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Descartes Launches Parametric Tornado Coverage for Solar Farms

Insurance Journal

Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to insure transition-sector investments against physical damage, business interruption

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Celebrating 24 years of service to the general insurance industry

Prof. Allan Manning

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Food spoilage and contamination coverage: Compensates for losses due to spoiled inventory or business interruptions caused by foodborne illness. When determining the price of a policy, our underwriters will look at factors such as the restaurants size, location, type of services offered, and additional coverage needs.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Insurance providers offer customizable coverage options.

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What Lies Ahead?: Top Insurtech Trends for 2025 and Beyond

InsuredMine

These products will become increasingly sophisticated, utilizing real-time data from sensors and satellites to offer protection against various risks, from natural disasters to business interruption. The appeal lies in their transparency and rapid claims settlement, eliminating the need for lengthy claims assessment processes.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

As we look towards 2025, businesses are keenly aware of the potential for future global health crises. Insurance products addressing pandemic risks will likely evolve to include integrated response plansspanning business interruption, supply chain disruption, and employee health coverage.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment.