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How to Sell It: Surety

In the wake of the construction recession in 2009, surety clients are in dire need of sound advice and guidance from their insurance agents.

Off-Premise Business Interruption Coverage: ISO Fills in the Holes

If a food truck is damaged by a covered peril at the described premises of a catering service, the resulting loss of income can be covered by two different business income coverage forms. But if a food truck is damaged away from the premises, ISO has neve

How to Decipher Deductibles and Sublimits

After a burglary, an agent’s client suffered significant damage to the home, including losing a safe containing jewelry, money and guns. Together, the jewelry and money alone were worth more than $88,000—but the client received only $1,200 from the insure

Foster Parent Liability Risks: The Role of the Agent

According to the U.S. Department of Health and Human Services Administration, approximately 407,000 children have been placed in the foster care system in the United States. Society encourages becoming a foster parent, but in the midst of meeting the nume

Liquor Liability Coverage Changes under New ISO Forms

ISO has revised its commercial general liability forms and endorsements, including making changes to coverage for liquor liability. Some changes result in a narrowing of coverage, which can present an errors & omissions exposure.

Erie Pursues Builders Risk

Regional multilines carrier Erie singles out various builders risk extensions of coverage that are designed to attract new business from agents and brokers. Erie Vice President Christine Lucas cites three all-risk coverage components that come at no addit

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