EIDSON INSURANCE | Community & Insurance News and Educational Events

Discover the Giving Tree at Lake Eola

Laura — Fri, 18 May 2012 22:56:45 +0000

May is Foster Care Awareness Month. On May 20, hope comes in the form of a Giving Tree. Be a part of the solution – join Appleton Creative, Panera Bread and the City of Orlando in raising awareness by purchasing the wishes of foster children to float from the branches of the Lake Eola trees. All proceeds benefit the Central Florida Foundation for Foster Children (FFC) as they work hard to enrich the lives of children placed in foster care due to abuse and neglect. FFC provides opportunities that nurture their ability to succeed both as individuals and contributing members of our community.

http://foundationforfosterchildren.org/news/decorate-a-tree-at-lake-eola-parkand-help-support-our-localfoster-childrens-wishes/

Benefits Brief May 2012

Laura — Thu, 17 May 2012 18:59:17 +0000

Each month, the Eidson Insurance Benefits Department publishes a newsletter touching on topics that are at the forefront of business owners and HR managers minds. This month, we look at what the Who, What, How When of the Health Care Reform Summary of Benefits coming out this Fall. Learn more by reading May Benefits Briefs.

Your Family is the Victim of Insurance Fraud

Laura — Tue, 15 May 2012 18:55:58 +0000

A recent post shared a story about an insurance fraud arrest involving a $1.8M yatch. Not all the fraud incidents involve dollar limits that high but when all are tolled, it is estimated that insurance fraud costs the US $80 billion dollars or more a year. Those costs get passed down to consumers. The Coalition Against Insurance Fraud (CAIF) estimates that cost to be approximately $950 per family.

Other statistics show that 28% of bodily injury and no-fault claims are exaggerated and 25% of workers compensation claims are fraudulent.

Reporting insurance fraud is easy and just a click away. Visit the Florida Division of Fraud Insurance to learn more.

I’m on boat … Not any more

Laura — Mon, 14 May 2012 20:02:12 +0000

After a week off the top 10 list by Insurance Journal, a Florida story is back in the ranks. In Miami Boat Captain Charged with Insurance Fraud Over Sinking a $1.8M Yatch, learn how crime never pays, even if it appears victimless.

Buy a Bagel; Help a Foster Child

Laura — Wed, 02 May 2012 12:01:34 +0000

May is National Foster Care Awareness Month and our community has the opportunity to show our support for children who have been removed from their home due to abuse or neglect. Panera Bread in Central Florida is sponsoring a Blue Ribbon Bagel Day on Friday, May 4th.

Buy a blueberry ribbon bagel and the proceeds will be donated to the Foundation for Foster Children. Pre-orders are highly recommended by submitting the Pre-Order Form by fax or email TODAY.

To learn more about how our community is changing the future for foster children read the Foundation for Foster Children Annual Summary.

Count Down to Summer … Storms

Laura — Tue, 01 May 2012 18:57:46 +0000

Hurricane season starts a month from today. But there is some good news. The Insurance Journal’s Weekly Picks reported “Fewer Storms Forecast for 2012 Hurricane Season.”

For Florida, that means fewer interruptions from threats of hurricanes. However, it only takes one severe storm to cause extensive damage including flood.

Homeowner and business property policies do not include flood coverage. A separate policy is required that will take 30 days to issue unless you are closing on the property.

Contact an Eidson Insurance account executive to review your property coverages and provide additional information on flood insurance. 407-849-0333 or info@eidsoninsurance.com.

Was that a Gator at Check-in?

Laura — Mon, 23 Apr 2012 15:25:11 +0000

This week, the Insurance Journal’s Weekly Readers Pick list did not include a Florida story but this one certainly could have been: Alligator Visits Louisiana Hotel; Bites Guest.

Do you have the proper risk management program to protect guests on your property from dangerous conditions?
Is your liability insurance adequate to protect you financially for unavoidable dangers?

For a consultation with one our insurance experts, contact Laura Eidson Cosgrove. laurae@eidsoninsurance.com or 407-849-0333.

Unexpected Risks for Homeowner Associations

Laura — Mon, 16 Apr 2012 18:07:36 +0000

The Trayvon Martin shooting has attracted national media on the many issues that it has raised. Among these is the potential liability the homeowner association faces.

Traditionally tasked with neighborhood beautification, in today’s more volatile world, association boards have become more involved with safety matters. With the increased participation comes greater liability exposure.

“Florida Homeowners Association Could be Sued in Martin Shooting Case” made the Insurance Journal’s Weekly Readers Picks list. Property managers and owners who are members of associations should review their insurance policies to determine whether they are adequately covered for liability exposures.

For an assessment of your association’s insurance program and recommendations for risk mitigation, contact Laura Eidson Cosgrove. laurae@eidsoninsurance.com or 407-849-0333.

Computer Fraud Insurance

Laura — Wed, 11 Apr 2012 17:51:54 +0000

On-line and mobile banking are no longer just conveniences; they are essential tools to operating a business efficiently. However, internet access brings new risks of funds being stolen from your account. If you have computer access to your bank account, your funds are exposed to hackers who either fraudulently set up a transaction from another bank or steal directly from your bank by gaining access to your log-in information.

Your first defense is maintaining a strong, updated security software system. You should also take advantage of tools offered by your bank to promptly detect potential fraudulent activity. Although reducing your risk, these measures are not foolproof. That is why computer fraud insurance is important.

Learn more about computer fraud protections by reading about the Travelers Wrap product or contacting Laura Eidson Cosgrove.

Avoid Wedding Day Blues

Laura — Mon, 09 Apr 2012 22:42:19 +0000

With all the joy and anticipation a wedding day brings, it can also be a time of anxiety because so much is riding on everything coming together for that special celebration. The #1 story of the week in the Insurance Journal was “Top Reasons Happy Couples File Insurance Claims.” Learn about the financial risks you can avoid, or at least mitigate, by the proper insurance protection.