As I walked around our show in Lincoln this past December, and then again at our show in Des Moines the end of January this year, I couldn’t help but notice all the innovation there is in agriculture. The one product that seems to be gaining the most traction in farming practices over the past few years is drones. It was very evident with the number of vendors at the show that were displaying their drones and all their capabilities that the small, unmanned aircraft are going to have a lasting impact on the agricultural industry and already have. There… Read More »
It is that time of the year again where we see our insurance agent come into our store just a few days or the day before our insurance renews for the next year, they sit down at your desk, ask you to sign for renewal for the next year, they may tell you a little of what is changing but they don’t go over any of your coverages other than to tell you that you are covered and good for the next year when will be the next time you see or talk to them again. Even though this process… Read More »
[By Christine E. Branstad, J.D., 2010; R-2013 | Keywords: Business, Insurance] Paying your insurance premiums doesn’t always mean that you’ll get a check if you have a loss. Insurance coverage is a legal “contract.” Your insurance company may refuse to pay you (ignore their contractual obligations) if you do not comply with the terms of the policy (ignore your contractual obligations). Many insureds are tripped up by failure to provide the insurance company with accurate ongoing information about your business. In one case after fire destroyed a five-year old building, the owner learned for the first time that the “new”… Read More »
[Author: Christine E. Branstad, J.D., 2013 | Keywords: Business, Operations, Insurance] Paying your insurance premiums doesn’t always mean that you’ll get a check if you have a loss. Insurance coverage is a legal “contract.” Your insurance company may refuse to pay you (ignore their contractual obligations) if you do not comply with the terms of the policy (ignore your contractual obligations). Many insureds are tripped up by failure to provide the insurance company with accurate ongoing information about your business. In one case after fire destroyed a five-year old building, the owner learned for the first time that the “new” building was… Read More »
