The Property Insurance Law Observer

MAY 21, 2024

The New York Supreme Court recently weighed in on what constitutes “reasonable care” to maintain heat in the context of a first-party insurance policy exclusion requiring such reasonable care. In Michael Zimmerman v. Leatherstocking Cooperative Insurance Company , CV-23-0362, 2024 NY Slip Op 02113 (April 18, 2024), the Plaintiff was in the process of selling his home in Saratoga Springs, New York.

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InsuranceBee

MAY 24, 2024

When it comes to cleaning businesses, one of the most common questions we’re asked is: do janitors need workers’ compensation insurance? And why? It protects your employees if they get injured or hurt while working for you. It does this … Read more. The post Why janitors need workers’ compensation insurance appeared first on InsuranceBee Blog.

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Workers Compensation Insurance Workers Compensation Compensation Insurance 52

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

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Agency Revolution

MAY 23, 2024

There are two ways you can go about marketing your insurance agency. The first is to try anything. Just throw stuff at the wall and see what sticks. You’ll probably get some results, but you might not. And you also may have no idea what’s actually working. The second and, arguably, more effective way to approach marketing is strategically. While it’s easy to fall down the rabbit holes of methodology and best practices, marketing strategy doesn’t need to be complicated.

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Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. However, with great opportunities come great risks. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors. “Understanding Multi-Family Property Insurance&

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Insurance Agent Near Me

MAY 22, 2024

Explore the disparities between commercial insurance brokers and agents in our enlightening blog post 'Understanding the Differences Between Commercial Insurance Brokers and Agents'. The post Understanding the Differences Between Commercial Insurance Brokers and Agents appeared first on Insurance Agent Near Me.

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Agency Revolution

MAY 23, 2024

There are two ways you can go about marketing your insurance agency. The first is to try anything. Just throw stuff at the wall and see what sticks. You’ll probably get some results, but you might not. And you also may have no idea what’s actually working. The second and, arguably, more effective way to approach marketing is strategically. While it’s easy to fall down the rabbit holes of methodology and best practices, marketing strategy doesn’t need to be complicated.

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Building Insurance Agency Insurer Insurance 52

Jackson & Jackson

MAY 23, 2024

Discover practical strategies and money-saving tips for small business insurance in California. How to Save Money on Small Business Insurance in California Running a small business in California can be both exciting and challenging. You have poured your heart and soul into your venture, and it’s only natural that you want to protect it. However, finding affordable small business insurance can sometimes be an uphill battle.

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Small Business Insurance Business Insurance Insurer Insurance 52

Wren Insurance Agency

MAY 22, 2024

In Florida, a townhome is either insured as a single-family home (through an HO3 policy), or as a condominium (an HO6). The type of property insurance you need is dependent on how your community is insured as a whole. For example, if your bylaws state that your HOA covers roof replacement, it is likely you will only need to purchase condo insurance, or a "walls-in" HO6 policy to cover your personal property and items within the unit itself like walls and fixtures.

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Mark Jackson Insurance Agency

MAY 21, 2024

Home Office Desk by Ken Tomita The rise of home-based businesses has been one of the most significant shifts in the modern work landscape. While operating a business from home offers convenience and flexibility, it also necessitates careful consideration of insurance needs. Traditional home insurance policies often fall short of covering the unique risks associated with running a business from home.

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Liability Business Interruption Professional Liability Insurance Home Insurance 52

HBW Leads

MAY 21, 2024

Teaching new insurance agents the art of leaving effective voicemails is a crucial task for insurance agency owners. Mastering the art of the voicemail is a vital skill that can significantly impact success, whether you’re reaching out to leads or communicating with existing customers. Teaching new insurance agents this art is essential for agency owners and supervisors who want their agents to thrive.

