williamjones

Wildfires are a wide-reaching risk that occur with little warning. The more homeowners understand about the claims process, the easier it tends to be.

Discover cost-saving strategies, value-added services and effective cross-selling tips to help ensure client satisfaction.

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.

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.

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.