tag:blogger.com,1999:blog-59742186221969140542024-02-07T17:02:30.094-08:00Shea Barclay's Latest News & InformationShea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-5974218622196914054.post-83000763008953143782017-06-29T11:10:00.001-07:002017-06-29T11:10:57.762-07:00Florida Juvenile Justice Association Board of Directors<div class="" data-block="true" data-editor="2mcal" data-offset-key="9asqs-0-0" style="color: #1d2129; font-family: 'San Francisco', -apple-system, BlinkMacSystemFont, '.SFNSText-Regular', sans-serif; font-size: 14px; letter-spacing: -0.23999999463558197px; white-space: pre-wrap;">
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<span data-offset-key="9asqs-0-0" style="font-family: inherit;">Mike Shea Sr with Shea Barclay Group made a presentation on June 27th to the Florida Juvenile Justice Association Board of Directors on employee benefit cost containment strategies. </span></div>
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<span data-offset-key="bcgb9-0-0" style="font-family: inherit;">For more info about FJJA, <a href="http://fjja.org/" target="_blank">click here</a>:</span></div>
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Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-76693900991002643272017-06-15T07:56:00.002-07:002017-06-15T07:58:55.506-07:00Our office now boasts amazing artwork by artist Joe Sale.Our office now boasts amazing artwork by artist Joe Sale. Check out his work...<br />
To learn more about him, visit:<br />
<a href="http://www.tampaimagefactory.com/about-me/">http://www.tampaimagefactory.com</a><br />
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<br />Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-25935856355163298072017-05-19T12:52:00.001-07:002017-05-19T12:53:54.235-07:00Project Transition USA: Assisting military veterans transition from military to civilian lifeProject Transition USA is a not for profit. Michael Shea is a founding board member.
There are monthly workshops at MacDill Airforce Base and assist our military veterans transition from military to civilian life. The primary focus it to assist them in finding new careers by using LinkedIn which is the most powerful recruiting and job search program anywhere.
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<br />Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-15863222932398079752017-05-01T08:01:00.004-07:002017-05-01T08:02:36.189-07:00Tampa YMCA Veggie VanThe Shea Barclay Staff Volunteered at the Tampa YMCA Veggie Van on April 24th. We provided nutritious fruits and vegetables for more than 200 families and pack 420 bags of produce.<br />
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<span style="background-color: white; color: #1d2129; font-family: "san francisco" , , "blinkmacsystemfont" , ".sfnstext-regular" , sans-serif; font-size: 14px; letter-spacing: -0.23999999463558197px;"><br /></span>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com1tag:blogger.com,1999:blog-5974218622196914054.post-25662136974464129342017-04-12T08:39:00.001-07:002017-04-12T08:46:30.111-07:00Women in Business – Fueling Future GrowthTalyn Guercio and Samantha Vergara attended Women in Business – Fueling Future Growth on Thursday, April 6 at Le Meridien Downtown.<br />
The sspecial guest speaker was Mel Robins.<br />
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Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-56829294917154800482017-03-29T14:36:00.001-07:002017-03-29T14:36:27.525-07:00Jack Compton spoke at Jesuit High SchoolJack Compton spoke at Jesuit High School’s annual Career Day on March 8th, discussing his role at Shea Barclay Group and a career in the insurance industry. Jack is a 2007 graduate of Jesuit.
Read more: http://www.jesuittampa.org/page.cfm?p=597&newsid=365
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Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-54767990441420402442017-03-27T14:37:00.000-07:002017-03-27T14:37:26.735-07:00Past Event, March 25 - Bark in the ParkDavid Rash at Bark in the Park this past weekend. Thanks to all that attended and donated!<br /><br />
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Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-49737527342585139522017-01-23T10:05:00.001-08:002017-01-23T10:05:22.927-08:00 3rd Annual Doggie Dash Pet Rescue by Judy3rd Annual Doggie Dash Pet Rescue by Judy.
One of our Advisors, Sandy Garrick, attended the event.
