Inland Marine, Liability and Risk - Insurance Industry Brief

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. This coverage is required in most states.

Workers Compensation

Workers Compensation Liability Property Damage Injury

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

MARCH 20, 2025

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. Without the right coverage, property owners could be exposed to significant financial and legal risks.

Building

Building Protection Damage Liability

What is a Managing General Agent (MGA) in Insurance?

Distinguished

APRIL 9, 2025

Specialization: Brokers typically offer a broad range of standard insurance products, while MGAs specialize in niche markets like cyber liability, HOA insurance, and high-risk commercial properties. Support for complex or unique risks: MGAs provide niche expertise that can help you secure clients you wouldnt otherwise be able to.

Agents

Agents Broker-Agent Broker Underwriter

Insuring Collectibles in New York

Distinguished

FEBRUARY 10, 2025

It covers fine art, sports cards, handbags, and other collections, up to $125 million on a single risk as the primary or excess layer or on a quota-share basis. Whats Covered The policy covers a wide range of risks for direct physical damage, including fire and theft, under an all-risk policy structure with broad coverage.

Broker-Agent

Broker-Agent Insurance Insurer Insured

Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

OCTOBER 15, 2024

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. Property owners may also choose to add Premises Liability coverage to the policy.

Policy

Policy Risk Broker-Agent Liability

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

Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. This is why the popularity of Builder’s Risk insurance is growing. Read on to learn more about the coverages, costs, and benefits that make Distinguished’s Builder’s Risk Program ideal for Tennessee’s booming industry. 

Risk

Risk Broker-Agent Insurance Insurer

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

Distinguished

SEPTEMBER 10, 2024

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. To address these diverse risks, Distinguished’s Builder’s Risk Program offers tailored solutions for Alabama’s construction needs.

Risk

Risk General Liability Broker-Agent Insurance

Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?

Distinguished

OCTOBER 30, 2024

Builder’s Risk insurance is critical for residential and commercial construction projects, as it covers the property during construction or renovation. Commercial projects also often involve higher-risk factors, particularly when renovating existing properties such as restaurants, office buildings, or retail stores.

Commercial

Commercial Risk Broker-Agent Building

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

Distinguished

SEPTEMBER 17, 2024

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. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk.

Risk

Risk Broker-Agent Deductible Insurance

Builder’s Risk Insurance in Georgia: Coverages, Costs, and More

Distinguished

AUGUST 12, 2024

However, with growth comes risk, and that’s where Builder’s Risk insurance plays a critical role. In this article, we’ll take a deep dive into Distinguished’s Builder’s Risk insurance offerings in Georgia. How Much Does Builder’s Risk Cost in Georgia?

Risk

Risk Broker-Agent Insurance Insurer

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

Distinguished

AUGUST 26, 2024

However, alongside all of this construction comes large financial risks. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

Risk

Risk Broker-Agent Insurance Insurer

Distinguished Programs Announces Contract Surety Program Led by Trevor Hash

Distinguished

SEPTEMBER 17, 2024

The surety program will complement Distinguished’s existing products designed for fine art and collectibles , environmental, real estate, community associations , hotels, and restaurants, as well as their Executive Lines and Inland Marine programs launched earlier this year. Distinguished enlisted the assistance of U.S.

Inland Marine

Inland Marine Broker-Agent Underwriter Underwriting

Happy Holidays From Distinguished’s Environmental & Construction Professional Team

Distinguished

DECEMBER 17, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Agents

Distinguished Programs Expands Fine Art and Collectibles Program Capacity to $125 Million Limit

Distinguished

DECEMBER 4, 2024

NEW YORK – Distinguished Programs, a leading insurance program manager, has announced an increase in its Fine Art & Collectibles program capacity to $125 million for single risks in the United States, effective now. Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Risk

Distinguished Launches Fine Art & Collectibles Insurance for Personal Collections in California with $125M Capacity and Earthquake Coverage

Distinguished

DECEMBER 19, 2024

The program offers full limits, including earthquake coverage with capacity up to $125 million for single risks. ” The Fine Art & Collectibles program provides tailored solutions, including primary and excess risk options, seamless claims handling, and specialized services such as collection management and preservation advice. .

