The Russell Agency, LLC Blog
All You Ever Wanted to Know About Insurance
What Is Negligent Entrustment Liability?
Thursday, December 29, 2022
Negligent entrustment is a type of liability that occurs when you allow (or entrust) an employee to use an item or a machine that could cause harm and that you know they aren’t qualified to operate. If they cause an...
ENTERTAINMENT AND CONTRACT AND LIABILITY INSURANCE
Wednesday, November 24, 2021
At some point, everyone probably has hired, or considered hiring, an outside vendor for entertainment- whether it is a band, DJ or princess for a child’s birthday party. The internet has made finding such contractors...
INSURANCE KEEPS THE FUN IN AN AMUSEMENT PARK
Wednesday, November 17, 2021
Amusement parks are some of the happiest places on Earth. They also are an insurance nightmare. At their core, amusement parks are just like any other businesses: They employ people and provide services-amusement-to...
Claims happen—and sometimes, they’re bizarre
Wednesday, November 3, 2021
Insurance may seem boring to some- but we need it to protect our homes, cars, boats, property-and even our life and health. When we purchase insurance, we assume we’re protecting our livelihood from typical encounters-a...
Work with independent insurance agents
Wednesday, October 20, 2021
In person and remotely, independent agents provide unique and personal experiences for insureds every day. It’s important to us that you know how important you are. We want to protect you and show you how your insurance...
We Won't Let You Down
Thursday, April 29, 2021
When times get hard, we won’t let you down. We realize that the COVID-19 pandemic has changed your day-to-day life drastically. We want you to know that not everything has changed. We are-and always will be-right here...
Industry Insights: Landscapers, Don’t Be a Buzz Kill
Wednesday, March 24, 2021
Hawaii and Minnesota are just two of the states moving toward poison-free landscaping - from training on how to steam-kill weeds to legislation preventing the use of insecticides. Lawn-care professionals and landscapers...
Does Your Business Need Earthquake Insurance?
Wednesday, March 10, 2021
According to the United States Geological Survey (USGS), 42 states have some degree of earthquake risk - with 43 percent of those states having high or very high frequency of earthquakes. If your business is located in...
Are Your Contents in a Storage Unit Covered?
Monday, March 8, 2021
Isn’t it funny how, as our homes get bigger and our families get smaller, our need for extra storage space grows? According to 2019 U.S. census data, the average number of people in an American household fell steadily...
What is Ransomware and How Do You Prevent It From Harming Your Business?
Monday, March 1, 2021
Ransomware is a kind of malicious software that blocks or restricts your access to your computer systems and data until you pay a fee to the attacker. If you refuse to pay or can’t find a way to fix the problem, your...
Distracted Driving: Don't Take the Risk
Friday, February 26, 2021
Did you know that if you’re driving and engaging in a conversation on your mobile device, you are over four times more likely to be involved in an accident? Let’s take a look at what constitutes distracted driving, what...
Distracted Driving: Don't Take the Risk
Friday, February 5, 2021
Did you know that if you’re driving and engaging in a conversation on your mobile device, you are over four times more likely to be involved in an accident? Let’s take a look at what constitutes distracted driving, what...
We won’t let you down
Monday, January 4, 2021
We realize that the COVID-19 pandemic has changed your business drastically. We want you to know that not everything has changed. We are and always will be right here for you to guide you when things get hard. Let’s...
Connecticut Law Forbids Certain Certificate of Insurance Requests
Monday, September 14, 2020
Public Act No. 14-74 was signed by Gov. Dannel Malloy on June 3, 2014, and went into effect on Oct. 1, 2014. The law prohibits certain requests that have become prevalent in recent years that created inaccurate or...
Minimum Wage Increases
Wednesday, September 2, 2020
Gov. Ned Lamont reminded Connecticut residents that the state minimum wage increased from $11 per hour to $12, effective yesterday. The raise is a result of a law signed on May 28, 2019. Public Act 19-4 requires the...
We are Here For You
Monday, July 13, 2020
Even during challenging times, we are here for you.We know things are hard right now. And, while COVID-19 may be affecting all aspects of everyday life, we hope you realize that some things haven’t changed-our agency is...
