Posts Tagged ‘Rhode Island’

Landscaper Insurance???

January 25th, 2011 by Iris | Comments Off | Filed in business insurance, insurance news

Okay, we know there is insurance out there for almost everything. I mean, just last Christmas we learned that you can get insurance in case you fall out of a sleigh. But a lawmaker in Rhode Island has recently filed a bill that would require landscapers to register with the state and carry at least $100,000 in public liability and property damage insurance.

The bill was sponsored the earlier this week by Rhode Island state Senator John J. Tassoni, Jr. (D-Smithfield) who says that the point of it is to “level the playing field” between reputable, upstanding landscaping companies and “fly-by-night” companies that don’t pay taxes. He also claims that since the latter sort of landscaper has no overhead they have a big advantage.

Tassoni also said his state is losing a lot of revenue from income and sales taxes.

A spokeswoman for a taxpayer and business advocacy group known as the Rhode Island Statewide Coalition said that she was concerned that smaller landscaping businesses could be hurt by the bill’s requirements.

What I want to know is, what are they defining as a “landscaping business?” Will the teenager who mows someone’s lawn for $20 have to find the cash to buy $100,000 in insurance if this bill passes?

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Lead-based Paint Manufacturers in Rhode Island Sue to Recover Costs

July 21st, 2010 by Iris | Comments Off | Filed in homeowners insurance, insurance news

After Rhode Island Superior Court Judge Michael Silverstein ruled, last May, that the state was not required to repay them, companies that sold lead-based paint have appealed the decision.

The paint manufacturers argued that they were due reimbursement because in 2008 the state Supreme Court had ruled in their favor, reversing a landmark verdict that may have cost them billions of dollars.

On Friday, a notice of appeal by the three companies that had won the original case, Millennium Holdings LLC, NL Industries Inc., and Sherwin-Williams Co. Three other companies that had been sued for the same infraction – selling lead based paint – but never went to trial, joined in the appeal.

Charles Moellenberg, the lawyer for Sherwin-Williams, said that Rhode Island rules allow winning sides of a lawsuit to recover costs, and that there should be no difference with this case.

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