National Section

PURE COO on Mutual Growth, Home and Auto

Martin Hartley, executive vice president and chief operating officer of PURE Group of Insurance Cos., sees ample growth opportunities for mutual carriers despite a soft market. Some of those opportunities are in the form of increasing and measuring customer satisfaction, …

What to Know About Tiny Home Underwriting

One insurer willing to tackle the tiny home market is Foremost Insurance Co., a division of Farmers. Lauri Atkinson, head of Specialty Product Development and Recreational Casualty for Farmers Specialty, said Foremost has been dabbling in tiny homes for a …

Best Practices for Hospitality Business Interruption Recovery

Achieving fair recovery for business interruption losses is often one of the most challenging aspects of resolving commercial property insurance claims. This is especially true for hoteliers and others types of hospitality companies where the amount of income loss can …

Declarations

Cybersecurity Safeguards “These strong, first-in-the-nation protections will help ensure this industry has the necessary safeguards in place in order to protect themselves and the New Yorkers they serve from the serious economic harm caused by these devastating cyber-crimes.” — New …

Homes in Environmental Hazard Zones

Millions of homes and condominiums are in high danger zones for environmental hazards, according to the Environmental Hazards Housing Risk Index, produced by ATTOM Data Solutions. The report showed 17.3 million single family homes and condos with a combined estimated …

MyNewMarkets

Commercial Auto Preferred Admitted Market Detail: Search Insurance Services (www.marketsearchinsurance.com) offers coverage for: contractors, retailers, wholesalers, and manufacturers. Ineligible risks include truckers — common carrier; truckers – contract carrier — livery. Liability, uninsured motorist and physical damage available. Available limits: …

The Competitive Advantage: Insurance is Losing the Battle of Public Relations

Flooding in southern Louisiana in the late summer of 2016 revealed 86 percent of flooded homes had no flood insurance. No flood insurance next door to one of our nation’s — and that state’s — largest catastrophe, which involved a …

Global Political Environment Puts Business Interruption Top of Mind

According to the Summer/Fall 2016 Edition of the Clements Worldwide Risk Index, business interruption is the leading cause of losses for companies, multinational organizations and nongovernmental organizations (NGOs) that operate outside the U.S. Most business interruption is caused by property …

Business Moves

Arthur J. Gallagher & Co., Eagle Insurance Agency LLC Arthur J. Gallagher & Co. has acquired Eagle Insurance Agency LLC (Eagle) in Syracuse, N.Y. Terms of the transaction were not disclosed. Arthur J. Gallagher & Co. is an international insurance …

Tiny Homes: How agents, insurers are helping to lay a foundation for a growing insurance market

Despite big media hype that has included TV shows, magazines and blogs, the tiny home market is still small. Figures on its current size are hard to come by but the tiny home movement of people looking to downsize and …

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