Rainbow’s new business owners policy rewards insureds for safe behavior and provides an industry-first pay-as-you-go payment plan option that automatically adjusts to the business’ ups and downs.
For many of the small business owners who have entered the retail cannabis market, ensuring they have the correct type and sufficient levels of insurance coverage may not be top of mind.
An agency is getting regular requests from homeowners associations (HOAs) to list the HOA as an additional insured on its tenants’ renters insurance policies. However, the carriers will only list the HOAs as certificate holders or additional interests.
The insurance industry players who want to thrive in today’s insurance market should adopt InsurTech to improve core functions.
The attack on Change Healthcare underscores key considerations for independent agents when discussing cyber risks with clients.
“In the past, E&O coverage for seed dealers has been very cost-prohibitive,” says independent agent Shelly Turner. “Educating both clients and other agents on the availability of a lower cost, higher coverage option is a big focus.”
As states expand legalization, the demand for cannabis is growing, creating both opportunities and challenges for independent agents to enter the market.
A client is purchasing half of a duplex to rent on a long-term lease. The underwriter says that coverage should be written on an HO3 policy with an endorsement providing coverage for rental to others.
Kevin Ownby, owner of Ownby Insurance Services Inc. in Sevierville, Tennessee, shares his journey into advocacy. This episode is sponsored by the Insurance Marketing and Communications Association (IMCA).
As your company grows, it’s important to understand that as you add employees, the employment regulations your company falls under change as well.
