“Many human beings say that they enjoy the winter, but what they really enjoy is feeling proof against it.”― Richard Adams
More often than not (and some would argue rightfully so) my peers and I focus on explaining the difference between an occurrence and a claims-made policy due to how the coverage triggers drastically affect whether coverage is afforded or not; exhibit A: Claims-Made vs. Occurrence Coverage..
Spring has sprung and with that the building season is in full swing! Though, come to think of it, when hasn’t building been in full swing as of late? With all these buildings going into the ground and sprouting out of it, it makes me think of builder’s risk insurance.
I sometimes have to take a step back and remember that not everyone’s LinkedIn feed is filled with cyber insurance companies, digital forensics firms, information security systems providers, and the like. I see news reports on breaches, network extortion attacks, and computer fraud on a daily..
The popularity and convenience of shopping online is causing brick and mortar stores to go out of business or to consolidate locations. Sears & Kmart (46 Stores), Toys R Us (735 Stores), Bon Ton (256), and Sam’s Club (63 Stores) are just some of the national chains that have closed stores due to..
While combing through many contracts over the past few years I’ve come across the word subrogation many times. When I started my career at Hausmann-Johnson Insurance I understood the idea behind subrogation, but I didn’t completely comprehend what these contracts were asking our insurance..
- Who can purchase a flood policy?
All owners of insurable property (building and/or contents) in a community that participates in the NFIP.