Builders Risk: 3 Important Definitions That Vary By Policy
When providing a client with a builders risk policy, it’s important to read the coverage forms carefully. Here are three crucial builders risk definitions that vary by policy.
Commercial Lines
Berkley Design Professional Offers Per-Project Primary Limits for A&Es
The new structure provides a dedicated limit for every project a firm works on after the retroactive date specified in the professional liability policy—even if the policy aggregate limit is exhausted after a claim.
Depth Perception: The Advantages of Commercial Lines Specialization
More agencies are looking to specialization as a strategy for commercial lines success.
Corrections Center: 2018 P-C Market Forecast
Your commercial lines clients need to brace for a market correction in 2018.
Look Smarter: Where to Find a Commercial Niche
About half of agencies currently specialize in a market like construction and contractors, restaurants or ag. Here are three ways to start developing your niche.
What to Expect from Builders Risk as Construction Market Booms
The U.S. construction industry generates nearly $1 trillion worth of structures each year—and that translates to big opportunities for your builders risk insurance book in 2018.
From the Front Lines: Builders Risk
Independent agent Shelli Lucus-Kennedy comes from a family of developers. “I speak builder,” she says—and that has helped her carve out a significant niche in the construction industry over the course of her 40-year insurance career.
Contractors, Breach of Contract and Claims: Is This Language OK?
A contractor is being required to sign a contract containing the following wording: “General Liability and Auto Liability policies shall contain a provision that any breach by Contractor of any warranty, covenant, or representation in any of the policies
A Happy Distribution Force Equals Increased Carrier Profitability
Independent agents represent a “significant growth engine” for insurers that understand how to build strong relationships with their distribution force, according to a new J.D. Power study. But there is room for improvement in the agent-carrier relationsh
4 Ways to Succeed in Liquor Liability
Understanding dram shop law in every state where you have a liquor liability client is crucial to succeeding in this market. But that’s not all it takes.
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