Remove Broker Remove General Liability Remove Underwriting
article thumbnail

Hotel Primary Insurance: A Check-In to Success for Insurance Brokers

Distinguished

If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Underwriters with hospitality industry knowledge and expertise. Our underwriters will look at the security the hotel has in place. Coastal restrictions apply in other states.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Best Practices for Effective Claims Reviews

Risk Management Monitor

In addition to claims experts, it may also be helpful for the carrier’s loss control team to attend, as well as agent/broker staff. The claims review should be designed to account for how frequency and severity may affect underwriting decisions so that the policyholder can move toward its coverage objectives. Potential Benefits.

Claim 75
article thumbnail

Builder’s Risk Insurance in Alabama: A Broker’s Guide 

Distinguished

Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  For instance, employees injured on the job should be covered by their Contractor’s General Liability policy.   Our Builder’s Risk program does not cover some specific risks.

Risk 52
article thumbnail

Builder’s Risk Insurance in Michigan: Online Quotes, Coverages, and Costs 

Distinguished

This means complete property protection in the event of damages from: Extreme weather events Vandalism Theft Fire Beyond property damage, Distinguished also offers coverages for: General liability Soft costs Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Michigan?

Risk 52
article thumbnail

Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

Distinguished

If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Are there any emerging trends in the construction industry that are impacting builder’s risk underwriting? It was a luxury home that had custom-made windows.

Risk 52
article thumbnail

Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site. Our program also offers the following coverages: General liability insurance Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Tennessee?

Risk 52