Choosing Not to Rebuild a Property after a Loss
What type of coverage is an insured entitled to if they don’t want to rebuild a commercial property after a loss?
What type of coverage is an insured entitled to if they don’t want to rebuild a commercial property after a loss?
In a soft market where competition is fierce, adding value beyond price can be easier said than done. Here are three strategies for building stronger relationships with your surety prospects and clients.
The underwriters at K&K noticed an uptick in requests for eSports coverage over the past year. And given the company’s experience in events coverage, K&K brings important relevant coverage options to the table.
A homeowner is working with a general contractor on building a new a house. The builder requests that the homeowner act as the general contractor of record. What are the risks for the homeowner in this case?
What many contractors don’t understand is that a surety bond doesn’t protect the contractor. It protects the project owner from loss by the surety if the contractor fails to fulfill their obligations.
Independent agent Frances Blanks started her agency when the chief judge of the county probate court asked her for help. “I put everything together—the companies, space and everything necessary to run a business,” she says.
Until now, the only insurance option for a materials transparency consultant was a miscellaneous professional liability policy.
What does an insured give up if they opt out of both workers compensation and employers liability coverage?
Would an endorsement need to be added to an umbrella policy to prove that it includes primary and noncontributory provisions?
Small businesses come in many different shapes and sizes, and their coverage needs can vary wildly—which often renders multipurpose products insufficient.