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw3Ill4j8sCqp6SjlzZwGf7hjw2MQUFu5ZmYPecajCVw63kOx2jUFgZIf1QY2QQy1Zs5_Q1QGiFLIZfYje78DmW_TF6U4X56_1uz9GTLiwFfI7W4zZ9PdbaQ6ndrBTnT8wmJGdtd_nxi49/s1600/IMG_8346.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw3Ill4j8sCqp6SjlzZwGf7hjw2MQUFu5ZmYPecajCVw63kOx2jUFgZIf1QY2QQy1Zs5_Q1QGiFLIZfYje78DmW_TF6U4X56_1uz9GTLiwFfI7W4zZ9PdbaQ6ndrBTnT8wmJGdtd_nxi49/s320/IMG_8346.jpg" width="320" height="240" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-14722782959767220642017-01-18T11:05:00.002-08:002017-01-18T11:05:34.472-08:00Michael Shea attending the Port of Tampa Bay LuncheonMichael Shea attending the Port of Tampa Bay Luncheon. Topics of discussion will include:
A recap of what has been accomplished over the past year such as adding direct service from Tampa to Cuba beginning in March along with a significant renovation. Among other all exciting things planned for the Port over the next year as well.
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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOGhch9bPyeT15FKTclZrPANk6omZsBbNMcFvjSmonM-7N8c3S0Vvf3sfLfvy-BGK9DuXd0xowrLEbsIK77iPdRfGFyDTAd7K7h2x-aDd-khG_IHik8ZlysTb-yUmxbJQshC_2se7YCcwP/s1600/LightTheNightReception.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOGhch9bPyeT15FKTclZrPANk6omZsBbNMcFvjSmonM-7N8c3S0Vvf3sfLfvy-BGK9DuXd0xowrLEbsIK77iPdRfGFyDTAd7K7h2x-aDd-khG_IHik8ZlysTb-yUmxbJQshC_2se7YCcwP/s320/LightTheNightReception.jpg" width="320" height="297" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-17769488649540559862017-01-13T11:09:00.000-08:002017-01-13T11:09:07.489-08:005th Annual Tampa Multifamily Happy Hour5th Annual Tampa Multifamily Happy Hour
Greg Weaver, one of our advisors, attended the event at Maggiano’s Restaurant Westshore Plaza
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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVCTdtfKy3xs3EvNdwYTu8v4X-MRQcO-5hXvsJSNy9rETWAvNom-LPJf0FW5PretllGpPXxSV3j-fwsHfvSOLvO1VacdkE9Vt2uA6oL9rrKe5Ts2_oi3pApcSnLHqIfonnUF15-oClmwYY/s1600/MichaelSheabshow.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVCTdtfKy3xs3EvNdwYTu8v4X-MRQcO-5hXvsJSNy9rETWAvNom-LPJf0FW5PretllGpPXxSV3j-fwsHfvSOLvO1VacdkE9Vt2uA6oL9rrKe5Ts2_oi3pApcSnLHqIfonnUF15-oClmwYY/s320/MichaelSheabshow.jpg" width="320" height="240" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-4131825577653408322016-10-26T11:48:00.000-07:002016-10-26T11:48:09.499-07:00USFN Member Event, Charleston, SCVern Barclay will be attending the USFN Member Event, Charleston, SC on November 3-6
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Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-40339138969840313762016-10-24T12:56:00.002-07:002016-10-24T12:56:30.250-07:00Shea Barclay sponsored the Tampa Pig JigShea Barclay sponsored the Tampa Pig Jig and competed in the BBQ competition this weekend.
We came in 1st for brisket.
