on June 3, 2015
It's springtime in Cleveland, which means fans of the Cleveland Browns are engaged in one of their favorite yearly traditions: analyzing this year's draft picks and hoping predicting how the team will perform in the coming season. This season, though, an unusual topic is taking a turn in many of those discussions: the issue of insurance recovery....
Read Full Article >>
on May 27, 2015
Despite government regulation, numerous safety precautions, and a public more knowledgeable about the spread of bacteria, food contamination and its subsequent effects continue to cost businesses, citizens and the United States government over $6.9 billion each year....
Read Full Article >>
on May 21, 2015
Companies purchase commercial general liability ("CGL") insurance policies to protect themselves in the event they are sued for various reasons, including injury caused due to the company's advertising. Yet, the question remains does your CGL policy actually protect you from potential lawsuits due to your advertising in the way you need it or do you need additional insurance coverage?...
Read Full Article >>
on May 14, 2015
Life insurance policyholders and their newlywed beneficiaries may want to head immediately from the altar to the office to change beneficiary designations if their life insurance is in the form of a federally funded policy under The Federal Employees' Group Life Insurance Act of 1954 ("FEGLIA"). While most people understand that the failure of a policyholder to update a beneficiary designation can have especially devastating—and presumably unintended—consequences where beneficiary designations are not changed after divorce and remarriage, the Supreme Court has cemented that concept in certain situations....
Read Full Article >>
on May 8, 2015
Many homeowners in the greater Cleveland area are contemplating vacating and renting out their homes during the Republican National Convention ("RNC") in Cleveland in the summer of 2016. With some rental listings as high as $40,000 featured on websites such as Cleveland Scene and RE/Max, homeowners hope to gain a large profit. This potential for a high rental income promises a big reward, but homeowners are best advised to consider whether their interests are adequately insured before handing over their keys....
Read Full Article >>
This Blog is intended to provide information generally and to identify general legal requirements. It is not intended as a form of, or as a substitute for legal advice. Such advice should always come from in-house or retained counsel. Moreover, if this Blog in any way seems to contradict advice of counsel, counsel's opinion should control over anything written herein. No attorney client relationship is created or implied by this Blog. © 2024 Brouse McDowell. All rights reserved.