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Cook Maran.

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Looking for the latest from Cook Maran—or what's new in the commercial or personal insurance industry? You'll find it here.

Aug
18
2015

Identify & Prevent Employee Benefit Plan Fraud

Posted in Employee Benefits
By

Employee benefit plans are a must-have for every business. Not only are they important recruiting tools, but they are an expected and necessary perk of most full-time positions. While many employers have implemented detailed employee benefits plans, they are often missing the crucial oversight and systems to help prevent fraud. 1. Know where to look
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Aug
13
2015

Discontinued Products Liability Insurance

Posted in Beneficial Insurance Strategies, Commercial Insurance
By

Organizations that manufacture or distribute products understand the need to purchase Commercial General Liability (CGL) coverage including Products Liability as part of a standard risk management and insurance program. Products Liability provides a business protection against financial loss arising out of the legal liability incurred by an insured because of bodily injury or property damage
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Aug
07
2015

Why is it important to update insurance policies when moving property into LLCs and trusts?

Posted in Personal Insurance
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“It’s no secret that the use of limited liability companies (LLCs) and trusts is on the rise among the wealthiest Americans. One reason for the popularity of trusts/LLCs is that they can be used to keep personal real estate and business transactions discreet. “Individuals moving real property into LLCs and trusts frequently take the property
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Jul
28
2015

IRS unveils final forms, reporting guidelines for ACA

Posted in Employee Benefits
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Recently, the IRS announced its final forms and reporting instructions for the Affordable Care Act. The law has altered insurance coverage for Americans, both through employee benefit programs and the health insurance exchanges. Regarding the former, the ACA did not just usher in changes for workers. Employers also have new requirements for their employee benefits,
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Jul
21
2015

Understanding the Admitted and Non-admitted (Excess and Surplus Lines) Insurance Markets in the Personal Insurance Marketplace

Posted in Personal Insurance
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Our most popular blog post offered a brief overview of the non-admitted insurance market.  The non-admitted market, which serves a very important role in New York and in virtually every state, remains as relevant today as when the original post was authored.   It is attached here for your review: //www.cookmaran.com/understanding-the-admitted-and-non-admitted-excess-and-surplus-lines-insurance-markets-in-the-personal-insurance-marketplace/

Jul
16
2015

How to properly report workers’ compensation claims

Posted in Commercial Insurance, Workers’ Compensation
By

Timely workers’ compensation claims reporting is beneficial not just for the employee, but for the insurance provider and your business. Without prompt reporting, you will: Miss workplace safety warning signs. Lose a critical risk management tool. Delay the recovery process. Increase the potential for higher costs. Assuming the worker immediately notifies you of the injury
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