Building Insurance Coverages

There are six variations of insurance coverages when it comes to insuring your building whether it be your personal residence or investment properties and they all have vastly different claims payouts.  We have written this article in hopes of helping you understand your policy coverages better.

Three relate to the building coverage and three relate to the policy form or verbiage.  Policy holders often forget that insurance is a legal contract between the carrier and the policy holder.  When claims...


The more a business knows about data breaches and cyber exposures, the more it appreciates the value of Cyber insurance. Every year new studies offer the latest facts and insights. We highlight the latest findings that can lead to more informed Cyber insurance decisions. Do you have all the facts?

 Fact 1: The number of Data Breaches Continue

Each year businesses experience more security incidents and data breaches. This trend is not...


Many causes of death are linked to diet & exercise 

"If medical error were considered a disease, a new study has found, it would be the third leading cause of death in the United States, behind only heart disease and   cancer," -reported the New York Times in May.

The new study, based largely on a 2000-2002 study of Medicare patients, estimated that roughly 250,000 deaths per year are due to medical errors.1 That's less than the two leading causes of death-heart disease and cancer-which hover around 600,000 each.

But those...


If you are considering listing your investment property, secondary home or primary residence in the short-term rental market than this article is for you. 

Airbnb was founded in 2008 as a way to help ordinary people use one of their largest assets and expenses (housing) to generate some extra ...



Cover your Property – and yourself!
As an apartment building owner or member of a homeowners association, there are plenty of risks to worry about, damage to your building, tenant liability claims and directors and officer’s liability to name a few....

While charges of employment discrimination against employers are declining overall, claims alleging retaliation against an employee for involvement in a complaint reached a record high in fiscal year 2014.

According to an Equal Employment Opportunity Commission (EEOC) review of the charges it receives, the percentage alleging retaliation reached its highest amount ever: 42.8 percent.

The EEOC released fiscal year 2014 private sector data tables providing detailed breakdowns for the 88778 charges of...


What is Umbrella Coverage?

An “Umbrella” policy is a separate liability policy that provides an extra layer of protection over and above an existing insurance policy.    The umbrella policy works like a safety net covering over and above the underlying policy limits when they have been exhausted.  Due to the litigious nature of our society, having an umbrella policy in place is very important in protecting your assets and future earnings.

How Does and Umbrella...


The Holidays are a time for giving and sharing.     It is also time for your business policyholders to decorate their offices and host company gatherings. So, we are giving you a few Holiday Safety Tips to share with your customers.

 

An average of 15,000 people go to emergency rooms each holiday season from injuries related to decorating for the holidays. To help prevent such injuries, keep these tips in mind:

  • Use the correct ladder for the job.  Do not stand on chairs or other furniture...

Pages

Subscribe to News

Stay Informed: Get the latest news on the Industry

Insurance Fun Fact:

Q: Who started the first insurance company?

A:  Benjamin Franklin, Founded in 1752 The Philadelphia Contributionship for the Insurance of Houses from Loss by fire.