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Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Insurance Journal

A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. The days …

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

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. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

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Insuring Collectibles in New York

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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.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

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.

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

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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.

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

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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.

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

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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. Our Builder’s Risk program can also be designed to cover soft costs in the event of a loss.

Policy 52