October 30, 2018

The Marine Industry’s Foreign Trade Zone

by Danielle J. Butler, Managing Partner of Luxury Law Group

Marine Industry Association of South Florida (“MIASF”) Foreign Trade Zone (FTZ) Subzone is the first ever foreign trade subzone for the pleasure vessel industry in the United States.  FTZ restricted-access sites are shielded from the immediate imposition of duties by U.S. Customs, and are empowered to defer, reduce, or eliminate them on foreign products. The facilities and companies approved will be considered to be outside the U.S. Customs territory, and as such, can defer, reduce, or eliminate Customs duties on foreign products.

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It’s Fueling Season: What to Do If You See an Oily Sheen In or Around Your Marina

by Vincent M. Falcigno, CLU, CIC, Gowrie Group Commercial and Environmental Insurance Specialist

One of Gowrie Group’s core principles is to help our marine industry clients and partners manage and mitigate their exposures to risk. In the marine trades segment, understanding your environmental responsibilities and the financial consequences of releases of petroleum or hazardous substances into navigable waters, or to adjoining shorelines, is critically important.

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NMMA Update on the 2018 Midterm Elections

by National Marine Manufacturers Association

The 2018 midterm elections are less than two weeks away, and control of the U.S. House of Representatives, U.S. Senate, and critical states’ governorships are hanging in the balance. With the campaign season entering its final days and the 2019 political landscape becoming clearer, NMMA is providing summaries of the Cook Political Report’s breakdowns for federal and state level elections.

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A Reason Many Salespeople Fail and How to Avoid It

by John Chapin

In a recent article by friend and colleague John Brubaker (CoachBru.com), he stated that, “According to a U.S. Department of Commerce research study, in the first five years of a business the survival rate for independent small businesses is less than 20% but the survival rate for franchises is 95%.”

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Member News 

Gowrie Group Secures Top Rankings Nationally and in Connecticut
Gowrie Group is honored to report that the company is not only part of the Top-50 in Insurance Journal’s Annual Top-100 Independent Property/Casualty Insurance Agencies ranking, but also the fourth largest independent agency in New England and the largest independent agency in Connecticut. The list of the Top-100 Independent Property/Casualty Insurance Agencies nationwide is created by Insurance Journal and based on total property/casualty agency revenue. Read more about Gowrie's recognition.

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CPYB Recertification Credit Opportunities

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Continuing education and professional development is essential for Yacht Sales Professionals to perform their job at the highest possible level. Certified Professional Yacht Brokers (CPYB) are required to earn a minimum of 30 credit hours of continuing education / professional development every 3 years. See the upcoming events here. 

Upcoming CPYB Recertification Events:

November 8, 2018

ABYC Bagels & Business Seminar

4 CPYB Recertification Credits

Hornor Maritime Center (ABYC Headquarters), Annapolis, MD

November 15, 2018

YBAA Principals e-Seminar

YachtWorld Updates

3 CPYB Recertification Credits

November 20-21, 2018

Boating BC Conference

10 CPYB Recertification Credits

Pacific Gateway Hotel, Richmond, BC

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