
The more you have acquired, the higher your risk for litigious encounters. Your financial security could become severely compromised due to accidental events you may have thought were adequately covered. Excess liability insurance responds when the underlying liability limits of your various other policies have been exhausted. It is a critical, but...
If your boat was in lay-up over the winter, you’ll need to take care of a few things before it’s ready to go, including conducting a complete safety and maintenance review. As a boat owner, you’re responsible for knowing the condition of your boat and its equipment. Knowing and implementing the important safety measures and other ...