Inland Marine, Risk and Theft - Insurance Industry Brief

Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Insurance Journal

DECEMBER 22, 2024

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 …

Theft

Theft Risk Inland Marine Marine

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

Workers Compensation

Workers Compensation Liability Property Damage Inland Marine Insurance

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 Insured Insurance Insurer

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

APRIL 11, 2025

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. 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.

Commercial Property

Commercial Property Property Insurance Commercial Insured

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. Job sites that are under construction are prone to things like fire, theft, and vandalism. This is why the popularity of Builder’s Risk insurance is growing. What Does Distinguished’s Builder’s Risk Cover?

Risk

Risk Broker-Agent Insured Insurance

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. Loss experience.

Risk

Risk Broker-Agent Deductible Insured

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 in Michigan: Online Quotes, Coverages, and Costs

Distinguished

AUGUST 26, 2024

However, alongside all of this construction comes large financial risks. Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing.

Risk

Risk Broker-Agent Insured Insurance

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. It protects against fire, lightning, hail, wind, theft, and vandalism, among other perils.

Policy

Policy Risk Broker-Agent Liability

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 Insured

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

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 Underwriter

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. We cover both owned and loaned exhibits, with adjustable policy terms to accommodate planned exhibitions.

Broker-Agent

Broker-Agent Inland Marine Damage Broker

Does Homeowners Insurance Cover Collectibles?

Distinguished

JULY 22, 2024

However, the very qualities that make collectibles so precious also expose them to unique risks. Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies.

Insured

Insured Insurance Insurer Policy

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. Once you’ve outlined the risks, the next step is determining how much coverage you need.

Business Insurance

Business Insurance Liability Insurance Liability Policy

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 Insured Insurance Insurer

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.  What Does Public Art Insurance Cover?

Deductible

Deductible Broker-Agent Insured Insurance

The Role of Appraisals in Fine Art Insurance

Distinguished

JULY 29, 2024

A client’s fine art collection may represent their treasured possessions or important investments and requires specialized insurance to protect against losses caused by water, fire, vandalism, theft, transit, and natural disasters. Property and Liability products are distributed through a national network of agents and brokers.

Broker-Agent

Broker-Agent Insured Insurance Insurer

Insurance Industry Brief

Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Insurance Considerations When Expanding Your Business to a New Location

Trending Sources

Insuring Collectibles in New York

A Comprehensive Guide to Understanding Commercial Property Insurance

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

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

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

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

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

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

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

Protecting Fine Art, Collectibles in California

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

Does Homeowners Insurance Cover Collectibles?

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

Rare Toy Insurance: A Guide for Collectors and Brokers

Public Art Insurance: Safeguarding Publicly Owned Art and Collectibles

The Role of Appraisals in Fine Art Insurance

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