Current Information and Valuable Resources Regarding Commercial Insurance Products and Services Carol L. Corporales - Commercial Insurance Broker, Wateridge Insurance Services
Tuesday, October 29, 2013
Press Release!
Demonstrating a Mastery and Commitment to Excellence in the Field
SAN DIEGO, CA: - WATERIDGE INSURANCE SERVICES is pleased to announce Carol Corporales has been certified as a Management Liability Insurance Specialist (MLIS®). This insurance certification recognizes specialized expertise in the fundamentals of professional liability insurance and the more specific nuances of directors and officers liability, employment practices liability, and fiduciary liability exposures and insurance.
“The MLIS program has helped us show our clients and prospects that we understand their most important, and specific insurance needs,” said Jeff Byroads, Principal of Wateridge Insurance Services. “Carol has further strengthened our firm with the specialized knowledge necessary to provide superior risk management and insurance advice and service to our clients.”
The MLIS continuing education program is a two part specialized curriculum concentrated on elements common to all types of Management and Professional liability policies, such as claims-made coverage triggers and policy conditions. The four courses in Part 2 focus specifically on directors and officers liability (D&O), employment practices liability (EPLI), and fiduciary liability insurance. The non-standard nature of management liability policies necessitates the need for specialized training, which is not included in traditional insurance instruction or continuing education.
Tuesday, February 19, 2013
Employment Practices Liability Insurance - Statistics
Still wondering if you should add this coverage to your insurance portfolio?
Has your EPLI premium gone up significantly?
EPLI claims continue to escalate in both frequency and severity - driving up premiums. The attached report here gives some statistics and data points by industry for 2012. This data may help you decide if it's time to get this coverage for your company, or help to explain the increase in premium.
Wage and Hour claims continue to be popular. Most carriers no longer offer coverage for these claims under the EPLI policy. At best, a few carriers are offering coverage on a sublimit basis -typically $150K.
Statistics on Wage and Hour claims can be seen here.
While most insurance carriers offer hotline assistance to clients, know too that as a Wateridge client, you also have access to unlimited telephone consultation from American Consulting Group. ACG can address labor and HR questions, provide HR audits, and assist with IIPP and employee handbook updates.
If you have questions about EPLI coverage or your insurance portfolio and what gaps may exist, call me directly at 858.202.6187 or email me at ccorporales@wateridge.com
Sunday, January 13, 2013
Reminder: OSHA Log & Summary Due Feb 1st.
- If you had 10 or more employees at any point during 2012, and your business is not classified as exempt (see partial list below) then you need to post
- Posting
(of the OSHA 300 Appendix B only) is due Feb 1st
- Both
OSHA 300 Appendix A and B are required to be kept for 5 years
- For your convenience, both OSHA forms are available upon request
SIC Code
|
Industry Description
|
SIC Code
|
Industry Description
|
525
|
Hardware Stores
|
731
|
Advertising Services
|
542
|
Meat and Fish Markets
|
732
|
Credit Reporting and Collection Services
|
544
|
Candy, Nut, and Confectionery Stores
|
733
|
Mailing, Reproduction and Stenographic Services
|
545
|
Dairy Products Stores
|
|
|
546
|
Retail Bakeries
|
737
|
Computer and Data Processing Services
|
549
|
Miscellaneous Food stores
|
738
|
Miscellaneous Business Services
|
551
|
New and Used car Dealers
|
764
|
Reupholstery and Furniture Repair
|
552
|
Used Car Dealers
|
782
|
Motion Picture Distribution and Allied Services
|
554
|
Gasoline Service Stations
|
|
|
557
|
Motorcycle Dealers 783 Motion Picture Theaters
|
783
|
Motion Pictures Theaters
|
56
|
Apparel and Accessory Stores
|
784
|
Video Tape Rental
|
573
|
Radio, Television, and Computer Stores
|
791
|
Dance Studios, Schools, and Halls
|
58
|
Eating and Drinking Places
|
792
|
Producers, Orchestras, Entertainers
|
591
|
Drug Stores and Proprietary Stores
|
793
|
Bowling Centers
|
592
|
Liquor Stores
|
801
|
Offices and Clinics of Medical Doctors
|
594
|
Miscellaneous Shopping Goods Stores
|
802
|
Offices and Clinics of Dentists
|
599
|
Retail Stores, Not Elsewhere Classified
|
803
|
Offices of Osteopathic
|
60
|
Depository Institutions (banks and savings institutions)
|
804
|
Offices of Other Health Practitioners
|
|
|
807
|
Medical and Dental Laboratories
|
61
|
Nondepository
|
809
|
Health and Allied Services, Not Elsewhere Classified
|
62
|
Security and Commodity Brokers
|
|
|
63
|
Insurance Carriers
|
81
|
Legal Services
|
64
|
Insurance Agents, Brokers and Services
|
82
|
Educational Services (schools, colleges, universities and
libraries)
|
653
|
Real Estate Agents and Managers
|
|
|
654
|
Title Abstract Offices
|
832
|
Individual and Family Services
|
67
|
Holding and Other Investment Offices
|
835
|
Child Day Care Services
|
722
|
Photographic Studios, Portrait
|
839
|
Social Services, Not Elsewhere Classified
|
723
|
Beauty Shops
|
841
|
Museums and
|
724
|
Barber Shops
|
86
|
Membership Organizations
|
725
|
Shoe Repair and Shoeshine Parlors
|
87
|
Engineering, Accounting, Research, Management, and Related
Services
|
726
|
Funeral Service and Crematories
|
|
|
729
|
Miscellaneous Personal Services
|
899
|
Services, Not Elsewhere Classified
|
What Clients Are Saying About Carol Corporales...
Carol is not only a knowledgeable and accessible insurance professional, she's also personable and easy to work with. Her background in technology allows her to quickly understand what our company does, and to pro-actively solve problems that other brokers couldn't. We view her as a valued member of our team."
Office Administrator, E-Band Communications
See below for more comments about Carol.
Business Resources
- Banking – call for contacts at several institutions
- Contract Manufacturing sources – call for contacts
- Employer Downsizing Assistance – call for contacts
- Insurance Claim Lawyer – call for contacts
- International Trade Assistance – call for contact information at the World Trade Center - San Diego
- Investigation Services
- IT Services
- Loss Control Services
- Nurse Advocate – call for contacts
- Attorneys
- Flood/Property Restoration – Call for contacts at J&M Keystone
- Semiconductors - call for contacts
- Tax Preparation and Audit
- Tenant Negotiation Services
- Safety Materials / Audit / Assistance - call for references
Other Comments About Carol's Work...
"I am always able to contact Carol directly and get a fast response, and she really knows commercial insurance. With Carol it's all about customer service."
Controller - Westerly Mechanical Corporation
-----
"My experience with Carol is that she goes way beyond the basics. She is thorough, timely and keeps me up to date. Best of all, she has our best interests at heart."
Court Shaw, CFO - Aethercomm, Inc.-----
"Carol is not only a knowledgeable and accessible insurance professional, she’s also personable and easy to work with. Her background in technology allows her to quickly understand what our company does, and to pro-actively solve problems that other brokers couldn’t. We view her as a valued member of our team. "
Office Administrator - E-Band Communications
-----
" Carol's personal service and knowledge always exceed our expectations. She makes sure we are covered but not over-covered."
Director of Finance, REMEC Broadband Wireless