asd
INDUSTRY EDUCATION Boat and Marine Insurance Owning a boat in Florida is fun, exciting, and rewarding. Believe it or not, heading out on the local water to watch the sunset or go fishing is possible without boat insurance. Boat and marine insurance are not required by law in Florida to be able to own and operate a boat. However, if you took out a loan and used your boat as collateral on that loan, most lenders will require that you have insurance in the event that damages occur to your boat. If you decide to store your vessel at a marina, you will also be required to have insurance on your boat in case injuries or damages take place. Just because boat and marine insurance is not required in most situations does not mean that you shouldn’t carry it. If your boat is worth more than $1,000, we highly urge you to carry coverage. Usually, coverage for vessels is limited to about $1,000 and will only be applicable for certain types of damages to your boat.
THANKS, BUD!
Baseball’s Former Commissioner and Streaming TV
You don’t become America’s national pastime without learning how to adapt — and Major League Baseball (MLB) made the ultimate pivot. This October, MLB’s biggest stars and teams with the most wins all-time will take the field for the 2021 playoffs. The winners will be crowned champions of the world, but the league these champs call home already own an equally prestigious title: the founders of streaming services. Their legendary reign started back in the early 2000s, when former MLB commissioner Bud Selig asked every team in the league to contribute $4 million for the creation of Baseball Advanced Media (BAM). At that time, the dot-com bubble had yet to burst, and Selig wanted America’s once favorite sport to “keep up with the times,” so to speak. BAM created a website for each team, but it soon took on other qualities that gave it an edge. The Hustle reports that BAM offered online video, multidevice watching services, and a large data and broadband structure before other major platforms even existed. BAM soon became such a smashing success that it turned into BAMTech and started creating platforms for other popular sports leagues like World Wrestling Entertainment (WWE) and the National Hockey League (NHL). (It even assisted HBO!) In 2017, one of the biggest players in movies, Disney, invested in BAMTech, claiming a majority stake, and began its transition into streaming services. Soon after, as The Hustle reported in July 2021, Disney+ announced a streaming platform with features similar to that of Netflix and BAM. In March 2021, Disney+ hit more than 100 million users, making it a powerhouse in streaming — all created because of BAMTech. Today, BAM and BAMTech are credited with being on the forefront of streaming services, and they continue to hold a power position over streaming and within entertainment companies. "Media companies are not good at tech and really struggle with large scale," says investment analyst Rich Greenfield at The Verge. "They don’t trust companies like Google or Amazon, who want to displace them. BAM is seen as friendly."
Vermost Insurance NOW has a relationship with Chuck Chucri, who offers Financial
Planning & Investment
Did You Know ...
Advisory Services.
2 |
1200 Belcher Rd. S., Suite 1
Largo, FL 33771-3315
Phone: (727) 748-2886
Made with FlippingBook Digital Proposal Creator