Broker-Agent

Broker-Agent Inland Marine Broker Insurance

Meet Distinguished’s Community Associations Insurance Experts

Distinguished

AUGUST 19, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Insurance

Distinguished Programs Welcomes Darryl Proniuk as VP, National Agency Sales for Fine Art and Collectibles Program

Distinguished

NOVEMBER 4, 2024

A dynamic sales and risk management executive, Proniuk brings more than a decade of experience, with expertise in relationship building, pipeline development, and strategic growth. Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Agents

Distinguished Programs Announces New Sustainability Initiatives in Fine Art & Collectibles Program

Distinguished

AUGUST 7, 2024

” Distinguished’s broad appetite for Fine Art & Collectibles risk encompasses sectors such as museums , corporate collections , dealers, private collectors , and artist foundations. Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Agents

Distinguished Programs Appoints Ashley Mehyo as VP of Claims for Fine Art and Collectibles Program

Distinguished

AUGUST 27, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Claim

Claim Broker-Agent Inland Marine Commercial Property

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

Distinguished

JULY 8, 2024

Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. A: There are several important considerations including: Specialty coverage that caters to the hotel industry risks and exposures. Access the full recording now! Coastal restrictions apply in other states.

Insurance Broker

Insurance Broker Broker Broker-Agent Insurance

Key Strategies for Protecting Your Collection

Distinguished

OCTOBER 31, 2024

How to Mitigate Risks Proactively Protect people first, property second. Review Your Insurance Coverage – Take the time to examine your liability insurance policy to confirm that it includes volunteer coverage. Property and Liability products are distributed through a national network of agents and brokers.

Protection

Protection Broker-Agent Inland Marine Broker

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

APRIL 11, 2025

Having coverage structured according to your specific needs and risks is not just a precautionit’s a powerful business strategy. Not every potential risk is covered under a standard policy. – Data Breach Insurance : Critical for technology-reliant businesses, protecting against cyber risks.

What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

OCTOBER 25, 2024

This approach ensures that you choose a policy that doesn’t just tick boxes but genuinely covers your specific risks and requirements. What are the specific risks associated with your industry? Every industry comes with its own set of risks. – Is there a high level of professional liability in your operations?

Business Insurance

Business Insurance Liability Insurance Liability Policy

Protecting Fine Art, Collectibles in California

Distinguished

DECEMBER 16, 2024

Protecting these assets in the state requires specialized insurance solutions considering earthquake and wildfire risks. Our program provides all-risk worldwide coverage for direct physical damage like fire and theft of personal collections of any size.

Protection

Protection Broker-Agent Inland Marine Underwriting

Distinguished Programs and Berkley Program Specialists Partner for Community Associations D&O and Crime Coverage

Distinguished

OCTOBER 9, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Crime

Crime Broker-Agent Inland Marine Broker

Fine Art & Collectibles Insurance: Q&A For Brokers

Distinguished

OCTOBER 1, 2024

Ashley Mehyo , Vice President of Claims, Distinguished Fine Art & Collectibles Ashley is our Vice President of Claims with 7 years industry experience doing everything from selling insurance, surveying risks and adjusting over 3,000 claims specifically focused on the Fine Art & Collectibles market.

Broker

Broker Broker-Agent Inland Marine Insurance

High-Capacity Limits Address Collections of Museums, Corporate Clients, and High-Net-Worth Individuals

Distinguished

JANUARY 7, 2025

Distinguisheds national Fine Art & Collectibles insurance programs recent expansion to $125 million in capacity per risk establishes it as a leader in this specialized market. Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Damage Broker

Public Art Insurance: Safeguarding Publicly Owned Art and Collectibles

Distinguished

DECEMBER 2, 2024

However, they also face unique risks, from vandalism and weather damage to transport and installation challenges. One of the key reasons is lower deductibles, expert knowledge, and tailored coverage options specifically designed for the unique risks faced by public art installations. 

Deductible

Deductible Broker-Agent Insurance Insurer

A Comprehensive Overview of Surety Bonds

Distinguished

NOVEMBER 7, 2024

Surety’s Defenses : The surety may invoke certain defenses against the obligee’s claim, such as contract modifications that increase the surety’s risk without consent or the obligee’s failure to comply with contractual conditions that mitigate the surety’s obligations.

