| Welcome to Fall!
This is the fourth issue of the Johnsonese Brokerage Small Business Insurance Newsletter. The goal of our quarterly newsletter is to provide useful information about insurance to independent creative businesses.
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Popularity of Pop-up Stores Continues into 2010 Holiday Season | |
 Build-A-Bear Workshop announced recently that it plans to open 10 temporary pop-up stores for the holiday season, starting this month. This followed a Toys "R" Us announcement of plans to open 600 temporary stores in malls and shopping centers for the 2010 holiday season. Toys "R" US will also open another 10 temporary stores featuring its high-end FAO Schwarz brand.
Carson Pirie Scott and Calvin Klein recently opened a pop-up shop in Chicago's River North neighborhood, a first for both companies. The 1,600 square-foot store is intended to remain open for only seven days and showcase Calvin Klein's fall collection of sportswear, dresses, jeans, underwear and accessories.
Further, Borders Group Inc. plans 25 temporary stores nationwide.
-St. Louis Business Journal, September 17, 2010
-Chicago Breaking Business, September 28, 2010
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Our Continuing Series: Unpredictable Business Lawsuits |
Though her own lawyer admits it's akin to "suing Santa Claus," a 75-year-old woman has filed a lawsuit against the Philadelphia Phillies' mascot (the "Phillie Phanatic") in civil court. She says the Phanatic caused a few injuries during a run-in at a minor league game in 2008 and she's seeking in excess of $50,000 in damages.
The plaintiff claims that she was at a minor league baseball game with her church group when the massive, green, bird-anteater hybrid climbed through the stands and onto her legs. It set off the arthritic process, and in fairly short order she needed a lot of medical treatment. Ultimately, she needed to get knee replacements.
The Philadelphia Daily News reports that the Phanatic has been successfully sued on three previous occasions, including an instance where one man was awarded $2.5 million after claiming he was injured by a Phanatic bear-hug at the opening of a paint store in 1994.
-Yahoo Sports, June 30, 2010
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Firefighter Dies Battling Restaurant Grease Fire in Chicago |
A 31-year-old Chicago firefighter died after falling from a ladder while responding to a fire at a downtown restaurant. Fire officials say the firefighter was carrying about 75 pounds of equipment when he fell about 35 feet while responding to a grease-chute fire at Avec Restaurant on August 9th.
The restaurant remains closed. Restaurant management has secured three of the five permits needed to make repairs to the roof and other alterations.
The restaurant's interior was undamaged in the fire, and management hopes to re-open by mid-October.
-Crain's Chicago Business, August 09 & September 23, 2010
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California Store Pays $550,000 Fine for Discouraging Workers Comp Claims |
An investigation determined that managers at a California grocery store regularly suggested that employees turn to their own health insurance for work-related injuries rather than filing workers comp claims. Nearly all states require that employers provide worker comp insurance to cover work-related injuries and diseases.
The store agreed to pay $550,000 in fines and investigation costs, plus $30,000 to an education fund, plus potentially an additional $150,000 for any violations within the next five years.
It is important to know your responsibilities under workers comp laws in your state.
-Compensation Management News, July 20, 2010 |
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At the Johnsonese Brokerage it is always our goal to reduce your insurance costs! To get started immediately call 773.857.0242 or Email info@johnsonese.com.
Christopher Johnson
Johnsonese Brokerage LLC
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About the Johnsonese Brokerage | The Johnsonese Brokerage LLC is a licensed and bonded independent insurance agency focused on insuring creative businesses.
Who we insure:
- Advertising Agencies
- Architects & Interior Designers
- Boutiques
- Event Planners
- Fashion Designers
- Florists
- Furniture & Design Dealers
- Graphics Designers
- Hair & Nail Salons
- Musical Instrument Dealers
- Pop-up Stores/ Gorilla Retail
- Publishers
- Restaurants
- Specialty Retail
- Special Events
- Spas
- Tailors
- Travel Agencies
- Wedding Planners
We are licensed in the following states:
- California (license #0G69323)
- Florida
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- Ohio
- Pennsylvania
- Texas
- Wisconsin
We are members of the following business organizations:
- Chicago Area Gay & Lesbian Chamber of Commerce
- Independent Insurance Agents & Brokers of America
- Local First Chicago
- River North Business Association
- Wicker Park Bucktown Chamber of Commerce
is always welcome! |
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Common Insurance Terms
1. EPLI
Employment Practices Liability Insurance; coverage for employers' losses relating to wrongful termination, discrimination, sexual harassment and similar employee claims
2. HNOA
Hired/Non-Owned Auto; coverage for vehicles that are rented or borrowed, but not owned, by the business
3. SIR
Self-Insured Retention; similar to a deductible, it is the portion of a loss that is paid by the insured
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We Now Represent The Hartford!
We have a new appointment with Hartford insurance. Hartford is an 'A' rated carrier that has been in business for over 200 years. We look forward to offering Hartford products to new and old clients alike!
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New Team Member
We are please to welcome a new team member this month. Kate Migon has joined the Johnsonese Brokerage as an agent. She will help us serve our clients even better in the coming months.
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| Our Business Partners
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AmWins
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AXA
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Chubb
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CNA
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Hartford
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Insurance Noodle
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Markel
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Paychex
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Philadelphia
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Risk Placement Services
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