To see all the winners, <a href="https://www.facebook.com/TampaPigJig/posts/778437805628248:0" target=_"blank">click here:</a>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5cID7jlR-CrLx3YRMllrs2VUOspydeyw3VBVWbMpVxcp1I7uRP3y-Xwsr4a2kNqjCl00nV8uzKPSn5kghV9jzpxiiv_tu9jIfA-vk9gPU8NhPXtJWTFsPbRtzNFQnx1o4F96mogbK0q5A/s1600/Screen+Shot+2016-10-24+at+3.47.43+PM.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5cID7jlR-CrLx3YRMllrs2VUOspydeyw3VBVWbMpVxcp1I7uRP3y-Xwsr4a2kNqjCl00nV8uzKPSn5kghV9jzpxiiv_tu9jIfA-vk9gPU8NhPXtJWTFsPbRtzNFQnx1o4F96mogbK0q5A/s400/Screen+Shot+2016-10-24+at+3.47.43+PM.png" width="317" height="400" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-45207439677058120342016-10-18T11:45:00.000-07:002016-10-18T11:45:02.580-07:00Orlando ALA Vendor Appreciation EventJack Compton and Mike Shea will be attending the Orlando ALA Vendor Appreciation Event on 10/19Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-20675267674531072792016-10-14T11:35:00.002-07:002016-10-14T11:35:29.290-07:00CNA Annual Womens Golf Outing on October 18thJennifer Pizzarello, Sandy Garrick & Talyn Guercio will be participating in the CNA Annual Womens Golf Outing on October 18th
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhGItUUWH2ls22TrWC61tGFWOEo2cMGGKDjZqz7eYkBuoV2NheMwHaMIWVsq4rZtngVAWcnPHYTY6JXwWKGx1D8wjYhzVk29HCUOM7blk_AU59Y5y73ui_JMs_4CKGu6Fo29fGxUD0ldUM/s1600/Screen+Shot+2016-10-14+at+2.33.05+PM.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhGItUUWH2ls22TrWC61tGFWOEo2cMGGKDjZqz7eYkBuoV2NheMwHaMIWVsq4rZtngVAWcnPHYTY6JXwWKGx1D8wjYhzVk29HCUOM7blk_AU59Y5y73ui_JMs_4CKGu6Fo29fGxUD0ldUM/s400/Screen+Shot+2016-10-14+at+2.33.05+PM.png" width="400" height="225" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com1tag:blogger.com,1999:blog-5974218622196914054.post-74440079027114878612016-10-05T11:44:00.001-07:002016-10-05T12:07:56.665-07:00Komen Central Florida Race for the Cure: October 23October 23 Central Florida: Sandy Garrick will be at the Komen Central Florida Race for the Cure
For information, visit: <a href="http://www.komencentralflorida.org" target="_blank">komencentralflorida.org</a>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHVoW3LXvwP_XtoILi1YDvyjQrGGSES9zuew-BAWf6EUlbcoif-yR2HT-8tvuwW7l1eG0QFzB6T4dG7NaoKXCjojkZ4lkmwn6rUbzUpJVR4PdXY8nHdqtVPQNFrx_heO62xP9_MWsUPs3z/s1600/susan.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHVoW3LXvwP_XtoILi1YDvyjQrGGSES9zuew-BAWf6EUlbcoif-yR2HT-8tvuwW7l1eG0QFzB6T4dG7NaoKXCjojkZ4lkmwn6rUbzUpJVR4PdXY8nHdqtVPQNFrx_heO62xP9_MWsUPs3z/s400/susan.jpg" width="400" height="265" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-27904740108228491462016-10-05T11:44:00.000-07:002016-10-05T11:45:57.572-07:00Pet Rescue by Judy After Party for Pulse Orlando Oct 8Sandy Garrick will be walking dogs that are up for adoption at a parade in honor of the Pulse nightclub shooting victims.<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWTUp08UK2xIxs8zLXZvY_NXIMd05xeNrky3gm_D55llbSuEFWkwJYmCrS186G5xVRK1b1ROLivo0Ov5wtGhn4sncroJt2lbDb-WC1wSp9_pO9a2lRMzksr34hyphenhyphenfxj3QFLDIQoQJHncKzm/s1600/petrescue.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWTUp08UK2xIxs8zLXZvY_NXIMd05xeNrky3gm_D55llbSuEFWkwJYmCrS186G5xVRK1b1ROLivo0Ov5wtGhn4sncroJt2lbDb-WC1wSp9_pO9a2lRMzksr34hyphenhyphenfxj3QFLDIQoQJHncKzm/s320/petrescue.jpg" width="320" height="154" /></a></div> Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-74338739381822449062016-09-30T07:51:00.001-07:002016-09-30T07:54:19.565-07:00The Florida Office of Insurance Regulation Takes Action on Workers’ Compensation Insurance RatesSeptember 28, 2016<br />
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Tallahassee, FL – After a thorough review of the workers’ compensation insurance rate filing submitted by the National Council on Compensation Insurance (NCCI) and careful consideration of hundreds of public comments and testimony received from interested stakeholders, the Florida Office of Insurance Regulation (Office) has issued an Order (PDF) that gives contingent approval to an overall combined average statewide rate increase of 14.5% versus the requested 19.6%. Approval of the revised rate increase is contingent on NCCI amending the filing to include the recommended changes stipulated within the Order. As ordered by the Office, the revised rate increase would become effective on December 1, 2016 for new and renewal business, with no change in rates for current in-force policies. The amended rate filing must be filed with the Office for review and approval no later than October 4, 2016.<br />
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The NCCI rate filing was originally submitted in May of this year and amended in June to address the impact of three recent legal changes, including two Florida Supreme court case decisions (Castellanos v. Next Door Company and Westphal v. City of St. Petersburg) and legislatively-mandated updates to the Florida Workers’ Compensation Health Care Provider Reimbursement Manual (HCPR Manual).<br />
