Welcome to the DF Risk Advisory Blog. Our aim with the articles in this section of the Deerfield Advisor Knowledge Base blog is to provide relevant and helpful information for businesses seeking to minimize their exposure to risk. It’s a risky world out there so it helps to be well informed about all the things that can cause loss. As always, don’t hesitate to contact us if you have questions or comments.
The Deerfield Team
Umbrella Liability Coverage
Have you ever heard the phrase “you don’t have to be a millionaire to be sued like one?” Well, it’s true. It happens every day in the court systems all across Texas. There are many nightmare scenarios that demonstrate the need for liability insurance protection; so many, in fact, that the most careful, most conservative person I know…yours truly, has an umbrella policy, and I highly recommend it for our clients as well.
Home Fire Fatalities and Simple Steps to Prevent Them
Between 2007 and 2011, the NFPA reported a yearly average of 366,600 home structure fires resulting in 2,570 civilian deaths, 13,210 civilian injuries, and over $7 billion dollars in damage. That’s an average of seven deaths per day. In 2013, a home structure fire was reported every 85 seconds in the United States.
How to prevent slips and falls in Restaurants
Even though restaurants are not thought of as a “high risk environment,” slips and falls do occur more often than they should and are the leading cause of injuries in the industry. It has been estimated that more than 3,000,000 restaurant employees and 1,000,000 restaurant guests are injured annually from accidental slips and falls. These accidents are costing more than an estimated $2,000,000,000 dollars a year.