Senate Passes Paycheck Protection Flexibility Bill
Thursday, June 4, 2020
FAQs on Connecticut’s grace period for insurance premium payments
Wednesday, May 20, 2020
Who does the order apply to? The executive order applies to all insurers licensed or regulated by the Connecticut Insurance Department. What must insurers do? All insurers must give policyholders unable to pay their...
Employee or independent contractor?
Friday, May 15, 2020
There is a common mistake employers across the U.S. are making that could cost them a lot of money: Misclassifying their employees as independent contractors. It’s easy to do, but the cost of doing so could be drastic....
What’s the requirement for companies to provide loss runs on request?
Friday, April 24, 2020
It applies to all commercial-lines policies. C.G.S. Section 38a-326 provides that insurers shall provide, upon request of the principal named insured, a summary of policy claim information for a period of up to four...
US Senate Passes More Funding for CARES Act Small Business Programs
Tuesday, April 21, 2020
Today, by voice vote, the U.S. Senate passed legislation to provide over $300 billion more for the Paycheck Protection Program (PPP), which was created by the CARES Act. Last week, PIA National worked with a broad cross-...
Attention Builders: New Freeboard Requirement Effective January 2021
Friday, April 10, 2020
The objective of the Community Rating System (CRS) is to recognize communities that are doing more than meeting the minimum NFIP requirements to help their citizens prevent or reduce flood losses. The CRS also provides...
Connecticut Insurance Commissioner calls on insurers to adjust premiums
Thursday, April 9, 2020
Connecticut Insurance Department Commissioner Andrew N. Mais called on insurers to lower auto premiums and adjust commercial hired and non-owned auto insurance in response to the disruption that the COVID-19 pandemic...
Connecticut Launches Small Business Bridge Loans
Friday, April 3, 2020
Gov. Ned Lamont’s Economics Chief David Lehman announced the immediate roll-out of the Connecticut Recovery Bridge Loan Program, which will allow Connecticut small businesses hit the COVID-19 crisis to borrow up to $75,...
Important News On Insurance Premium Payments for Connecticut
Thursday, April 2, 2020
April 2, 2020 Executive order requires 60-day grace period for policyholders unable to pay premiums due to COVID-19 pandemic - As part of Executive Order No. 7S, no insurer may lapse, terminate or otherwise cancel a...
CT Governor Announces 60 Grace Period for Some Insurance Premium Payments
Thursday, April 2, 2020
Gov. Ned Lamont announced that there will be a 60-day grace period for property/casualty, and health insurance policyholders unable to pay their premiums due to the impact of COVID-19. During the grace period, insurance...
Start applying for a Paycheck Protection Program loan Friday, April 3
Thursday, April 2, 2020
Small businesses and sole proprietorships can apply for Small Business Administration loans under the Paycheck Protection Program beginning Friday, April 3, 2020, through existing Small Business Administration lenders....
Connecticut Insurance Department Information Page on the Coronavirus
Monday, March 23, 2020
The State of Connecticut Department of Insurance has an information page on the coronavirus and insurance. You can access the page by clicking here.If you have any questions, please call our office.
Coronavirus (COVID-19) Update
Monday, March 16, 2020
There has been an increase in concern about the spreading coronavirus COVID-19. Businesses should consider implementing safeguards to reduce exposure to illness. Steps should include but are not limited to: - Encourage...
State of Connecticut Mandates Sexual Harassment Prevention Training for Businesses
Wednesday, February 19, 2020
Under Connecticut law, employers with three or more employees must provide two hours of sexual harassment prevention training and education every 10 years. Any new hires must complete this training within six months of...
Choosing the Correct Fire Extinguisher Classification
Monday, February 10, 2020
Fire extinguishers are classified by the type of fire that they will extinguish. There are five different fire extinguishers classifications. If the proper fire extinguisher class is not used there is a risk that the...
Credit Card Safety Measures
Wednesday, February 5, 2020
When protecting your credit there are many things to consider. You could become a victim of theft in many places including the grocery store, mall, or a parking lot. New chips have come out claiming to better protect...
Hemp Will Qualify for New Crop Insurance Pilot
Wednesday, January 29, 2020
The U.S. Department of Agriculture (USDA) announced on Dec. 23 that hemp farmers in 21 states will be eligible for a new crop insurance pilot program starting in 2020. The program provides actual production history...