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If NCCI submits the required amended rate filing and it is subsequently approved by the Office at an overall combined average statewide rate increase of 14.5%, the individual rate impacts will include:<br />
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<li>A 10.1% statewide average rate increase for the April 28th Florida Supreme Court decision in the case of Castellanos v. Next Door Company, which found the mandatory attorney fee schedule in Section 440.34, Florida Statutes, unconstitutional as a violation of due process under both the Florida and United States Constitutions.</li>
<li>A 2.2% statewide average rate increase for the June 9th Florida Supreme Court decision in the case of Westphal v. City of St. Petersburg, in which the Florida Supreme Court found the 104-week statutory limitation on temporary total disability benefits in Section 440.15(2)(a), Florida Statutes, unconstitutional because it causes a statutory gap in benefits in violation of an injured worker’s constitutional right of access to courts. The Supreme Court reinstated the 260-week limitation in effect prior to the 1994 law change.</li>
<li>A 1.8% statewide average rate increase related to updates within the Florida Workers’ Compensation HCPR Manual per Senate Bill 1402. The manual became effective on July 1, 2016.</li>
</ul>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-23976541333898742912016-09-23T07:30:00.002-07:002016-09-23T07:31:48.004-07:00The Florida Supreme Court recently made two separate rulings that have triggered a monumental reform of Florida’s Workers’ Compensation Laws and Rates.<span style="color: black; font-family: "arial"; font-size: medium;"><b>As some of you may be aware, the Florida Supreme Court recently made two separate rulings that have triggered a monumental reform of Florida’s Workers’ Compensation Laws and rates. The recent rulings will reverse the 60% rate decrease we’ve experienced since 2003.</b></span><br />
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<span style="color: black; font-family: "arial"; font-size: small;"><b>What does this mean for your company? </b><br /><br />
A proposed rate increase of 19.6% has been recommended to take effect October 1st, 2016 for all new and renewal policies. Furthermore, the ultimate rate increase will apply on a pro-rata basis to all policies in place on October 1st, 2016.<br /><br />
<b>What can I expect as a result of this overhaul? </b><br /><br />
These recent changes will now encourage more litigation due to attorney fees no longer being capped on cases. There is also potential for prior claims still within the statute of limitation (2 years from accident, 1 year from last payment) to be re-opened due to the recent case law.<br /><br />
<b>What can you do to alleviate the financial burden? </b><br /><br />
This is a great time to evaluate your current risk management and claims prevention protocols. Workers Compensation is the one insurance coverage where an ounce of prevention is truly worth a pound of cure when it comes to controlling your premium. It will be important going forward to really work closely with your employees and making sure claims are managed properly. Getting injured workers back to work will be critical! This could help offset some of the cost increase in the event your claims experience is positive. <br /><br />
<b>What are my options from an insurance standpoint?</b></span>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-74278374683358488912016-07-26T11:35:00.000-07:002016-07-26T11:35:02.975-07:00Medical malpractice case settled for $6 millionMERCER – A judge on Wednesday approved a $6 million settlement in a medical malpractice case.<br /><br />
Leigh A. Isaacs initiated the action in response to the death of her husband, Harold D. Isaacs Jr. of New Wilmington, who died at age 41 on June 21, 2013.<br /><br />
A notice of intent to sue was filed June 19, 2015, in Mercer County Common Pleas Court against Dr. Joseph J. Wizorek, UPMC Horizon in Greenville and University of Pittsburgh Physicians, but the parties reached the settlement in May without a formal complaint being filed.<br /><br />
According to a petition filed by Isaac’s attorney, Neil R. Rosen of Pittsburgh, Harold Isaacs was involved in a minor traffic crash. A CT scan of his chest revealed a “small, asymptomatic mass” in connecting tissue. Harold Isaacs was referred to Wizorek, who recommended surgery to remove the mass. <br /><br />
Surgery was performed June 20, 2013, but Isaacs died the next day of multi-system organ failure.<br /><br />
Rosen said he obtained an expert opinion that there “numerous deviations from the standard of care” in Harold Isaacs’ case, and initiated the wrongful death claim.<br /><br />
Of the settlement, $2.4 million will go to Leigh Isaacs and $1.2 million each will go to Harold Isaacs’ minor children. Rosen will receive $400,000. <br /><br />
Judge Christopher J. St. John approved the settlement.
