This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance efficiency across multiple lines of business (LOBs). Whether it’s GeneralLiability, … This post is part of a series sponsored by Selectsys.
In the complex world of Workers’ Compensation and GeneralLiability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while ensuring compliance and maintaining efficiency. This post is part of a series sponsored by Selectsys. To overcome these …
East Unison Risk Advisors, Avondale Insurance Associates Avondale Insurance Associates has joined Unison Risk Advisors’ (URA’s) non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company operating across all property and generalliability …
property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points
Without the right insurance, the landlord absorbs the full financial hit not just from repairs but also from lost rental income. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.
However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. With thousands of restaurants in Charlotte and across North Carolina, the need for comprehensive insurance coverage is vital. What Does Distinguisheds Restaurant Insurance Cover?
Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential. Hailstorms , winter storms, and tenant-related liabilities can lead to significant financial losses if landlords are not properly insured.
From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.
Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwritinggeneralliabilityinsurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums. Read the full report here.
Ready to boost your expertise in Hotel Primary Insurance? 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. Access the full recording now!
From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. Distinguished’s Builder’s Risk program insures a variety of the most common construction projects.
While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Generally, the only exception to this exclusion is if the mold results from another cause of loss (i.e.,
Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market.
We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. Are there any emerging trends in the construction industry that are impacting builder’s risk underwriting?
Sponsored Post bu NSM Insurance Group Meet NSM Insurance Group Your go-to solution for niche, specialty insurance markets For over 30 years, NSM Insurance Group has steadily grown to become the leading specialty insurance provider with 25+ diverse programs powered by a team of more than 1,000 global employees.
However, with growth comes risk, and that’s where Builder’s Risk insurance plays a critical role. Whether your clients are embarking on a new construction project, renovating an existing structure, or making betterments to a property, the importance of having the right insurance coverage can’t be overstated.
For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing. What Perils Does Distinguished’s Builder’s Risk Insurance Cover? However, a general rule of thumb for Builder’s Risk is to expect a policy to cost anywhere from 1-5% of the total project cost.
All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builder’s Risk insurance is growing. What Risks Does Distinguished’s Builder’s Risk Insurance Protect Against? This is where Builder’s Risk becomes essential.
With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly. Potential Benefits.
By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives can provide a viable way to protect companies across several lines of casualty insurance.
Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. Without legislative change, banks and insurers can’t do business with business without risking running afoul of federal drug laws.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content