Insurance Journal

Legal liability is liability imposed by the courts or by statute on any person or entity responsible for the financial injury or damage suffered by another person, group, or entity. Essentially there are three legal liability possibilities following bodily injury or property damage at a residential condominium property. Legal liability is placed on: 1) the condominium association; 2) the unit owner; or 3) jointly on the association and the unit owner.

How the Insured sees his house!

How the Agent describes it!

How the Underwriter imagines the house!

Eighteenth century pirates and a nineteenth century German “Iron” Chancellor preceded the United States in the creation of a social system for the protection of injured workers. The modern workers’ compensation system owes parts of its existence to this unique parentage.

When I entered the insurance world, no one I knew had access to the Internet; cell phones were rare (and cost a lot); and you had to ask someone if they had a fax machine. Typewriters were used and certificate holders were more than patient enough to wait three days for the mail to deliver the needed COIs. Otherwise known as the “good old days.” Technology and the industry has changed, and I've learned many things in my career.