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.
Beazley’s new professional liability policy for architects & engineers provides first- and third-party cyber liability coverage, including access to data breach response services from an in-house team.
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.
For the first time in 20 months, average commercial insurance rates measured a slight increase, according to the now quarterly MarketScout pricing survey.
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.
No one wants to look foolish in a professional setting. But a number of foolhardy practices result in real-life errors & omissions claims against insurance agents.
The frustrations of buying insurance for their startup sparked the next venture for entrepreneurs Benji Markoff and Mark Davis. Joined by lawyer Carl Niedbala, the trio of insurance novices co-founded a brokerage that specializes in new ventures.
Because each segment of the security industry faces a unique set of exposures, The Mechanic Group focuses on developing insurance risks that tackle the full set of today’s complex and challenging security risks.
An agent’s insured holds a tax lien or tax deed on several homes, and is looking for coverage. Will any carrier write this risk?
Although agents work hard to avoid facing errors & omissions claims, many are not aware of potential issues that can arise when handling bonds. Here are some common surety-related missteps that can create E&O exposures—and how to avoid them.
