Does Your Connecticut Aviation Insurance Cover Hostile Acts?

Does Your Connecticut Aviation Insurance Cover Hostile Acts?Does Your Connecticut Aviation Insurance Cover War Acts?

Circumstances surrounding the recent tragic crash of Malaysia Airlines flight MH17 is still underway, however early evidence indicates that it’s very likely the aircraft was under fire as it flew over Ukraine. Allegedly, a missile fired from territory in eastern Ukraine struck the hull of the aircraft which ultimately resulted in the crash. U.S. assistance in the investigation has been promised to facilitate the aid of a credible investigation. To date, all parties involved in the conflict in Ukraine have denied any involvement in the event and the full story remains unknown.

The damages however, have been done and could be potentially have devastating ramifications for Malaysia Airlines. The even raises some discussion about the jurisdictional limits of certain types of insurance coverage held by many airlines. Traditional hull insurance coverage has limits which may exclude disaster such as acts of war and other hostile perils. Depending on how it is written, an all-risk hull insurance policy could protect airlines from financial ramifications of war and allied peril, however there is also separate coverage available.  Passenger liability coverage associated with these events will also fluctuate widely depending on how a policy is written. As with the hull insurance, an all risk liability policy may provide compensation passengers and their families should an accident occur. In many cases airlines carry a detached war-risk policy that covers both hull and passenger liability in the event of an attack.

Current legislation mandates that war risk insurance coverage must include hull loss and passenger liability as essential elements of this coverage, however they may have other exclusions such as nuclear threats. These regulations were enacted to help ensure that airlines that hold these policies are protected from these events where they may not have been through their standard coverage. War-risk policies are available both from the U.S. government for domestic airlines as well as through the private commercial insurance market.

Flying over international spaces does present a huge risk for airliners but is an essential business function in today’s global economy. Having the right Aviation insurance is essential to the success any security of any airline.  At Sinclair Risk and Financial Management we help our aviation clients assess their risk exposures so they can better understand the hazards they may come up against. We also provide solutions to mitigate those aviation industry hurdles, to keep airlines flying high and in the green. Our Connecticut Aviation Insurance specialists can assess your current policy and help direct you towards the most comprehensive solutions available. To find out more about our services, give us a call today at (877) 602-2305. 

Waterbury Food Manufacturers Need Product Recall Insurance

Waterbury Food Manufacturers Need Product Recall Insurance Waterbury Food Manufacturers Need Product Recall Insurance

The risk of a product recall has increased exponentially in recent years for Waterbury food manufacturers as a result of the implementation of new product safety rules and manufacturing statutes. While designed to help protect consumers from illness and health hazards related to food contamination, these policies often create hurdles for food manufacturing operations struggling to comply with ever changing policies and requirements.

Governmental oversight of the production and distribution of food goods is increasing in strength and scope. Rigorous product safety regulations such as The Consumer Product Safety Improvement Act of 2008 and the Food Safety Modernization Act of 2011 are reshaping the way consumable products of all types are crafted, shipped stored and packaged. The Food and Drug Administration (FDA) instigates the recall of thousands of products a year, and thousands more self-issued product recalls are issued by companies who identify issues through their own internal quality investigations.

The fact is that no organization is immune to the hazards involved with a product recall, even those with the preventative practices and quality assurance standards. Food manufacturing is multi-step, collaborative process. As such, each step throughout the food-supply chain can expose consumer goods to contamination and health hazards. Everything from supply ingredients to food packaging materials and processes can significantly influence the safety of these goods.

Product recalls can be a huge financial strain on Waterbury food manufacturers, as the expenses quickly mount due to the cost of managing the recall event.  The physical clean-up can be costly. In many situations products must be removed from the consumer market, destroyed or disposed of properly, and then replaced with unaffected merchandise. Additional expenses typically include public relations and brand management efforts as well as legal aim and counsel.

Product recall insurance is a supplemental business insurance inclusion that can help reimburse Waterbury food manufacturers for financial losses caused by a product recall. At Sinclair Risk and Financial Management we proudly server Connecticut food manufacturers by providing comprehensive business risk management solutions. We can provide the support and financial security needed to weather a product recall.  Our Waterbury food contamination policies can also help food producers recover from the devastating aftermath of a product recall and other food contamination related exposures. To find out more about any of our Connecticut food industry solutions, call us today at (877) 602-2305. 

Middlesex County Contractors Insurance: Painting in Hot Weather

Middlesex County Contractors Insurance: Painting in Hot Weather
Middlesex County Contractors Insurance Painting in Unideal Weather

Working in the hot days of summer is no easy task for Middlesex County contractors and can turn many standard jobs into huge challenges. Not only can hot weather create health and safety concerns, sometimes it can actually compromise the outcome of your work as well. Painting for example is a temperature sensitive process where the integrity of the paints can vary base of thermal factors.

Temperature directly affects the quality, consistency and functionality of the paint and can create many hurdles during the application process. Cold temperature will affect the time it takes for the paint to dry, often causing cracking and uneven distribution as the paint can start to clump due to thickening. High temperatures can actually cause the paint to thin and bubble when applied to walls or other structures. When the layer of paint dries too rapidly do to the high temperatures, the chemicals in the paint do not have enough time to vaporize and thus become trapped between the film and the surface. Sometimes these bubbles are microscopic while other times they are large enough to view upon close examination. This process is called thermal blistering and it occurs when painting in high heat conditions, typically when the temperature is over 80 degree Fahrenheit. Humidity and moisture will also affect the smoothness and evenness of a coat of paint for the same reasons.

