Insurance Journal

JANUARY 16, 2025

LOUISVILLE, Ky. (AP) AP) Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer …

Workers Compensation 246

Workers Compensation Property Damage Compensation Damage 246

Jackson & Jackson

APRIL 26, 2024

It provides coverage for physical damage to your property and any loss of income due to business interruption. Key Coverages for California Property Investors Property Damage : Covers damage to your buildings and contents caused by fire, theft, vandalism, and natural disasters.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Protect Commercial Insurance

SEPTEMBER 20, 2024

It covers you against claims of property damage, personal injury, or negligence. This type of insurance is designed to cover you if a member of the public suffers an injury or their property is damaged because of your business activities. Yet, it’s essential to protect your hard-earned business from the unexpected.

Liability Insurance 52

Liability Insurance Liability Insurer Insurance 52

TGS

NOVEMBER 18, 2024

This is in stark contrast to at-fault states, where the driver who caused the accident (or their insurance) is typically responsible for covering damages. The no-fault system was designed to streamline the claims process, reduce the burden on courts, and ensure that accident victims receive compensation more quickly.

Injury 52

Injury Auto Insurance Damage Property Damage 52

Protect Commercial Insurance

APRIL 4, 2025

– Tenant Compensation : In some cases, landlords might need to compensate tenants if living conditions are disrupted or deemed inadequate due to unresolved property issues. – Preservation of Property Value : Taking swift action on repairs preserves the value of the property and mitigates the risk of further damage.

Out-Of-Pocket 40

Out-Of-Pocket Insurer Insurance Insured 40

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. If you rely on expensive equipment, such as snowplows, food trucks, or heavy machinery, comprehensive coverage that protects against damage and theft is crucial year-round.

Business Interruption 52

Business Interruption Theft Liability Insurer 52

Jackson & Jackson

NOVEMBER 16, 2024

If a client trips over cables during a meeting at your office or your equipment damages their property, General Liability Insurance provides coverage. Why it’s critical in California : Earthquakes and wildfires are common threats, making comprehensive property insurance a must for California-based businesses.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Cover4LetProperty

OCTOBER 9, 2022

Let’s see how you can get the broadest possible cover at times like these by taking a look at those elements that might be included as standard items for your particular landlord insurance policy or which may be available as extras or add-ons: Loss of rental income your buy to let property is a business investment that relies on the steady income stream (..)

Liability 52

Liability Insurer Insurance Insured 52

Protect Commercial Insurance

NOVEMBER 1, 2024

Unlike standard home insurance, which is tailored for owner-occupied homes, landlord insurance is crafted to address risks associated with renting out your property. Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks.

Home Insurance 52

Home Insurance Out-Of-Pocket Insurer Insurance 52

TGS

JANUARY 6, 2025

Why Are the Minimum Limits Increasing? The previous minimum liability limits have been in place for years and are no longer sufficient to cover the average costs associated with auto accidents.

Auto Insurance 52

Auto Insurance Insurer Insurance Insured 52

ProWriters

APRIL 3, 2024

E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage.

Liability 52

Liability Cyber Claim Policy 52

Property Insurance Centre

MARCH 19, 2024

Flood Insurance Floods can cause significant damage to property, making flood insurance a crucial consideration for homeowners and business owners in flood-prone areas. Policyholders who understand the evaluation of damages and coverage available are better equipped to negotiate with adjusters and advocate for fair settlements.

Property Insurance 52

Property Insurance Policyholder Insurer Insurance 52

Cover4LetProperty

DECEMBER 1, 2023

Landlord insurance: Offers liability protection for landlords, covering legal expenses and compensation if a tenant or visitor is injured on the property. Landlord insurance: Addresses specific risks associated with renting, such as tenant damage to the property. How can I be sure I have the correct type of insurance?

Home Insurance 52

Home Insurance Insurer Insurance Insured 52

Cover4LetProperty

JANUARY 2, 2024

The appropriate cover, therefore, is the insurance that delivers the protection demanded by your individual circumstances as a landlord – at a competitively rated price: Building insurance central to your buy to let business, of course, is the property itself; this needs to reflect a worst case scenario in which the building is completely destroyed, (..)

Liability 52

Liability Damage Home Insurance Building 52

Cover4LetProperty

NOVEMBER 3, 2024

An equally important component of landlord insurance is public liability indemnity – protection against the potentially very costly claims made by tenants, their visitors or members of the public who may have suffered injury or had their property damaged because of the landlord’s breach of his duty of care.

Insurer 40

Insurer Insurance Insured Home Insurance 40

Distinguished

NOVEMBER 7, 2024

If the principal fails to fulfill these obligations, the surety is responsible for rectifying the breach, either through financial compensation or by ensuring the completion of the contract. In the event of a default, the principal must indemnify the surety for any costs or damages paid out to resolve the breach.

Claim 52

Claim Compensation Risk Broker-Agent 52

Property Insurance Centre

JANUARY 16, 2025

Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management. Business Interruption: Compensation for lost income during downtime caused by flooding. Contents Coverage: Protection for stock, inventory, and furnishings.

Commercial 52

Commercial Commercial Property Insurer Insurance 52

Jackson & Jackson

MAY 23, 2024

Small business insurance covers property damage, liability claims, and employee-related risks. For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurer Insurance 52

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Protect Commercial Insurance

NOVEMBER 8, 2024

It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Jackson & Jackson

AUGUST 16, 2024

Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises. These events can cause extensive damage to homes and properties, leading insurers to be more cautious in providing coverage.

Insurer 52

Insurer Insurance Insured Risk 52

Cover4LetProperty

OCTOBER 10, 2022

You almost certainly asked for a deposit as security for any damage or breakages your tenant might cause during the tenancy, the payment of rent and other bills when they fall due, and the possible cost of cleaning the premises when the tenancy comes to an end. What do I do with the deposit I ask my tenants for?

Insurer 52

Insurer Insurance Insured Property Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Outdated property valuations result in underinsured properties. Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 Insureds are facing substantial property losses, leading to increased financial burdens.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Protect Commercial Insurance

JANUARY 10, 2025

From property damage and liability to business interruption cover, clients get everything under one roof. – Competitive Edge : By working with partners that understand commercial properties, you can tailor products that fit unique client needs, setting you apart from competitors.

Building 52

Building Broker Commercial Property Insurer 52

CDC: Workers Compensation

OCTOBER 8, 2024

1][2] Additionally, crashes during roadway incident responses can cause extensive property damage to agency equipment, such as ambulances and fire apparatus.[3] These secondary crashes during responses to roadway incidents contribute to about 50 emergency responder fatalities and injuries annually.[1][2]

Protection 95

Protection Property Damage Injury Damage 95

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. It provides financial compensation to repair or replace damaged property, ensuring that your business can quickly recover from unexpected events.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Cover4LetProperty

AUGUST 23, 2022

If you’re looking for buy to let insurance, you’ll need to ensure that your property and the business in which it plays its part are fully covered along the following lines: Buildings insurance the risks to the structure and fabric of the building itself are many and varied; typically, landlord insurance covers risks such as fire, flooding, storm damage, (..)

Insurer 40

Insurer Insurance Insured Property Insurance 40

Boyle Agency Insurance

APRIL 7, 2025

Contractor Insurance Is Essential For Home Improvements Imagine a scenario where a contractor accidentally damages your property or a worker gets injured while working on your home. It ensures that the contractor is financially equipped to handle damages or injuries that may occur on-site.

Property Damage 61

Property Damage Injury Damage Insurer 61