Commercial Lines

E&O Risks When Insuring the Cannabis Industry

Like any other business, marijuana growers and distributors need insurance coverage. But growing, distributing and possessing marijuana is a still a crime under federal law.

Wind/Hail Deductible Program Protects Small Businesses

Hail is a major threat for property owners and businesses in coastal states and regions with high storm risk. Program Brokerage Corporation responds with a new wind and hail deductible buy-down insurance program.

Employee Credit Card Usage: What Counts as Theft?

An insured’s employee uses a corporate credit card for gambling and personal items. The insured has crime coverage, but the carrier denies the claim on the basis that the employee used a credit card.

An End in Sight for the Soft Market?

For the first time in 20 months, average commercial insurance rates measured a slight increase, according to the now quarterly MarketScout pricing survey.

My Trip to London: An Insurance Geek’s Paradise

Chris Boggs, executive director of the Big “I” Virtual University, recently headed to London to accept an award, making stops at Lloyd’s and other insurance-related destinations along the way.

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