Move from Residential to Commercial Construction Increasing Risk Severity Following legislative reforms, the slowing economy and soft market conditions, workers’ compensation insurance carriers are eager to build their business in California. But agents and brokers need to take care when …
Soft Market Emphasizes Need for Education, Communication It was the best of times, it was the worst of times.” Charles Dickens probably was not referring to the insurance industry’s soft market, when he wrote “A Tale of Two Cities,” but …
Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the Chartered Property Casualty Underwriters Society Golden Gate All …
Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the Chartered Property Casualty Underwriters Society Golden Gate All …
It was 5 a.m. on Saturday, Nov. 24, 2007, when Farmers Insurance agent Bart Baker was quickly awakened in his Malibu, Calif.-area home by his son, who informed him that he could see columns of smoke rising in the area …
‘Synthetic stucco’ still difficult insurance market for contractors despite changes The use of the exterior insulation finishing system (EIFS), also referred to as “synthetic stucco,” in construction is nothing new to commercial or residential builders. EIFS, a multi-layered exterior structure …
In the midst of the blazing wildfires that overwhelmed seven Southern California counties in October, insurance companies sprung into action. Most said they had learned from past catastrophes and that preparation was key to minimizing losses. According to Erron Al-Amin, …
With the devastating circumstances in Southern California all too apparent, insurance agent and broker associations have stepped up to the plate to reach out to their members. As the fires began to increase in severity, Insurance Brokers and Agents of …
Today’s small, medium-sized owners get more and better coverage options in their business owners policies The business owner policy (BOP) of today is not the BOP of yesterday, industry experts agree. When the first BOP coverage was introduced in the …