Claim

Claim Compensation Risk Broker-Agent

Does Homeowners Insurance Cover Collectibles?

Distinguished

JULY 22, 2024

However, the very qualities that make collectibles so precious also expose them to unique risks. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. We understand the unique risks and how to best insure these special items. For most, this will mean a collectibles policy.

Insurance

Insurance Insurer Insured Policy

The Role of Appraisals in Fine Art Insurance

Distinguished

JULY 29, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Insurance Insurer Insured

Rare Toy Insurance: A Guide for Collectors and Brokers

Distinguished

AUGUST 5, 2024

What Specific Risks Do Toys Face? The top risks to toys, much like other collectibles, are theft, disappearance in transit, and accidental damage. However, beyond these primary risks, certain toys can have other risks as well. The nature of these risks will depend greatly on the kind of toy being insured.

Broker

Broker Insurance Insurer Insured

The Smart Collector’s Guide to Specialty Storage for Collectibles

Distinguished

OCTOBER 1, 2024

Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Inland Marine Broker Damage

The Beat Doesn’t Go On as Lawsuits Hit Hospitality Industry for Copyright Infringement

Distinguished

OCTOBER 24, 2024

Yet without proper licensing, establishments are taking a big risk of being hit with a copyright infringement lawsuit. Commercial General Liability policies typically have specific exclusions for intellectual property violations, including copyright, trademark, and patent infringement, and the Umbrella policy follows suit.

License

License Broker-Agent General Liability Commercial General Liability

Management Liability Insurance: A Broker’s Guide

Distinguished

JANUARY 28, 2025

This is why making sure executives are backed by comprehensive management liability insurance is so important. As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs.

Liability Insurance

Liability Insurance Liability Broker-Agent Insurance

Distinguished Executive Lines Launches New Primary Forms

Distinguished

JANUARY 28, 2025

This development underscores Distinguisheds ongoing commitment to provide innovative and comprehensive management liability solutions exclusively to wholesale brokers. The new forms offer coverage for Directors & Officers Liability, Employment Practices Liability, and Fiduciary Liability, available on both a combined and standalone basis.

Broker-Agent

Broker-Agent Inland Marine Liability Broker

Insurance Industry Brief

Insurance Considerations When Expanding Your Business to a New Location

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Trending Sources

What is a Managing General Agent (MGA) in Insurance?

Insuring Collectibles in New York

Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

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

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

Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?

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

Builder’s Risk Insurance in Georgia: Coverages, Costs, and More

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

Distinguished Programs Announces Contract Surety Program Led by Trevor Hash

Happy Holidays From Distinguished’s Environmental & Construction Professional Team

Distinguished Programs Expands Fine Art and Collectibles Program Capacity to $125 Million Limit

Distinguished Launches Fine Art & Collectibles Insurance for Personal Collections in California with $125M Capacity and Earthquake Coverage

Meet Distinguished’s Community Associations Insurance Experts

Distinguished Programs Welcomes Darryl Proniuk as VP, National Agency Sales for Fine Art and Collectibles Program

Distinguished Programs Announces New Sustainability Initiatives in Fine Art & Collectibles Program

Distinguished Programs Appoints Ashley Mehyo as VP of Claims for Fine Art and Collectibles Program

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

Key Strategies for Protecting Your Collection

A Comprehensive Guide to Understanding Commercial Property Insurance

What are the most important questions to ask when choosing business insurance?

Protecting Fine Art, Collectibles in California

Distinguished Programs and Berkley Program Specialists Partner for Community Associations D&O and Crime Coverage

Fine Art & Collectibles Insurance: Q&A For Brokers

High-Capacity Limits Address Collections of Museums, Corporate Clients, and High-Net-Worth Individuals

Public Art Insurance: Safeguarding Publicly Owned Art and Collectibles

A Comprehensive Overview of Surety Bonds

Does Homeowners Insurance Cover Collectibles?

The Role of Appraisals in Fine Art Insurance

Rare Toy Insurance: A Guide for Collectors and Brokers

The Smart Collector’s Guide to Specialty Storage for Collectibles

The Beat Doesn’t Go On as Lawsuits Hit Hospitality Industry for Copyright Infringement

Management Liability Insurance: A Broker’s Guide

Distinguished Executive Lines Launches New Primary Forms

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