| RECENT NEWS: Increased Risk to Directors and Officers in Struggling Economy
In this struggling economy, the growth in
public bankruptcies, corporate scandals, and new
legislation and regulation has spawned litigation increasing
personal risk to directors, officers and trustees
for boardroom responsibilities.
In addition, recruiting and retaining talented
corporate directors, officers and trustees is a challenge
faced by most companies. Directors, officers
and trustees should be concerned about their personal
liabilities associated with a board’s actions or
inactions.
Directors & Officers insurance is available
through Leavitt Insurance Agency. This insurance addresses
these exposures and helps retain or attract
quality board members. It protects directors and officers
of a corporation from liability in the event of a
claim or lawsuit against them asserting wrongdoing
in connection with the company’s business.
PRODUCT HIGHLIGHT:
What Accident and Loss Prevention Services Can Do For You
Is your business protected
in the event of a disaster?
Many times this question
is answered after the fact.
Accident and Loss Prevention
Services (ALPS) a Division of the Leavitt Group is
here to assist with resource materials and pertinent
information to create your company disaster recovery
plan.
Here are some key elements of any (DRP) disaster
recovery plan:
- Must have management commitment and involvement
in the process
- Establish a disaster planning committee
- Conduct a threat and hazard assessment for your
company
- Develop an emergency evacuation diagram which
will illustrate prompt evacuation routes in the event
of an emergency
- Create and implement a written disaster recovery
plan
- Test the plan and conduct mock drills
- Revise the plan at least on an annual basis to keep
all employees aware of what to do before disaster
strikes
A critical part of the disaster planning process is
to identify areas that typically would be overlooked
should a disaster occur. Often companies find out
that they do not have business income or business
interruption insurance. This is coverage for businesses
indirect losses resulting from damages to
property of the business. To discuss this in greater
detail please contact your Leavitt Insurance Agency
representative at (702) 382-4010.
AGENCY NEWS: The Main Street America Group Sells EXCLUSIVELY Through Leavitt Group
The Main Street America Group has EXCLUSIVELY chosen the Leavitt Group to represent them in Nevada,
Utah and Arizona for commercial lines coverages.
Contact Leavitt Insurance Agency for more information about what The Main Street America Group can offer you.
- Rated “A” by A.M. Best’s Insurance Rating Service
- Started in 1923
- Writes more than $850 million in premium annually
- Created to provide affordable insurance coverage for “Main Street” individuals, families and small businesses
- Provides superior, personal service to more than 500,000 policyholders
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