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It is not easy to sue the officers and directors of a business organization. You may believe in your product, but you know enough about human nature that you do not want to be personally liable if something goes wrong. You form a corporation — or a limited liability partnership or another form of business organization — to protect yourself and your family. The company is liable for any losses. The directors, officers, shareholders or members are off the hook.

In our January series about understanding insurance policies, we focused on homeowners insurance and threw in a little auto coverage now and then. Our reasoning was simple: More people are likely to have a claim under one of these policies than their other non-health insurance policies. Start big, then narrow your scope: When you know what to look for in a homeowners policy, chances are good you will be able to find the important information in any other policy.

You have homeowner’s insurance on your property to help pay for the unexpected. When your home is damaged, you would assume your insurance provider would help pay for at least some the expenses associated with the damages and repairs.

In 2012, Hurricane Sandy raged across the east coast. Although the storm hit some areas harder than it did others, it caused property damage from Florida to Maine. The damage resulted in 144,000 claims filed with insurance companies contracted by the National Flood Insurance Program.

In October 2010, Slate published an article online about payday lenders and a particularly egregious practice — one that went beyond the outrageous interest rates and failure to disclose fees. It all started with a site that promised to match borrowers with payday lenders.

We often talk about insurance being a highly regulated industry, but we wonder if we have explained just how far those regulations go. The state must approve rates and forms, for example, but the state also lays out rules for how agencies, brokers and insurers deal with their customers.

When it comes to unfair trade practices in the insurance industry, we don’t need the statute to figure a few of them out. Misrepresenting benefits, overcharging for coverage and underpaying claims — better known as lying, cheating and stealing — are universally acknowledged to be unfair trade practices. Yes, brokers and agents may try to justify the half-truth, and insurance companies may engage in advertising puffery, but, really, the lines are clearly drawn for those three misdeeds.

We are continuing our discussion of sinkholes and the difference between New Jersey and Florida. New Jersey has, as we said, had a rash of sinkholes appear; one swallowed a snow plow. Florida, of course, has its own Sinkhole Alley — Pasco, Hillsborough and Hernando counties — and a reputation to maintain.

We are going to pause in our discussion of sinkholes in New Jersey to explain who Henny Youngman was. We realize that our baby boomer is showing around the edges.

If the Northeast is going to share its weather with Florida, perhaps it is only fair that we share something with those states. New Jersey, in particular, has been learning about the dangers of sinkholes.