Beware bungee cords

Bungee cords are used more frequently during the summer months; hiking, camping, boating , car travel, etc.
Bungee cords are also a major cause of eye injuries. My friend suffered an eye injury and lost four teeth last year from a bungee cord that snapped loose. He was merely a spectator at a soccer game!
My optometrist also stated that bungee cords are the #1 cause of eye injuries (not confirmed).
Please be careful for your safety and the safety of others…..Bungee Beware!
Be sure you have enough liability insurance in case a guest hurts themselves at your home. For more information on home liability insurance, visit www.agordon.com.

Get Registry reminders…automatically

With the Registry providing less notice by mail for license renewal reminders, we recommend everyone sign up for automatic email reminders for renewing your driver’s license, registrations, state inspection stickers. You can use Plymouth Rock’s on-line service, available through our web site at: www.agordon.com. Don’t let an expired inspection sticker, or worse, an expired driver’s license become the reason your insurance costs go up! For the best auto insurance advice, choice, and rates, visit www.agordon.com.

ID theft – insurance protection

With more people accessing the internet and spending more and more time on their computers, identity fraud incidences are becoming more prevalent. It is in your best interest to check with us regarding adding coverage if you don’t have already.
In the meantime, follow simple rules: maintain strong passwords, don’t open suspicious emails, and especially don’t reply to emails asking for account numbers or other personal private information. Consider also ID protection services.
ID theft can happen to anybody, and having a coach and an advocate after the fact to get your identity back can be invaluable.
For more on this and other ways your homeowners can protect your assets, visit www.agordon.com and click the homeowners link.

Swimming Pool rules

A swimming pool can provide a refreshing respite from this summer’s heat, but be aware that it can also be a source of liability.   Be sure to comply with your town’s requirements for securing your pool – fencing, locks, etc.   Just a bit of caution can result in peace of mind, as well as safety for your family and guests.
And whether you have a pool or not, look to Gordon Insurance for being sure you have enough liability coverage in your home insurance in case there’s an accident at your home.

AIR announces new hurricane modeling

Warm summer breezes remind us in the insurance world that conditions ripen for tropical storms and hurricanes.  Hurricanes damage so much property over such large areas that forecasting the damage for all the landfall possibilities is important.  Having accurate tools for estimating costs that the industry can expect during hurricane season can make or break an insurance company.  Good data and accurate modeling are critical.

AIR Worldwide is one of the top modeling companies in the world, and they just announced the next generation model.  These are enormously complex models that take into consideration wind estimates, construction types (e.g. frame vs. masonry or steel), new building codes in vulnerable areas and other variables.  For more, visit AIR’s recent press release on the issue. http://www.air-worldwide.com/NewsAndEventsItem.aspx?id=19474

For more on home and property insurance for your home or business, visit www.agordon.com.

Active Storm Season Anticipated

Having looked at meteorological data, experts agree that 2010’s hurricane season will be a violent one, possibly rivaling the devastating 2005 season, infamous for Hurricane Katrina and 27 other named storms. In its latest tropical storm update, private weather forecaster WSI called for 19 named storms, down from 20 in its June forecast, but maintained its outlook for 11 hurricanes and 5 intense hurricanes of category 3 or higher.

“Record warm tropical Atlantic Ocean temperatures and an enabling wind shear environment should result in a very active tropical season this year,” said Dr. Todd Crawford, WSI’s chief meteorologist. A slow start to the hurricane season led to the downward revision in named storms. A pocket of dry air in the Atlantic is likely to limit development in the near term, WSI said, while August to October is expected to be a very active period.

With the forecasts as they are, attention to the possibility of wind and storm damage is a must for the upcoming hurricane season on the South Shore. Look to A. G. Gordon Insurance & Risk Management to provide you with the peace of mind you deserve.

Do YOU Understand The New Cell Phone Laws?

