Private Client Services: Steinway to be sold to Private Company According to Reuters, private equity firm Kohlberg & Co. is acquiring 160 year old piano and musical instrument maker Steinway Musical Instruments Inc. for approximately $438 million. Steinway has evolved to become an American icon synonymous with handmade grand pianos. The company previously declined to sell itself six months earlier. … Read More
Wallingford Group Benefits Insurance: How to Reduce Employee Turnover
Wallingford Group Benefits Insurance: How to Reduce Employee Turnover Increasing employee retention benefits businesses in several areas. It saves recruiting costs and time and can boost company morale across the board. Here are some tips to reduce employee turnover. The Hiring Process: Look at all aspects of the candidate. Don’t assume the candidate with the Ivy League degree and computer … Read More
Healthcare Providers Coverage: Top Reasons Doctors are Sued
Healthcare Providers Coverage: Top Reasons Doctors are Sued Lawsuits and medical malpractice suits are a difficult but unfortunately common facet of the healthcare industry. There are several reasons for malpractice payments. Surgical mistakes, overdoses, and obstetric errors are all reasons for insurance payments. However, the most common reason for insurance payments were diagnostic mistakes, accounting for 28.6 percent of payouts. … Read More
High-Value Home Insurance: The Garage Showroom
High-Value Home Insurance: The Garage Showroom The garage used to be a purely functional space. It was that black hole where you crammed every soccer ball, winter jacket, holiday decoration, and family photo albums that wouldn’t fit inside the house. It was a practical space that most visiting guests never saw. However, more and more homeowners are investing in garages, treating them … Read More
Fine Art Insurance: FBI’s Top 10 Art Crimes
Fine Art Insurance: FBI’s Top 10 Art Crimes Iraq National Museum. In 2003, 10,000 artifacts were taken by U.S. Department of Defense contractors who used them as gifts or bribes. Seven to ten thousand remain missing. Isabella Stewart Gardner Museum. Two men dressed as Boston police entered the museum during St. Patrick’s Day, tied up the night guards, and stole … Read More
Wallingford Health Insurance: Business Owners Weighing Both Sides
Wallingford Health Insurance: Business Owners Weighing Both Sides There is a lot of uncertainty about how the healthcare reforms will affect business owners as the changes begin to roll out, especially in terms of cost. Now required to provide health insurance for all employees, business owners are debating forgoing the health insurance and paying the fee. Under the Affordable Care … Read More
Energy Dealers Insurance: The Future of Renewable Energy
Energy Dealers Insurance: The Future of Renewable Energy It hasn’t been the easiest time for the renewable energy industry. Numerous alternative-energy companies have filed for bankruptcy, from federal loan backed solar cell manufacturers to small scale wind and solar manufacturers. The American Wind Energy Association says the U.S. wind industry employment is on track to be cut in half in 2013. Renewable … Read More
Small Businesses Fail to Notify Customers of Data Breach
Small Businesses Fail to Notify Customers of Data Breach With the added convenience of online tools, going paperless also adds new risks for businesses. Data breaches are growing more and more common as companies take their operations virtual. According to Verizon Wireless’s 2012 Data Breach Investigations Report in 2012 there were 855 recorded incidents, totaling 174 million compromised records. Over … Read More
Connecticut Retirement Planning
Connecticut Retirement Planning People are living longer. It’s great. We are reaching old age in better health and increasingly can look forward to long, happy lives. But the extra years can be extra cost- how does living longer affect retirement planning? Over the past 170 years, in countries with the highest life expectancies, the average lifespan has grown approximately 2.5 … Read More
How to Protect Your Fine Art Collection
How to Protect Your Fine Art Collection Major storms such as Hurricane Sandy are continuing to increase in frequency and severity. It’s a wake up call for art collectors and planners. As these extreme storms threaten their collections, art collectors need to be vigilant about devising emergency evacuation plans and inventory management systems for valuable works of art. How to … Read More