<a href="http://www.sharonherald.com/news/medical-malpractice-case-settled-for-million/article_f55eb6ad-19af-5623-a93a-58df6a4bca47.html" target="_blank">Read full article, click here.</a>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-37262008025418971602016-07-22T11:45:00.002-07:002016-07-26T11:46:57.544-07:00Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study ShowsLaw firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough. The study found that most legal malpractice insurers saw an increase in the frequency of new claims in 2015, including larger claims with costs in excess of $50 million.<br /><br />
In its sixth annual survey of lawyers’ professional liability claims, Ames & Gough examined the trend by polling nine lawyers’ professional liability insurance companies that on a combined basis provide insurance to more than 60 percent of the AM Law 100 firms.<br /><br />
Five of the insurers reported greater malpractice claim activity in 2015 compared to the prior year; four reported seeing a similar number of claims both years. Overall claim volume had been stable in 2013 and 2014, even as the number of larger claims continued to rise.<br /><br />
In the past two years, eight of the insurers surveyed participated in paying a claim of $50 million or more, including two that participated in a claim exceeding $100 million. Six of the nine insurers surveyed reported they had 21 or more claims with reserves of $500,000 or greater (combined indemnity and defense costs), the same number as in 2014.<br /><br />
<a href="http://www.insurancejournal.com/news/national/2016/07/22/420999.htm" target="_blank">Click here to read full article.</a>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-6394165644128783672016-07-20T06:32:00.003-07:002016-07-20T06:35:11.829-07:00Vern Barclay attends ALFN event in AshevilleVern Barclay has been at an ALFN event for the last few days in Asheville<br /><br />
<b>About the ALFN</b><br /><br />
The ALFN is a national network of legal and residential mortgage banking professionals and leads the industry as a provider of strategic and timely education. The largest national organization of its kind, the ALFN offers members of the residential mortgage banking community high quality educational and training resources. ALFNs membership rosters include professionals from the following segments of the residential mortgage banking community: Legal, Residential Mortgage Bankers and Investors, Risk Evaluation, Investment Research, Consulting, Land and Title, Technology and Asset Protection.<br /><br />
Learn more about ALFN, <a href="http://www.alfn.org" target="_blank">click here.</a><br /><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEie2HIVvWHP-iDSjMyn2X3olnmT8B2IYmbSvQhZMMcYyJlCoc9lyQc3Uq326V6I0IgulexhWJ2CKN5mponB9EH_mc-0FZQfklZWCrLwwgW7F-qQbKmL7uNFSOVl256AtsxDNqPsuDRPWMhs/s1600/afln.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEie2HIVvWHP-iDSjMyn2X3olnmT8B2IYmbSvQhZMMcYyJlCoc9lyQc3Uq326V6I0IgulexhWJ2CKN5mponB9EH_mc-0FZQfklZWCrLwwgW7F-qQbKmL7uNFSOVl256AtsxDNqPsuDRPWMhs/s1600/afln.jpg" /></a></div>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-90990526958783902332016-06-27T10:54:00.003-07:002016-06-27T10:55:59.028-07:00A push to make cops buy liability insurance in MinneapolisAs an advocate for victims of police brutality and their families, Michelle Gross has alternately worked with and needled Minneapolis city officials. During 30 years of activism, Gross has pursued many, if not most, ways for residents to improve police accountability, from designing civilian oversight to compiling hard-to-get complaint data.<br /><br />
Then six years ago she got a different idea: professional liability insurance. Doctors and lawyers carry malpractice insurance. Why not require police officers to purchase coverage and make them, not just the city, pick up the tab in misconduct settlements?<br /><br />
Gross didn’t know it, but she was about to shake the dust off an old idea that had disappeared from practice more than 50 years ago. The idea upsets modern norms, divides policing experts and potentially recalibrates the balance of power between community, police and city government.<br /><br />