Not all paints are created equally. Manufacturers typically formulate paint for specific uses, locations and temperature ranges. Choosing the right paint for a project and using proper application techniques is essential to the achieving the a favorable outcome. Some manufactures make paint specifically designed for high and low temperature use, especially in areas were those weather patterns are more common. These products are crafted for the best performance under unideal temperature conditions.

When painting in hot weather there are a few ways to help achieve a more uniform paint coat. Working in shaded areas and adjusting as the sun shifts through the day will help minimize the direct sun exposure the paint receives allowing more time for the paint to dry naturally. Many professional and paint manufactures advise using a paint sprayer to achieve a more uniform coat and avoid highly concentrated areas. There are also hot weather paint thinners available on the market which can be utilized as well.

As a Middlesex County contractor your livelihood and reputation are at risk when working in less than ideal weather conditions. Weather will not only impact the outcome of your efforts but can pose health and safety risks to your workers as well.

At Sinclair Risk and Financial Management we understand the vast array of risks Connecticut contractors encounter on a regular basis and can provide comprehensive Construction Insurance solution. From Workers Comp to Professional Liability, our Middlesex County Contractors Insurance solutions will ensure that your operation is protected from any claim. Give us a call today at (877) 602-2305 for more information about any of our offerings.

Wallingford Physicians Insurance: Integrating Medical Technology

Wallingford Physicians Insurance: Integrating Medical Technology Wallingford Physicians Insurance: Integrating Medical Technology

Technological breakthroughs are constantly helping healthcare professionals solve many of the world’s toughest medical challenges. New advances in medical technology are always exciting, especially when they are accompanied by promises of minimally invasive procedures, improved accuracy and decreased complications.  From cultivating and regenerating body parts to monitoring comatose brain functions, many technological advances are helping patients receive better treatment and care.

When new technologies become available, they are often adopted quickly by professionals looking to keep a competitive edge in their field. Such is the case with robotic surgical assistance technologies which have become popular over the last decade as minimally invasive surgical solutions for various types of heath conditions. Widely introduced in 2003, the minimally invasive Da Vinci robotic surgical system remains one of the leading platforms for new urological, gynecological and colorectal surgeries. Far from a science-fiction super-robot, these technologies are still highly dependent on human operation. During these procedures, surgeons utilize high-resolution cameras to view internal surgical sites while guide the procedures by hand controlled robotic arms. According to proponents of the technology, the small instruments can easily access nuances in the human body that human hands cannot, and the display functions improve visibility of the necessary areas. Furthermore these procedures have been shown to decrease recovery time and minimize the healing strain on a body.

The adoption of new technology is never perfect and according to a recently released study, robotic surgeries could be causing unexpected complications. The study, released by University of California San Diego researchers examined the incident rate surrounding robotic surgical procedures and determined that patients, who underwent the robotic assisted procedures over the course of their study, were twice as likely to experience an adverse complication as those who underwent traditional procedures. The paper suggests that while the technology is strong, there seems to be a lack of properly regulated training about how to utilize the technology. The leading physicians on the report suggest that there is a need for standardized training programs to help better integrate these technologies into the healthcare system and new rules governing surgeon competence and credentialing.

A lack of consistent training presents a huge liability risk for medical practitioners. This could result in a rise in malpractice and professional liability claims brought against healthcare providers who were improperly trained. It can also increase challenges for the facilitators of medical facilities and practices.

At Sinclair Risk and Financial Management we understand the risks that Wallingford healthcare professionals face.  We have a team of professionals with the day-to-day experience required to analyze all your exposure and make recommendations on the best risk management solutions. Our Wallingford Physicians insurance offers customizable solutions to all your risk exposures. For more information about our Malpractice Liability coverage or any of our other professional solutions, call us today at (877) 602-2305.

Wallingford Employee Benefits Planning: New ACA Revisions

Wallingford Employee Benefits Planning: New ACA Revisions Wallingford Employee Benefits Planning New ACA Revisions

In a 5 to 4 ruling the U.S. Supreme Court made a hugely influential decision to allow employers to opt out of paying for employees to have access to certain contraceptives. The case was originally pursued by craft-retailer Hobby Lobby Stores Inc. along with other religiously affiliated businesses, to seek exemption from stipulations established in the Affordable Care Act (ACA) that require businesses to provide certain types of contraceptive in their business healthcare coverage offerings. The group contested that some of the mandated contraceptives, alleging that the forced distribution of such products would compel the business owners to act in a manner contrary to their convictions.

The main argument surrounded a statute called the Religious Freedom Restoration Act (RFRA) which prohibits the government from burdening a person’s exercise of religion unless the burden represents the least restrictive means of advancing a compelling interest. Legal counsel for the businesses contested that as lawful entities, their religious freedom should be protected from government interference.

In their verdict, the justices determined that “protecting the free-exercise rights of corporations like Hobby Lobby, Conestoga and Mardel protects the religious liberty of the humans who own and control those FRFR companies.” The impact of this decision extends far beyond slightly adjusting the ACA requirements. The case sets a new precedent in expanding the rights of business entities and the protections they are afforded under the law. While the court decision does very narrowly define which type of family owned, for-profit operations can exercise this religious freedom, many critics are concerned that the decision will open a window for many other businesses to seek exemption from other government legislation on religious grounds.

The ruling will most assuredly face challenges and increased criticism, but only time will reveal the extent to which businesses can utilize these newly yielded rights. Because not all businesses will be afforded such exemptions establishing the right health insurance program for your employees remains more critical now than ever. Without a well-planned employee benefits program your operation could face costly fees and even legal challenges. At Sinclair Risk and Financial Management, our Employee Benefits specialists works with employers to design, structure, and administer a complete benefits plan that is conducive to their needs and desires. For more information about any of our Wallingford employee benefits planning services of business insurance offerings give us a call at (877) 602-2305.