The Russell Agency, LLC Blog
All You Ever Wanted to Know About Insurance
ERISA and Your Business Insurance
Tuesday, April 7, 2020
The Employee Retirement Income Security Act of 1974 establishes specific duties and standards for discretionary and nondiscretionary activities in the management of employee benefits plans. Liabilities incurred by...
Why You Need Service Line Coverage
Friday, April 3, 2020
Let’s spare a moment for something most of us use every day yet probably take for granted: our service lines. We rely on them for access to water, electricity, gas, Internet connection, and more, but only think about...
Connecticut Launches Small Business Bridge Loans
Friday, April 3, 2020
Gov. Ned Lamont’s Economics Chief David Lehman announced the immediate roll-out of the Connecticut Recovery Bridge Loan Program, which will allow Connecticut small businesses hit the COVID-19 crisis to borrow up to $75,...
Important News On Insurance Premium Payments for Connecticut
Thursday, April 2, 2020
April 2, 2020 Executive order requires 60-day grace period for policyholders unable to pay premiums due to COVID-19 pandemic - As part of Executive Order No. 7S, no insurer may lapse, terminate or otherwise cancel a...
CT Governor Announces 60 Grace Period for Some Insurance Premium Payments
Thursday, April 2, 2020
Gov. Ned Lamont announced that there will be a 60-day grace period for property/casualty, and health insurance policyholders unable to pay their premiums due to the impact of COVID-19. During the grace period, insurance...
Start applying for a Paycheck Protection Program loan Friday, April 3
Thursday, April 2, 2020
Small businesses and sole proprietorships can apply for Small Business Administration loans under the Paycheck Protection Program beginning Friday, April 3, 2020, through existing Small Business Administration lenders....
FEMA Extends Grace Period for Payment of National Flood Insurance Policy Renewals due to COVID-19 Pandemic
Monday, March 30, 2020
The Standard Flood Insurance Policy (SFIP) provides that the term of the policy commences on its inception date and ends on its expiration date. To avoid a lapse or reduction in coverage, a National Flood Insurance...
Are You Covered?
Monday, March 30, 2020
When it comes to protecting the things that matter most to you-your home, your jewelry, your life-it’s important that you consider what types of insurance will cover you best, and you need to know ahead of time the...
What is the Most Common Natural Disaster in the U.S.?
Friday, March 27, 2020
The answer is flooding. If your home sustained damage due to a flood, would you have coverage? You might be thinking-of course I would have coverage. I have a homeowners policy. You aren’t alone in thinking that, but...
Protect Your House When You Rent It Out To Others
Wednesday, March 25, 2020
Renting out your house to others can be lucrative. Millions of people take advantage of various house/apartment sharing services (e.g., Airbnb, HomeAway, FlipKey or MIMDU) each year. These companies match hosts who...