Specialty

A packing and crating company occasionally moves specialty items. Does its business auto policy exclude property damage to others in the process of loading or unloading?

The policy offers coverage limits up to $5 million per location, as well as options covering additional activities modern warehouse operations encounter, including the handling, repacking and processing of stored goods.

With adverse impacts from social inflation, litigation funding and heightened safety expectations, the public entities insurance market is in a hard market with increased premiums and reduced limits.

From escalating property premiums to increasing liability costs, social inflation and litigation funding, public entities have to continually refine how they manage their unique exposures.

If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.

“The core value of lending a helping hand and never being too busy to help a producer … is everything I want in a mentor, especially as a guy that didn’t go to school for insurance,” says young agent Jackson Doyle.

A commercial insured needs to coordinate between a business auto policy and an inland marine policy to cover a a water well drill rig permanently mounted on a Peterbilt truck.

Key highlights include flexible policy options and a multitude of deductible and coverage options, many of which are unique to boaters.

Cannabis operators are facing increasing operational costs and liability risks and are looking to cut costs wherever they can.

Challenges persist for the cannabis industry due to changes in the regulatory landscape, an increase in product recalls, increasing premiums and industry consolidation.