Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm? March 7, 2013 By Amy O'Connor Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to...
ISO Adds Alternative Energy Classifications to Commercial Property Program November 13, 2012 ISO has added new classifications to its commercial property program to account for the emergence of alternative energy sources. ISO...
Louisiana Citizens Considering Commercial Property Rate Increase November 7, 2012 Louisiana Citizens Property Insurance Corp.’s board is expected to approve increasing its commercial coverage rates by an average of 45.1...
Louisiana Supreme Court Reduces Insurer Citizens’ Late Payment Penalty October 19, 2012 By Stephanie K. Jones The Louisiana Supreme Court has relieved the state’s property insurer of last resort of the burden of paying a $125,000...
Secure Legal Title Launches Lloyd’s Coverage October 5, 2012 Secure Legal Title Ltd., a London-based provider of legal indemnity and title insurance, announced the registration at Lloyd’s of “Secure...
Rate Hikes Lead to Less Insurance Coverage for Louisiana Parish Schools September 24, 2012 The Livingston Parish School Board will cut the district’s property insurance coverage in half to keep from paying an additional...
Copper Thieves Cause $750K in Damage in Wichita, Kan. September 18, 2012 Copper thieves tore out electrical systems at a Wichita industrial park, causing about $750,000 in damage. The theft was reported...
Louisiana School Board May Cut Costs with Less Insurance Coverage August 9, 2012 Cutting property coverage in half could help the Tangipahoa Parish School Board in Louisiana save nearly $60,000 in overall insurance...
Lexington Announces Law, Ordinance Upgrade Coverage Enhancement July 24, 2012 Lexington Insurance Company has introduced Law and Ordinance Upgrade, a new enhancement that is available to Lexington’s higher education, healthcare...
Chartis Increases Commercial Property Per-Risk Capacity June 18, 2012 Chartis has increased its commercial property per-risk capacity to $1.5 billion on a worldwide basis. This level of capacity had...