The era of operating motor vehicles under the influence of electronic distractions has hopefully come to an end following the passage of new legislation, the so-called “Safe Driving Bill”. The Bill was given gubernatorial blessing and signed into law July 2, and is now in effect for all Massachusetts Drivers. Here’s what it means:

For All Drivers:

What this bill means for EVERYONE in the state is simply that texting behind the wheel on any handheld electronic device is against the law. Violators will be subject to hefty fines that increase with each subsequent offense from $100-$250-$500. Texting while driving has also become a primary offense, which allows Law Enforcement Officers to stop any motorist suspected of texting. However, texting while driving is not considered a moving violation and is not subject to an insurance surcharge.

Additionally, under the new law, any driver who acrews three or more surchargeable incidents within a two year period will be required to take a driver retraining and safety course or face the suspension of their license.

New Drivers:

Drivers under 18 cited for using any type of cell phone or mobile electronic device with or without a hands-free feature will be subject to a $100 fine and a 60-day suspension of their driver’s license. Offenders will also have to complete a driver attitudinal retraining course before their license is reinstated.

Elderly Drivers:

The MassDOT Registry of Motor Vehicles will also require any driver age 75 or older to renew their license in person at an RMV branch or office location and undergo a vision test every five years. The division will also develop standards to help law enforcement, health care providers and families better assess a driver’s ability to handle a vehicle safely.

 

It’s never convenient to completely disconnect from the communicating world when on the road, but this legislation represents Massachusetts taking a step towards safer driving in a state that already bears a reputation for aggressive and antagonistic drivers. The legislation will ultimately serve to make the roads safer for all of us. As an insurance company, our job becomes significantly easier when drivers exercise good habits, and we strongly encourage all to follow the new legislation, even before its activation in October.

And for insurance and risk management solutions coupled with topical and relevant insurance information, visit us at our homepage.

Congress Extends Flood Insurance Program For 5 Years

We’ve blogged before on the failure of Congress to extend authorization for the National Flood Insurance Program for a period of time that is meaningful.  Over the past year the program has been suspended by lack of action several times, each with only brief extensions.  Legislation has finally passed authorizing National Flood for another 5 years. 

Taxpayers and policymakers can argue whether it’s good for the government to subsidize coastal property development by providing insurance that the private market won’t offer, but we feel strongly that if there is a program, it should be stable and predictable.  State Farm dropped out of participating altogether a few months ago, since the start – stop nature of the government backing made participation difficult.  This is truly a good step toward providing predictability in this market.

For timely and economical solutions for your needs, look to Gordon Insurance for home insurance, and investment property insurance and business insurance all along the coast.

Uncertainty in Governor’s Office After Health Insurance Freeze

Business Week ran an article about turmoil and disagreement within Governor Patrick’s office regarding the freezing of health insurance rates by Massachusetts’ providers.   Our take is that while we were also affected by health care costs with a huge (20+%) rate increase in April, artificially freezing rates by government edict is no good solution.  Instead of making the market more open, it has frozen the market.  We still cannot quote alternative options for our small business customers.    Businesses don’t even know their true costs today.  If insurance companies prevail and are permitted to charge the rates proposed beginning in April retroactively, business customers will have to pay back premium for several months.  None of this is good for an open and competitive environment. See the full story here.

 

Gordon Insurance is watching developments closely so we can offer real options as soon as they become available.  Until we know what the rates are, shopping for a better insurance plan is an academic exercise only. Visit us at our homepage for solutions to your risk and benefits problems.

Congress Extends Flood Insurance Program

 The National Flood Insurance Program, which provides flooding coverage across the nation, expired yesterday, June 1st. Coincidentally, June 1st also marks the first official day of hurricane season, a fact that alarmed both coastal citizens and the U.S. Government. “It is completely unacceptable for the Congress to allow flood insurance authorization to lapse during hurricane season,” said Sen. Roger Wicker, R-Miss.  Because of this, an extension until September 30 was approved by congress, in order to ensure ongoing coverage though what will most likely become another destructive year for the massive maritime storms. Hopefully, because of this legislation, there will be a smaller number cowering in fear at the sound of the generic, nursing-home-esque hurricane names.

 
Read the full story here
 
And for relevant information and insurance and risk management solutions, visit our homepage.
Andrew G. Gordon, Inc.
Insurance and Risk Management
680 Main St.
Norwell MA 02061