From the Front Lines: Excess & Surplus | | https://www.iamagazine.com/markets/from-the-front-lines-excess-surplus_Nurnie | From the Front Lines: Excess & Surplus | "People are always looking for better opportunities and the constant changes in underwriting guidelines," says independent agent Rajan Nurnie. "An improvement I have seen is that it used to take up to two weeks to get a quote back, and now it takes just a day or two." | 9/25/2023 10:10:00 AM | Commercial Lines | Commercial Lines | Markets | Olivia Overman | | |
8 Tips to Help Life Science Businesses Prevent Product Shortages | | https://www.iamagazine.com/markets/8-tips-to-help-life-science-businesses-prevent-product-shortages | 8 Tips to Help Life Science Businesses Prevent Product Shortages | As life science businesses prepare for another flu season, and as COVID-19 cases increase, now is the time to encourage clients to take measures against product shortages. | 9/18/2023 10:05:00 AM | Product Liability | Commercial Lines
Product Liability | Markets | Brad John and Marcos Perez | | |
Business Interruption: Special Form vs. Specified Causes of Loss | | https://www.iamagazine.com/strategies/business-interruption-special-form-vs-specified-causes-of-loss | Business Interruption: Special Form vs. Specified Causes of Loss | A client suffered a business income loss due to loss of internet and phone services. The service provider didn't respond to inquiries for the reason of the loss of services, so the carrier denied the claim because it was unable to confirm the cause of loss. | 9/15/2023 4:00:00 AM | Commercial Lines | Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |
Going Out of Business: Returning the Premium on a Cancelled Commercial Policy | | https://www.iamagazine.com/strategies/going-out-of-business-returning-the-premium-on-a-cancelled-commercial-policy | Going Out of Business: Returning the Premium on a Cancelled Commercial Policy | The agency sent the return premium check to the first named insured but was informed the entity has dissolved and was requested to send the check to an individual. | 9/1/2023 4:00:00 AM | Commercial Lines | Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |
How Reinsurance Rates Are Contributing to the Hard Market | | https://www.iamagazine.com/markets/how-reinsurance-rates-are-contributing-to-the-hard-market | How Reinsurance Rates Are Contributing to the Hard Market | After more than a decade of soft reinsurance rates, conditions changed considerably, with reinsurance rates increasing for catastrophe-prone property and specialty lines of business. | 8/28/2023 10:20:00 AM | Commercial Lines | Commercial Lines
Personal Lines | Markets | Olivia Overman | | |
Lease Purchase Agreement: How to Protect Tenant’s Insurable Interest in Building | | https://www.iamagazine.com/strategies/lease-purchase-agreement-how-to-protect-tenant-s-insurable-interest-in-building | Lease Purchase Agreement: How to Protect Tenant’s Insurable Interest in Building | A commercial insured that rents a building has a sales installment to buy the building from the landlord. The landlord maintains the title of the building and carries building insurance, with no coverage for the tenant. | 8/25/2023 4:00:00 AM | Commercial Lines | Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |