“In the hard market, people from an older generation come with knowledge of good times and times when they’ve been through a hard market and come back out of it,” says independent agent Maggie Landry. “That’s always nice to hear about because sometimes, y
Although project contracts and insurance coverage offer essential protection, independent agents should encourage architects and engineers to remain vigilant with risk management and training to protect themselves from a volatile claims environment.
Sertis’ focus is on multifamily garden-style apartments with coverages including package, monoline general liability and monoline property with equipment breakdown.
As the equine industry continues to thrive through increased horse ownership and an expanding equestrian sports market, agents can offer the benefit of their knowledge of equine-related risks.
The landlord, the tenant and the general contractor mistakenly believe the contractor’s additional insured endorsements are triggered by the lease agreement.
“The accessibility of buying insurance online is becoming so great that the convenience of doing insurance without an agent is an issue that will probably come up a lot more,” says young agent Megan Kempf. “I think it’s creating problems for people who sh
“It meant everything to me to know that I had mentors who believed in me and told me that I could achieve whatever I wanted to do, as long as I was taking the right steps,” says young agent Nnamdi Anene.
With the current record high valuation levels—and if the Federal Reserve lowers interest rates—deal activity is about to accelerate, so buckle your seatbelt.
From inadequate coverage to unexpected costs and lawsuits, the risks of misclassification are real and can have a lasting impact.
“There is a growing focus on sustainability and green building practices in the construction industry, which can impact insurance requirements and the coverage needed,” says independent agent Jase Riggs.