Clarke & Sampson Blog

Strategies for Controlling Workers' Comp Claims

Posted by Matt Stephens

Aug 18, 2016 12:40:34 PM

Workers' compensation is one of the only lines of insurance that is a controllable expense. By initiating best practices, safety manuals, and risk reduction strategies you can keep your employees safe and your workers' compensation premium at an all time low. 


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Topics: Workers Compensation, Alexandria VA, Arlington VA, Washington DC, Insurance

The Story Your Mod Reveals

Posted by Matt Stephens

Jul 21, 2016 10:49:46 AM

For many employers, workers’ compensation insurance is all about one number—the premium quoted. Understandably, employers want to pay the lowest amount possible on this mandatory coverage. While some brokers try to compete on a low bid, those who do miss the chance to educate employers on how their mod affects their premium, and how lowering their mod through targeted improvements in safety, hiring, return to work and other areas will ultimately improve both their direct and indirect workers’ compensation costs.

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Topics: Workers Compensation, Alexandria VA, Insurance

HO3 vs. HO5 Homeowners Insurance

Posted by Scott Jefferson

Jul 19, 2016 8:42:13 AM

Many homeowners operate under the assumption that all homeowners insurance is created equal. A common notion is that as long as the coverage limits match, a policy or quote comparison is "apples to apples." The reality is that that homeowners policies differ substantially even though they may appear to be identical. One major difference between homeowners policies is whether coverage is provided on a HO3 or HO5 form.





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Topics: Personal Insurance, Historic Home, Alexandria VA, Homeowners Insurance, HO3 vs. HO5

Social Engineering Fraud Coverage

Posted by Matt Stephens

Jun 7, 2016 10:45:10 AM

Social engineering fraud (SEF) is a type of fraud that’s become increasingly common over the last several years. However, even though many instances of this fraud transpire over email communications, it’s a company’s crime policy—not a cyber policy—that would often provide coverage in the event of an SEF loss.

That’s why it’s especially important to understand your crime policy, how it might cover SEF, why it might not, and what endorsements you might want to obtain to make sure SEF doesn’t leave your company exposed.


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Topics: Arlington VA, Washington DC, Alexandria, Cyber Liability

Cyber Security: Social Engineering & Other Online Frauds

Posted by Matt Stephens

May 11, 2016 9:29:20 AM

social_eng.pngWhile computers have improved the speed and efficiency of how we work, they have also allowed thieves and con artists an easier avenue by which to steal from people and businesses. One of the ways these cyber criminals use computers to steal is through online fraud, one of the fastest-growing crimes today.



This picture is an example of what modern day social engineering looks like


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Topics: Alexandria VA, Arlington VA, Washington DC, Insurance, Social Engineering

The Basics of Property Insurance

Posted by Matt Stephens

May 9, 2016 12:31:37 PM

Home_Inventory_Blog.jpgYour livelihood is dependent on the survival of your business, so it is imperative that you protect it against any potential threat—big or small. For instance, a fire could destroy your business’s warehouse and the contents inside, or a burst frozen pipe could damage important documents and valuable papers. Worse, you could have trouble paying your employees during a loss because your funds are devoted to repairing damage.



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Topics: Alexandria VA, Arlington VA, Washington DC, Property Insurance

Umbrella Claim Scenarios

Posted by Matt Stephens

May 6, 2016 11:07:06 AM

The incidents below are recent examples of actual liability claims in excess of a policyholder's primary liability limit. These scenarios represent only a sampling of the types of claims that can occur every day. 

Adequate excess liability limits can help protect you when the unforeseen results in a liability judgment against you. 

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Topics: Claim Scenarios, Alexandria, DC, Umbrella Claims, Arlington, Umbrella Insurance

Personal Umbrella Liability Insurance

Posted by Matt Stephens

May 2, 2016 2:11:54 PM

After a hectic work week, Jim Marshall was looking forward to a relaxing weekend with his wife and kids. He was just a few blocks from home when his cellphone rang. He glanced down to see who was calling. That split-second distraction was all it took for him to miss the approaching stop sign. 






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Topics: Personal Insurance, Alexandria VA, Personal Umbrella, Arlington VA, Washington DC, Virginia

Preventing E-Commerce Fraud

Posted by Matt Stephens

Apr 26, 2016 10:16:28 AM

Conducting business online presents countless opportunities to enhance customer relationships, attract new business and increase revenue. However, without the security of a physical credit card and signature verification, cyber thieves have an advantage and opportunities for fraud. It is up to the e-commerce merchant to apply the right tools and controls to verify cardholder identity and the validity of transactions. With these controls, merchants can reduce fraudulent transactions and the risk of customer disputes.



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Topics: Alexandria VA, Insurance, Ecommerce, Prevention

Handling E-Commerce Risks

Posted by Matt Stephens

Apr 26, 2016 9:55:25 AM



Selling your goods online can enhance customer relationships, attract new customers and increase sales revenue. However, if you are considering expanding your business online, it is important to understand what is required to maximize information security and minimize credit card payment risks. E-commerce sites that have little or no fraud controls in place can experience a chargeback rate of 10 percent or more. It is important to understand the basics of credit fraud before opening up for business online.



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Topics: Alexandria VA, Arlington VA, Insurance, Cyber Liability, E-Commerce