Fidget Spinners - Dangerously Fun?

    Posted by Soules Insurance on Tue, Jun 27, 2017

    Often, toy fads come with hidden dangers. Fidget spinners are no exception.

    Fidget spinners are small, palm-sized gadgets that have prongs and circular bearings that will spin between on a person’s fingers. The bearings in the center allow them to spin, and the bearing can be brass, steel, ceramic, titanium or other materials. The spinners themselves are made of various materials. Many look similar to a three-blade mini propeller or the triple heads on an electric shaver, but some have only two blades while others have four, five or more blades, or are completely circular.

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    Tags: Product Liability, Fidget Spinners, Dangers of Figet Spinners, Liability and Fidget Spinners, Dangerous toys

    Hurricane Season is Here - Be Prepared

    Posted by Soules Insurance on Tue, Jun 20, 2017


    Having your hurricane supplies ahead of time will save you the frustration of hitting the stores right before a storm hits. Some of these items can be useful on a regular stormy summer evening as well. There are lots of things you can do around your home now to save you time when you need it. The following is a list of items you may need as well as tips on how to prepare for severe weather during hurricane season.

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    Tags: Hurricane Season, Storm Season, Prepare for Severe Weather, Hurricane Supply List, Hurricane Preparedness

    Company Cyber Insurance - The Supply Chain Dilemma

    Posted by Soules Insurance on Thu, Jun 15, 2017

    A company's supply chain is an integral and sometimes complicated part of its business.

    As companies optimize their supply chains using interconnected technology, the cyber risk of disruption and lost business multiplies. Where a third-party supplier is connected to a company's systems, a compromise at the supplier can disrupt the company's business or allow a direct attack on the company.

    Recent cyber incidents in 2013 at Target and 2014 at Home Depot demonstrated how a compromise at a smaller third-party vendor allowed thieves to steal millions of customer's data, including payment cards. While those events involved theft of data, the risk to physical assets is growing.

    Discussed below are more practical means of risk assessment; evaluating a company's ability to respond to a disruption in its supply chain. In other words, evaluate its robustness and responsiveness.

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    Tags: Cyber Risk, Cyber Insurance, Supply Chain, Supply Chain Cyber Risk

    Here’s why some water damage claims aren't covered

    Posted by Soules Insurance on Fri, Jun 9, 2017

    Home water damage comes from many different sources, is classified in different ways, and falls under different areas of coverage.

    For instance, natural flooding is considered to be very different from standard water damage and is covered under separate policies. When you’re confronted with a claim, here are some of the things you need to look for to judge the matter correctly according to the policy.

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    Tags: Homeowner's Insurance, Water Damage, Water Damage Claims, Insurance Coverage for Water Damage, Home

    10 Catastrophe Claim Tips for Severe Weather

    Posted by Soules Insurance on Tue, Jun 6, 2017

    Hurricane season lasts from June through November each year. Hurricanes are one of nature’s most powerful forces, turning warm ocean water into powerful storms capable of mass destruction. The National Oceanic and Atmospheric Administration predicts a 70 percent likelihood of 10 to 14 named storms (winds of 39 mph or higher), of which four to eight could become hurricanes (winds of 74 mph or higher). One to four of these may become major hurricanes (Category 3, 4 or 5 with winds of 111 mph or higher).

    With that being said, severe weather can be unpredictable and strike at any time. Being prepared in the event your property is damaged by a hurricane, tornado, hailstorm or similar disaster is essential as we head into this season of severe weather. We recommend considering the following tips to achieve fast, efficient handling of any claims you may face.

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    Tags: Severe Weather Tips, Severe Weather Texas, Severe Weather Claims, Catastrophe Claim, Hurricane Season 2017, Hurricane Season

    CPR and AED Awareness Week

    Posted by Soules Insurance on Fri, Jun 2, 2017

    In 2007, the AHA in coalition with the American Red Cross and the National Safety Council worked collaboratively to federally designate a National CPR and AED Awareness Week. On December 13, 2007, Congress unanimously passed a resolution to set aside June 1-7 each year as National CPR and AED Awareness Week to spotlight how lives can be saved if more Americans know CPR and how to use an AED.

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    Tags: CPR, CPR/AED classes, AED, CPR and AED Awareness Week

    Texas Legislature Passes Texting While Driving Ban

    Posted by Soules Insurance on Wed, May 31, 2017

    The Texas Legislature on May 19th, passed a measure banning texting while driving statewide.

    HB 62 by Midland Rep. Tom Craddick previously was approved by the House. While more than 100 cities in the state have texting and driving bans Texas is one of the few that does not currently have a statewide law making that practice illegal.

    Continue reading to find out what this means for drivers in Texas.

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    Tags: Texas texing while driving ban, HB 62, Texting while driving, Bill to ban texting while driving

    Backyard Danger - Play Equipment May Pose Safety Concerns

    Posted by Soules Insurance on Wed, May 24, 2017


    Now that summertime is almost upon us, playground season is in full swing. Are the kids in the backyard and at the local playground safe?  The U.S. Consumer Product Safety Commission (CPSC) has found that far too often, fun and games on the backyard play set or at the community playground can lead to injuries — and even death.

    In order to encourage a fun and safe summer, the following is an overview of insurance coverage recommendations, data about the types of injuries sustained, and a helpful list of some playground safety guidelines.

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    Tags: Playground Dangers, Homeowner Liability, Play Equipment Injuries, Safety Concerns

    Summertime Event Planning and Liquor Liability

    Posted by Soules Insurance on Fri, May 19, 2017

    A bartender is legally liable for serving alcohol to a patron who becomes intoxicated and then injures a third party. Does a business face a similar exposure when it hosts a social event where alcohol is served, such as an open house or employee picnic?

    According to the Insurance Information Institute, liquor liability exposure is not limited to those whose primary business is the sale of alcoholic beverages. Most states currently have social host statutes or common law that holds private event hosts liable for the actions of their guests. You are considered a social host if you provide alcohol to individuals in a non-commercial manner. It is important to know the law in your jurisdiction and to take the appropriate steps to control your risk.

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    Tags: Limiting Exposure, Host Liquor Liability, Event Planning, Liquor Liability, Summertime Event Planning

    6 Ways Companies Can Protect Employees on Business Travel

    Posted by Soules Insurance on Mon, May 15, 2017

    In an uncertain world­­, traveling can feel like a big risk.

    From medical emergencies to terrorist attacks, the challenges that occur while traveling are vast. When you are responsible for protecting your employees and team when they travel, the risks can feel even more ominous. 

    Even the most minor gaps in security can be considered negligence.

    In fact, many countries have Duty of Care legislation, and your organization could incur penalties for not protecting your travelers up to legal standards.

    However, there are some proactive ways to mitigate the risks, reduce the stress and protect your team while they are away from home. Keep reading to learn six ways your company and business clients can protect employees when they travel on the company dime.

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    Tags: Smart Traveler Enrollment Program, Travel Insurance, Business Travel, Employee Business Travel, Travel Policies