On April 27, 2019, Policy Processor and Receptionist, Chris Johnston ran a 5K in The Color Run to benefit Developmental Disabilities of Clark County. Little did she know that it would be 32 degrees and a cross country type course, but she did it and came in 10th place in her age group!
Myles Trempe Quoted by U.S. Chamber of Commerce on Professional Liability Insurance
Producer Myles Trempe was interviewed by the U.S. Chamber of Commerce for the article “Everything You Need to Know About Professional Liability Insurance.” There are several types of insurance policies that small business owners should have in place, and for many businesses, professional liability insurance should be at the top of the list.
Regarding the cost of professional liability insurance, the article noted that many small business owners often assume that professional liability coverage is not affordable, but if you’re not in a risky profession such as a doctor or lawyer, a policy is relatively inexpensive.
Myles commented, “Professional liability coverage can be purchased as an endorsement to your business owner’s policy or as a separate policy unto itself.”
Be forewarned, however: Professional liability insurance doesn’t shield you from every possible scenario.
If you have questions about professional liability insurance, please contact Wallace & Turner Insurance at (937) 324-8492 or info@wtins.com.
Patrick Field Recognized with the United Way President's Award for Contributions to the Organization
Congratulations to the recipients of the 2018 United Way Awards, including our very own Patrick Field! Patrick received the President’s Award for his outstanding volunteer involvement with United Way.
According to United Way: “To know Patrick Field is to know that he is nothing but honest and truthful in offering support. And there is absolutely no doubt that he loves Springfield and works tirelessly to make our town better. He is a friend to many in this community and United Way is certainly no exception. Patrick is a connector, relationship-builder and never hesitates to help United Way connect with other leaders and businesses in both Clark and Champaign County. His keen insight into nonprofits often leads to new messaging to better reach donors. Patrick is a partner with Wallace & Turner, and he also owns the Coppertop Restaurant in Urbana, Ohio. which is listed as part of our Club 52 Card. Through Patrick’s leadership and generosity our United Way continues to move forward serving our three counties.”
Wallace & Turner was also recognized as a partner who believes in United Way and “Lives United.” We are proud of our contributions that help many organizations throughout Clark, Champaign and Madison Counties.
Fundera Turns to P.J. Miller for Insights on Business Interruption Insurance Coverage
P.J. Miller
Partner P.J. Miller was interviewed by Fundera for the article “Business Interruption Insurance: What It Covers and Where to Get It” and discussed business interruption insurance coverage for online and in-home businesses.
Business interruption insurance is a very specific type of coverage designed to keep a business on its feet when it’s recovering from a disaster or unexpected situation. Business interruption insurance covers lost income and operating expenses when a disaster forces a business to slow operations or temporarily close down. Coverage can be purchased as part of a business owner’s policy or added on to a commercial property policy.
If you have a brick-and-mortar business, you’re most in need of business interruption insurance because you heavily depend on your store and the physical assets inside it. If you need to close down a portion or all of your shop, you clearly lose potential customers. Home-based and online business owners have less of a need for business interruption insurance, but should still consider their situation. Most homeowners policies won’t cover lost business income. And although online businesses might have their own physical assets, business interruption insurance can still help if a supplier in your supply chain is affected by a disaster.
According to P.J. Miller, partner, vice president and chairman of the board at Wallace & Turner Insurance, “Online and, to a lesser degree, in-home businesses could actually be dependent on off-premises, non-owned locations being insured, whether it’s a storage unit or out of state from a company that supplies or ships the goods you’re selling. There’s business interruption insurance if, for example, your loss is due to the fire that destroyed the warehouse/manufacturing plant that is possibly your sole supplier.”
If you have questions regarding business interruption insurance, please contact Wallace & Turner Insurance at (937) 324-8492 or info@wtins.com.
Meet Wile E - WT's Newest "Employee"!
Congrats to Partner Patrick Field on winning Wile E at the Catholic Central Emerald Evening Gala Auction!
Wallace & Turner Wears Yellow in Honor of Trisomy Awareness Month
March is Trisomy Awareness Month and more specifically, today is Trisomy 13 day, so today Wallace & Turner is wearing yellow in honor of those who have been touched by this disorder. Trisomy is a genetic disorder in which a third chromosome is present in one of the genetic pairs.
Wallace & Turner has been personally touched by the disorder as Lisa Miller’s cousin, Donald Hutzler’s 10 month old granddaughter has Trisomy 13 and Emily Dinnen lost a sister, Allison, to Trisomy 18.
To learn more about Trisomy and to see Arianna’s battle and story, click below.
https://www.gofundme.com/3typ65-team-ari
https://cedarrapids.citymomsblog.com/struggles/trisomy-awareness-celebrating-atypical-kids-moms/
Leadership Clark County Ohio’s Art of the Cocktail Mardi Gras Celebration!
We had a great time at Leadership Clark County Ohio’s Art of the Cocktail Mardi Gras celebration! Thanks to Seasons Bistro and Grille for hosting!
Wallace & Turner Continues Support of Second Harvest Food Bank
Wallace & Turner was thrilled to support this wonderful cause hosted by Second Harvest Food Bank.