“I thought it was flipping brilliant,” Gross said.<br /><br />
At the time, a string of police misconduct suits and six-figure settlements under then-police chief Tim Dolan had grabbed local headlines. Gross saw a chance to attack a two-pronged problem: officer discipline and runaway payouts. “I’m a homeowner and taxpayer, and I don’t like that our city is budgeting for police misconduct,” she said.<br /><br />
Read more: <a href="http://chicagoreporter.com/a-push-to-make-cops-buy-liability-insurance-in-minneapolis/" target=_"blank">Chicago reporter</a>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0tag:blogger.com,1999:blog-5974218622196914054.post-5835801900500453292016-06-23T10:54:00.000-07:002016-06-27T11:06:27.255-07:00NJ: No Vicarious Liability for Partner Where LLP Lacked Tail CoverageThe requirement for a law firm organized as a limited liability partnership to maintain malpractice insurance does not extend to the period when a firm is winding up operations and has ceased to provide legal services, the Supreme Court has ruled.<br /><br />
The plain language of Rule 1:21-1C ties the insurance mandate to the performance of professional services, and that term doesn't encompass the administrative duties related to a windup, the court ruled in Mortgage Grader v. Ward & Olivo. Affirming an Appellate Division order, the court said a motion judge erred by converting the Summit firm from an LLP to a general partnership for failing to carry malpractice insurance while winding up operations.<br /><br />
As a result of the ruling, Mortgage Grader Inc., which hired the firm's John Olivo in 2009 to address claims of patent infringement, has no vicarious liability claim against the firm's other partner, John Ward, for Olivo's alleged malpractice, the court said.
Mortgage Grader, based in Laguna Niguel, California, entered into settlement agreements related to the infringement claims that gave rise to allegations of malpractice. In June 2011, Ward & Olivo dissolved and entered into a windup period while collecting outstanding legal fees and paying taxes.<br /><br />
The firm's claims-made policy ran through Aug. 8, 2011. In October 2012, Mortgage Grader filed a malpractice suit against the firm, Olivo and Ward, alleging malpractice by Olivo in relation to the settlements. Mortgage Grader served an affidavit of merit on Ward & Olivo and Olivo but not on Ward.<br /><br />
Ward moved to dismiss, arguing that he could not be held vicariously liable, and that he had not been served with an affidavit of merit. The judge hearing the motion concluded that the lapse of the firm's malpractice insurance policy relegated the firm to a general partnership and, therefore, Ward could be found vicariously liable. The Appellate Division reversed in 2014, and Mortgage Grader appealed.
At the Supreme Court, Mortgage Grader asserted that Olivo's termination of the attorney-client relationship in May 2012, nine months after his firm's malpractice insurance lapsed, dictated that the firm should have purchased so-called tail coverage for the windup period. Ward, for his part, argued that a mandate to purchase tail coverage would require coverage perpetually into the future, since the six-year statute of limitations would not apply to representation of a minor or the drafting of a will.<br /><br />
Under R. 1:21-1C, adopted in 1996, a law firm organized as an LLP must carry at least $100,000 in insurance for each attorney employed, Justice Faustino Fernandez-Vina wrote for the court. The rule was intended to protect partners from lawsuits premised on vicarious liability, but common sense and public policy dictate that partners should not be allowed to seek shelter behind the liability shield of an LLP when they have not maintained malpractice insurance, Fernandez-Vina wrote.<br /><br />
Full article: <a href="http://www.njlawjournal.com/this-weeks-news/id=1202760808850/No-Vicarious-Liability-for-Partner-Where-LLP-Lacked-Tail-Coverage?mcode=1202617207189&curindex=8&slreturn=20160527140316" target="-blank">www.njlawjournal.com</a>Shea Barclayhttp://www.blogger.com/profile/03784517815088020319noreply@blogger.com0