williamjones

The nonprofit owns buildings, has tenants and collects donations. Donations appear on the nonprofit’s profit and loss statement and therefore impact the profits.

Nancy Germond, Big “I” executive director of risk management and education, is a second-generation insurance professional who has written scores of risk-management articles and a book on workers compensation.

Accurate property valuations are essential, yet companies often unknowingly underreport the value of their property assets, potentially leaving them underinsured.

Insured event triggers include impairment, government recall, malicious product tampering and product extortion.

For independent insurance agents, capturing the underserved life insurance market of young consumers and keeping apprised of their needs can open up opportunities.

Experts answer the most frequently asked questions by brokers about prescription drug plans.

The increase in catastrophic events and higher loss ratios has the potential to significantly impact agencies’ profit sharing, revenue, carrier appointments and other valuation factors.

The DP3 surplus lines product can cover a wide range of dwelling types, including primary residences, secondary homes, rental properties and seasonal homes.

Almost all American seniors take at least one prescription drug, and one-third take three or more. Brokers can help seniors get the most out of their prescription drug plan. 

After trees fell on an insured’s roof during a windstorm, the carrier is limiting payment to remove the trees from the roof to the $1,000 sublimit under Section 1—Additional Property Coverages for Debris Removal.