Magazine

The Micro-Businessowners Coverage Form—also known as the Micro-BOP—may be a good and inexpensive answer for your smaller entrepreneurs without commercial property exposures.

​As we head into a new year, there’s no better time to equip producers with foundational insurance industry knowledge and concepts.

A contractor caused a slow leak while remodeling a bathroom and had to remove a large part of their work. What parts of the repair are excluded under the Damage to Your Work exclusion?

A carrier denied a claim for floor damage after a condensation line leaked because of the time period over which the leak occured.

An employee’s purse was stolen when she startled a robber in the middle of a break in. The carrier says the loss is excluded from the business owners policy under the theft exclusion.

An insured is leaving her house in an employer-owned company car and backs into her fence. She files a claim with the business auto policy carrier, but the carrier denies it.

A burst city waterline causes water damage to the common area of a mall, which is insured under a proprietary Special Cause of Loss form. Can the carrier deny coverage based on the water exclusion?

An insured tree removal service rents a power crane mounted on the back of a truck and damages a structure while removing a downed tree. Can the carrier deny the claim based on the Mobile Equipment exclusion?

An agent starts noticing three contractual requirements becoming more common for their contractor clients. How should they handle them?

Due to clogged drains, rain gets in through a vehicle’s closed sunroof, damaging the interior. Can the carrier deny the claim based on wear and tear?