4 Reasons Your Insured Wants Ordinance or Law Coverage January 3, 2018 By Patrick Wraight I am very much like other people in that I like to take time off during the holiday season. It’s...
Why Is THAT Excluded? November 1, 2017 By Patrick Wraight Exclusions. Insurance policies are full of them. I’ve been reading some policy forms lately. Some to study, others because they’re...
Does a CPP Cover Trees Knocked Over by a Hurricane? October 18, 2017 By Patrick Wraight Last week we entered into a discussion of downed trees, in particular, trees downed by a hurricane. We spent our...
FM Global Includes Top 3 Business Risks in Global Resilience Index May 25, 2017 FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber...
Global Property Insurance Premiums Top $360 Billion: Finaccord Survey October 12, 2015 As of the end of 2014 the worldwide property insurance market was worth $360.5 billion in gross written premiums with...
8 Ways Katrina Changed Commercial Property Insurance August 21, 2015 By Denise Johnson Hurricane Katrina, which devastated New Orleans 10 years ago, is responsible for a number of changes in the commercial property...
NAPCO Report: Prices Decreasing, Competition Increasing in P&C Space April 10, 2014 Insurers have become increasingly competitive and are reducing rates for most accounts as a result of low global insured catastrophe...
Commentary: Swatch Fire Losses and Contingent Business Interruption Coverage January 31, 2014 By Jared Zola An oft-overlooked insurance coverage found in many commercial property policies called “contingent business interruption” coverage may provide insurance proceeds to...
PIA: Agencies See Significant Underwriting Changes in Homeowners Market May 22, 2013 The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast...