PHIL’S CORNER: 2021 Policy Dividend – a Loyalty Reward
The OAMIC Board of Directors recently declared a policy dividend of approximately 5% of the earned premium for annual policy limits up to $1 million. This equates to about $448,000 to be paid to policyholders who have a current policy as of the Dec. 31, 2021, record date. View Post I like to think of […]
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Do I need a workers compensation policy?
A brief history of workers compensation insurance Before workers compensation insurance statutes were adopted by most states, injured workers could sue their employers to recover medical expenses, lost wages and other damages resulting from work-related injuries. Employees first had to prove the negligence of their employer in a lengthy, costly and ambiguous process. The employer […]
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Maintaining Professionalism While Working From Home
Whether your office has shifted to a partial or mostly work-from-home model, or you’re temporarily quarantining, you’re still a working professional. It can be difficult to maintain that professionalism when you don’t have the regular “get up, get dressed, go to the office” routine. So, how do you prevent the slow (or maybe not-so-slow) slide […]
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PHIL’S CORNER: Employment Practices Liability Insurance, Even for Solos & Small Firms
Did you know employment practices liability coverage (EPL) can be added to your lawyers professional liability (LPL) policy? Have you seriously considered it from a cost/benefit standpoint? The answer is obviously yes if your firm has added it, as about 47% of our insured firms have. If not, is it because you are uncertain about […]
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Setting & Keeping Resolutions (or Other Goals)
According to every survey out there, the top new year’s resolutions are fitness related – usually “lose weight” coupled with or followed closely by “exercise more.” Unfortunately, these are also the most abandoned resolutions too. Interestingly, it’s not just those types of resolutions though. They say somewhere around half of all resolutions are abandoned. Remarkably, […]
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PHIL’S CORNER: With A Little Help From Our Friends
I know, now you will be singing that song – or at least that line – the rest of the day! With all the uncertainties the past couple of years, we are even more thankful for our insureds (friends) than ever before. That is appropriate for this time of year. One thing the pandemic has […]
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Ease Your Stress: Declutter!
We all know life at work can be stressful – projects piling up, deadlines to be met, time constraints to battle, human and technical interruptions. Then, add clutter to the mix and it’s no wonder we are stressed! You may not think clutter is a big factor, but it can add to our stress and […]
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Do I Need an Office Package Policy?
Suppose a delivery person is bringing food to one of your employees, and he slips and falls on ice or the stairs on your property. You have enough money to replace the food, but do you have enough money set aside for liability resulting from broken bones or head injuries? How about a lawsuit or […]
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10 Tips for Avoiding the Scariest Thing in the World
For most lawyers, horror movie villains and things that go bump in the night can’t hold a candle to the heart-stopping, terrifying thought of a malpractice claim (or even a bar complaint). Because, while werewolves or menacing grifters chase unsuspecting teens through dark forests and haunted hallways, the sun eventually always comes up and the […]
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Know the Risks: Being On Your Client’s Board of Directors
It can be very gratifying, both personally and monetarily, to be asked to serve on a client’s board of directors. It is also easy to understand why a client might make the request. The attorney may have worked closely with the company’s founders to create the business and will likely have a solid grasp of […]
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