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Why Errors and Omissions Insurance is essential for Escrow CompaniesWhy Errors and Omissions Insurance is Essential for Escrow Companies

As a neutral, trusted third party, your escrow agent clients have a lot of responsibility to the clients they serve, especially since those people may never even end up meeting each other. In addition to fiduciary responsibilities, escrow agents must secure the property and examine documents to make sure that all the terms of the sale are met on each end in order to serve both the buyer and the seller in the..



Posted:June 11, 2014

What EPLI Risks do Accountants FaceWhat EPLI Risks do Accountants Face?

Employment Practices Liability Insurance (EPLI) is coverage intended to protect businesses against three general areas of employment related issues; sexual harassment a hostile work environment claims, wrongful termination, and any type of discrimination (which can include discrimination based on sex, race, age, religion, nationality, family, disability and pay, etc.)

It’s clear to see why any and all employers should carry EPLI, even if they only have 1 or 2 employees. Accountants are no exception. In fact, the American Institute of CPAs..



Posted:June 9, 2014

EPLI Should Your Clients Put More Focus on Employee Mental HealthEPLI: Should Your Clients Put More Focus on Employee Mental Health?

What is mental health? Many employers hear this term and automatically think “mental illness”, which makes them apprehensive about discussing the topic, wanting to avoid the stigma around the issue. However, mental health issues, such as stress and fear of failure, should be very real concerns for employers, as they can drastically affect how your client’s employees perform. Is it time for your clients to rethink, and put more focus on..



Posted:May 28, 2014

How do Cyber Security Risks Impact the Real Estate IndustryHow do Cyber Security Risks Impact the Real Estate Industry?

Recent scenarios such as the Target data breach and the Neiman Marcus breach have brought significant attention to the issue of cyber liability. But it’s important to understand that cyber security risks don’t just affect retailers or brick and mortar stores; cyber risks also threaten the real estate industry.

Cyber threats can come in the form of a stolen laptop or mobile device, among other exposures. Misappropriated customer or tenant information could result in..



Posted:May 23, 2014

Franklin Lakes, NJ- PL Risk Advisors Inc. will be attending the Professional Insurance Alliance conference in Atlantic City from June 8th-10th.  Two representatives for PL Risks Advisors will be attending: Matthew Culkin and Tyler Brown, both from the Franklin Lakes, New Jersey office. They will be introducing a new and innovative wholesale insurance brokerage focusing on management and professional liability

At this conference, Matt and Tyler will be on hand to formally announce the formation of PL Risk Advisors, the new and innovative wholesale division of Axis Insurance Services LLC.

When asked what he thought about the launch of this company, Tyler..


Posted:May 22, 2014

Franklin Lakes, NJ – May 20, 2014 – Axis Insurance Services, LLC announced today the launch of PL Risk Advisors Inc. or PLRisk™ which will focus on providing Professional Liability and Management Liability Insurance products for retail producers throughout the country.   The main focus of this new brokerage firm will be to assist retail agents and brokers in obtaining professional/management liability solutions for their clients in the areas of Errors & Omissions, Directors & Officers, EPLI, Privacy & Network Security, and more.  The company also announced launching of their new website for PLRisk™, www.plrisk.com.

In announcing this new company, Mike..


Posted:May 20, 2014

 

Franklin Lakes, NJ- Axis Insurance Services is proud to be a part of the 8th Annual National Errors & Omissions Insurance ExecuSummit taking place at the Mohegan Sun Resort & Convention Center in Uncasville, Connecticut, on June 17 & 18, 2014.

Mike Smith, the CEO of nationally recognized PL Risk and Axis Insurance Services, LLC will be a guest speaker on one of the panels at this convention. His panel will be discussing insurance agents and brokers, E&O trends, claims and coverage issues and he will be sharing the panel with three other distinguished panelists. Smith, a frequent industry speaker will..


Posted:May 20, 2014

Axis Insurance Services, LLC, Walks for a Good CauseFranklin Lakes NJ- On Sunday May 18, Axis Insurance Service, LLC participated in the Walk Now for Autism at MetLife Stadium in East Rutherford, NJ. Eleven employees joined an estimated 8, 000 walkers and enjoyed a marvelous day as they walked through MetLife Stadium for Autism Speaks.

Walking under the team name Franklin Lakes Cares, Axis Insurance Services employees and friends raised $11,541 of the estimated $322,766 raised at the North Jersey walk, the fourth most of any group that participated in the walk. CEO Mike..


Posted:May 19, 2014

Axis Insurance Services, LLC expands marketing departmentFranklin Lakes NJ- Axis Insurance Services, LLC is pleased to announce a new addition to their marketing staff. After years of working part-time with the company while he was attending college, Drew Smith has joined the company as a marketing and sales associate. Drew Smith has taken the steps to join in his father’s company. Drew has recently graduated from the University of North Florida with a B.A in History with a minor in International Studies. Drew’s research and writing skills, combined with his knowledge..


Posted:May 19, 2014

Law Firms Facing a Rising Number of Employment Related LawsuitsLaw Firms Facing a Rising Number of Employment Related Lawsuits

Employment Practices Liability (EPL) claims are something that lawyers face on a regular basis. EPL claims can arise against any business through allegations of discrimination, wrongful termination, wage & hour disputes, and more. But have your attorney clients considered what would happen if they were faced with an EPL claim themselves?

Law firms are certainly not immune from litigation due to Employment Practices Liability. Even a single EPL lawsuit could have devastating financial consequences..



Posted:May 19, 2014

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