Clean Up or Pay Up
Discover how inattention to proper clean-up could impact a business’ third-party liability. Read a scenario in which “clean up or pay up” could potentially apply to a commercial business. Whether you read it, hear it, or say it, there is definitely a common-sense ring to the phrase, “clean up or pay up”. It’s a first-party…
Read MoreDrip, Drip, Drip…There Go Your Profits
One drip of water per second wastes 1,661 gallons of water per year according to the Department of Energy. Building owners need to develop strategies to keep consumption and heating costs down. While parts of Northeast Ohio are seeing rents increase, others are seeing decreases. What can a building owner or manager do to improve…
Read MoreArtisans make your work easier in the cold weather
Artisan Contractors are putting in long hours to get as much work completed before the weather turns cold in Northeast Ohio. But don’t forget you will need to prepare your equipment for winter before it is too late. Below is a list that every contractor should address to avoid a mechanical breakdown that probably will…
Read MoreCatastrophic Violence … An Occurrence with More Frequency
Threats of violence have increasingly given way to actual acts of violence. The risks can be elevated when large gatherings of people congregate to protest a hot button social issue, and the protest turns from peaceful to incendiary. At the other end of the spectrum are situations which can and have recently culminated in a…
Read MoreIf You E-Scoot, Be Astute
Discover the gap between legal liability and insurance availability for e-scooter users. Read why e-scooters aren’t really as affordable as vendors say they are. Heads up, Cleveland. It’s “take 2” for e-scooters in select parts of the city. Two weeks ago, some adventurous/curious/hop-on, hop-off enthusiasts took to area streets on electric scooters. This is now…
Read MoreThe Basics of Insurable Interest
Gino is buying a 14-unit apartment building that is structurally solid, but needs both maintenance and repair work. Three days ago Gino and Toby entered into a purchase contract in the amount of $300,000. Along with signing the purchase contract, Gino also put a $20,000. deposit down on the apartment building. Toby, the current owner…
Read MoreHappy Labor Day from Richey-Barrett Insurance
At Richey-Barrett, we cherish the hard work and dedication of our employees, as well as the hard work of our associates and friends. On September 2nd, 2019, we will observe Labor Day. Normally, people think of Labor Day as the holiday that signifies that kids are officially back in school, and the summer season is…
Read MoreOwners of Apartments in Greater Cleveland beware!
New Code requires Carbon Monoxide Detectors in certain Ohio buildings Be aware of what? A huge liability exposure for you as the owner of residential rental properties and apartments in Greater Cleveland. Be aware of carbon monoxide – the odorless, colorless gas that is produced any time fossil fuel is burned. Gas ranges, ovens, furnaces…
Read MoreA Checklist for New Board Members: Can You Check Yes?
As a new member on the board the journey you are beginning can be very rewarding in helping your church reach its’ goals but understanding your responsibilities is a key to that success. “But as for you, Daniel, conceal these words and seal up the book until the end of time; many will go back…
Read MoreWhat’s It Worth to Us?
Learn about functional value as a potential alternative for older church buildings Read why functional value may be a practical choice for older churches Generational shifts in church membership are real and widespread. With headcounts dropping and expenses maintaining at best, many churches are exploring options to cut costs. For those churches which qualify, the…
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