The 8th Annual Empty Bowls fundraiser offered beautiful handcrafted bowls with attendees enjoying local soup and bread while reducing food insecurity in the community.
Congratulations to Marcie Ober on Her Retirement!
Please join us in congratulating Marcie Ober, Personal Lines Account Manager, on her retirement! Thank you for 17 years with Wallace & Turner!
We will miss her...
*"Work horse" ethic - Give her a project and she’d have it done by the end of the day or it would drive her crazy. 😀
*Management of all Cincinnati processing.
*Invoicing complicated accounts.
*Telling us about all the sales at Christopher Banks.
*And all of the many Marcie-isms, like singing the last refrain of the birthday song, and too many more to count!
Most of all, we’ll miss Marcie's smile, laugh and dedication to Wallace & Turner.
P.J. Miller Comments on Holiday Light Display Liability Concerns
Partner P.J. Miller was quoted in the Best’s Review article “Winter Wonderland” discussing the host of liabilities that home and public holiday light displays can create for insurers, including fires, injuries and distracted-driver accidents.
“Light display-related losses are typically covered under business, auto or homeowners’ policies,” said P.J. “A standard homeowner’s policy, for instance, typically provides about $1,000 of medical payments coverage for injuries, regardless if the homeowner was negligent or not.”
Public light display organizers now face some new concerns, including elaborate computer systems, drones and laser lights.
P.J. added: “Misdirected laser lights could temporarily blind visitors as they drive through a display, or homeowners may fly drones above their homes or neighborhoods. This creates new risks and additional investigation requirements for agents and brokers, who now are tasked with assessing if drone operators are certified and follow FAA guidelines, determining how high a drone is flying and ensuring computer networks aren't at risk for potential cyber hacks. That's where having risk mitigation procedures and a full risk assessment to minimize potential hazards can help.”
Wallace & Turner Supports Project Woman's 2018 DIVA Night Out
2018 United Way "Bags & Brews"
Congrats to United Way on a fun, successful Bags & Brews event! Thanks to Mother Stewart's Brewing for hosting.
Meet Remington - Our New Furry Staff Member
Excited to welcome our furry office staff member, Remington (“Remi”)! Congrats to Stephanie Geis on her new family member 🐶
Keep Your Business Safe with Cyber Risk Insurance
Cyber crime is growing at an alarming rate and can result in major fines and legal fees. Do you know the cyber risks to your company and if your data is secure? Dorian Hunter explains why you need to consider Cyber & Data Liability Insurance.
Wallace & Turner Participates in Tour de Biz 2018!
Each year, the Springfield City Youth Mission hosts “Tour de Biz,” an Amazing Race-style field trip through its Biz Basic$ Entrepreneur program to teach students how to start and run their own small businesses, sell products, handle personal finances and earn money. Seen in the photos are Partner P.J. Miller and Producer Myles Trempe with the Biz Basic$ kids. 2018 was full of new experiences, handshakes, conference rooms, hands-on challenges and lots of fun!
Partner Patrick Field Honored with Clark State Community College's Founder’s Award
Wallace & Turner Partner Patrick Field
Longtime Clark State Community College supporter and advocate for education, Patrick Field, was presented with Clark State’s Founder’s Award at the 25th Anniversary Circle of Friends Gala on September 29, 2018. The Clark State Circle of Friends created the Founder’s Award in 2004 to recognize and honor individuals and organizations who have contributed significantly to the success and sustainability of the Performing Arts Center.
Patrick is a partner at Wallace and Turner Insurance and owner of Coppertop Restaurant in Urbana. He has also been a supporter and mentor for the Champion City Scholars program since the inception of the program and initiated the start-up of the Champaign County Scholars program which welcomed its first class this school year.
“I am incredibly humbled,” said Patrick. “My relationship with the PAC goes back to day one. My dad was on the Clark State Board of Trustees at the time. I distinctly remember opening night and praying for the paint to dry in time.”
Field’s father, John Field, received the Founder’s Award in 2006. “As a son, I don’t know if there is anything better you can do than look through the list of names and see your father’s name and know how proud you were of him and what it meant to him,” he said.
Field said just to have his name associated with the list of Founder’s Award recipients is an incredible honor. “A lot of those people made a lot of things possible at the PAC and in Springfield,” he said. “Growing up with my dad on the Board…I consider the entity of Clark State a friend.”
Field’s passion for education has led him to support numerous students and schools in the community, in addition to Clark State. He hopes to see the Scholars program expanded to more schools and students in the area.
“Arts to me is a rounding piece of education,” said Field. “Education creates opportunities, the arts enhance those opportunities and create a better person. I believe the greatest out-of-the-box thinkers were somehow connected to the arts. If I had to define Clark State, they are building better people by creating better opportunities.”
Wallace & Turner Welcomes Chris Johnston, Receptionist & Policy Processing
Client Spotlight: Opportunities for Individual Change (OIC)
Wallace & Turner’s Dorian Hunter sits down with Mike Calabrese, Executive Director of Opportunities for Individual Change (OIC) of Clark County, to discuss how the organization is making an impact in the community. OIC provides services designed to eliminate poverty, unemployment and illiteracy in Clark County, Ohio.
