June 29, 2018

Businesses have different risk profile, risk appetite, purchasing habits, and decision making criteria, however several constants in business and industry can help hone a focus on several key insurance coverages for all businesses.

1. You will need to add someone as add...

March 18, 2018

Property policies cover damage or loss to property insured. Preferably at replacement cost... and hopefully with a suspension of coinsurance or any insurance to value provision. 

Important to note:

1. Replacement cost is the cost to reconstruct the insured structure as a...

February 11, 2018

Businesses operations are not confined within the walls of an address, whether it's a home-based business or a large corporation. For this reason, the Commercial General Liability coverage language was drafted to follow the business.  

The standard Insurance Servic...

January 6, 2018

The evolution of business can be held accountable for eroding the effectiveness of legacy insurance policies, like Property and CGL, and is prompting the insurance companies to carve-out whatever coverage remains and create new solutions. Consequently businesses must l...

November 22, 2017

Claims made policies require special attention - many companies spend big money securing insurance only to wind up with no coverage because the coverage and reporting nuances weren't known or properly explained. 

Inherent areas of concern under a claims made s...

October 24, 2017

Insurance for the CPI is overwhelming for both buyers and brokers. It was noted in an International Risk Management Institute article that,

1. Most agents and brokers will need to seek out experienced brokers to navigate the marketplace and provide appropriate...

September 23, 2017

Liability insurance is purchased as protection for the policyholder from third party claims made against the company. What happens when the policyholder agrees to add another unrelated party as additional insured to its policy... and why would anyone agree? Simple answ...

August 17, 2017

Professional liability insurance protects against wrongful acts arising out of services agreed to by the underwriter.  Providing the description is extremely important and should not be a discounted exercise.

Some professional services, particularly those in t...

July 20, 2017

Sounding a bit far-reaching, but every business has a pollution exposure. Sometimes it's jurisdictional... sometimes it's just plain insurance problems. Consider that waste is a pollutant under the ISO Commercial General Liability policy - what happens if you have a du...

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Insurance for the CPI is overwhelming for both buyers and brokers. It was noted in an International Risk Management Institute article that,

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Chemical Process Firms and Their Insurance

October 24, 2017

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