The True Cost of Deferred Roof Maintenance
What can begin as a relatively small issue on a roof can rapidly escalate into a costly property loss and prolonged business interruption for property owners.
What can begin as a relatively small issue on a roof can rapidly escalate into a costly property loss and prolonged business interruption for property owners.
Commercial lines markets may be stabilizing, but agents who use this period to reset and prepare will be best positioned for what’s ahead.
Local catastrophes caused intense regional volatility, according to Verisk, but overall lower claim volume contributed to the property & casualty industry’s strong first-quarter results.
Parametric insurance has been around for many years, but with increased data granularity and availability, these special policies are now widely available to fill coverage gaps under admitted policies.
A restaurant owner rents a building and has a tenant’s policy for contents and liability. A furnace caught fire and the owner says the tenant is responsible for the damage.
On this episode of Agency Nation Radio, we meet Robert Strachan, President of Strachan Novak Insurance in Twinsburg, Ohio.
While every state saw residential and commercial reconstruction costs increase, premiums for personal auto and homeowners policies show signs of deceleration.
The policy protects the tools, equipment and livelihood of small specialty contractors who focus on service, repair and standard installation work.
Coverage includes property insurance with enhancements covering farm dwellings, outbuildings, equipment, livestock, harvested crops, and more.
As energy reliability, cost volatility and resilience move higher on boardroom agendas, more property owners are bringing their energy supply chain in-house.