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Insurance Agent Insurance Agents Agents Insurance 52

RiskQuoter

MAY 21, 2024

Learn everything you need to know about securing a $5 million life insurance policy, including underwriting, choosing the right company, and key factors that influence your rates. The post How to Get a $5 Million Life Insurance Policy: A Complete Guide appeared first on RiskQuoter.com.

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InsuredMine

MAY 20, 2024

Insurance has always been a tricky thing, hasn’t it? For some people and businesses, just trying to get basic coverage feels like an endless struggle. Maybe it’s because of a risky job or an unusual situation that makes them too “risky” in the eyes of traditional insurance agencies. But what are they supposed to do then? Go completely unprotected and just hope for the best.

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Healthinsurance.org

MAY 20, 2024

In this article HealthCare.gov policyholders at risk Scammers circumvent consumers protections The damage to affected Marketplace buyers Factors that led to the alleged fraudulent activity Buyers with lower incomes targeted Is this happening in states that run their own Marketplaces? What should consumers do? In recent weeks, we’ve seen alarming news reports of Marketplace enrollees’ coverage being switched to a different plan without their knowledge.

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Property Insurance Centre

MAY 20, 2024

Block of Flats Insurance Glossary of Terms Understanding the Declared Value The Declared Value is a figure that represents the rebuild cost of a block of flats or property converted into flats, including garages, outbuildings, walls, car parking, electronic gates, etc., if it was completely destroyed. It is the cost of the materials and labour required to reinstate the property to its previous condition.

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RiskQuoter

MAY 20, 2024

Life insurance assignments can help you use your policy for various financial goals. Learn about collateral assignments for loans and absolute assignments for permanent transfers of ownership, like gifting or estate planning. This guide simplifies the process and helps you make informed decisions. The post Understanding Life Insurance Assignments: Your Complete Guide appeared first on RiskQuoter.com.

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Boyle Agency Insurance

MAY 19, 2024

Excess Liability Protection With Chubb Bogle Agency Insurance offers Chubb Masterpiece Excess Liability Insurance because we feel it provides the best coverage with the highest limits. Homeowners Insurance and Automobile Insurance cover you for liability to a limited degree. When the unexpected occurs and you find you are not completely covered for liability, you need Umbrella Insurance or Excess Liability Insurance.

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EverQuote

MAY 22, 2024

Scott Grates, insurance agent and co-founder of Insurance Agency Optimization, is renowned for his ability to fuel his business off of referrals.

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Majesco

MAY 23, 2024

Insurance company profit margin results right now are like trying to keep water in a leaking bucket. Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. It’s tough to build new levels of risk resilience when new and heightened risks, increasing claims costs, supply chain implications, and legacy business processes and technology make it difficult to navigate a

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Corvus

MAY 23, 2024

Based on Corvus’s Threat Intel team data, the frequency of ransomware attacks on the construction industry increased 48% from 2022 to 2023. Encryption software firm NordLocker, in its latest report on cyber attacks, ranked construction as the #1 most targeted industry.

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Cyber 40

New Jersey Workers' Comp

MAY 23, 2024

Imagine a conversation in a restaurant between a customer who orders a three-course meal and the waiter, who brings the customer a bill after the first course. “But I have not even finished dinner yet?” objects the customer. The waiter responds, “you misunderstand, this bill is just for the procedure. We had several cooks working on this meal.” At the end of the meal, the waiter then brings a second bill to the table, announcing “now this is the bill for your food.

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Injury Compensation Workers Compensation Workers Comp 40

Cowbell

MAY 20, 2024

As part of our “Heard on the Ground” series, our executives share insights into what they heard on the ground at key industry events. It’s not always possible to attend every conference and we want to make sure our partners and customers feel connected to the broader ecosystem and know what trends we’re watching. The annual RSA Conference is one of the world’s largest cybersecurity gatherings, bringing together thousands of industry professionals, experts, and vendors.

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McMahon Insurance Agency

MAY 22, 2024

As homeowners, it’s crucial to be aware of potential liabilities within your property.

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Liability 52