Insurance Journal

FEBRUARY 26, 2025

Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data about individuals’ mortality risk, according to a new report by reinsurance company Munich Re and analytics firm Klarity. The study …

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Risk Life Insurance Insurance Policy Insurance 147

The Property Insurance Law Observer

MARCH 12, 2024

After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Interestingly, Allstate’s denial letter focused only on whether coverage was owed for the dwelling and other structures and did not cite to the policy provisions that address personal property.

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Theft Insurance Policy Policy Personal Property 130

Insurance Journal

OCTOBER 2, 2024

What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, and Safehub, a technology provider in seismic sensor and risk … was purchased by The University of California.

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Policy Insurance Policy Risk Insurance 261

Insurance Journal

JULY 19, 2024

Independent agents play a critical role in helping clients find the right home insurance policies for them. They are also instrumental in sharing information about general safety considerations for homeowners, which is especially essential during the summer when risks tend …

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Home Insurance Insurance Policy Agents Insurance 255

Insurance Journal

JULY 24, 2024

billion, modeling and insurance services firm Parametrix estimates. The portion of the loss covered under cyber insurance policies … The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4

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Financial Loss Cyber Insurance Policy Insurance 321

Property Insurance Coverage Law

JANUARY 5, 2025

I often hear this question when discussing a loss with a potential client or public adjuster: Chip, isnt it an all-risk insurance policy? This question is often in response to a question I asked them: What caused the loss?

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Property Insurance Coverage Law

AUGUST 29, 2024

Steve Coombs should be at least nominated for membership into the Insurance Nerds Hall of Fame. He read my post, What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies? and sent Mara Essick and me numerous articles about “other insurance” clauses.

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Property Insurance Insurance Insurer Insured 203

TGS

MARCH 17, 2025

TGS Insurance Blog Lets be realwhen its time to pick an auto insurance policy, most of us are just hunting for the cheapest option that doesnt leave us totally exposed. So, lets break it down: what exactly is liability only auto insurance, and what risks are you signing up for if you roll with it?

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Auto Insurance Liability Risk Out-Of-Pocket 59

The Property Insurance Law Observer

MARCH 25, 2024

March 11, 2024), the Court determined that the plaintiff property owner, as an additional insured, was not entitled to the same insurance coverage as the named insured where the builder’s risk policy limited the scope of recovery for soft costs and rental income.

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Boyle Agency Insurance

NOVEMBER 4, 2024

Exclusion from Homeowners’ Insurance Many homeowners are surprised to find that their standard homeowners’ insurance policies do not cover flood damage. Without a separate flood insurance policy, homeowners may be left with significant repair costs in the aftermath of a flood.

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Insurance Policy Damage Policy Insurance 75

Property Insurance Centre

MARCH 11, 2025

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. In London, block of flats insurance comes with unique challenges and considerations compared to the rest of the UK.

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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.

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Central Insurance

DECEMBER 23, 2024

Six must-have tow truck insurance policies to protect your fleet, manage risk, and safeguard your business. The post Tow Truck Insurance: The Six Policies You Need for Your Business appeared first on Central Insurance Blog.

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Central Insurance

JULY 12, 2024

Learn about essential masonry insurance policies to protect your business from risks and ensure its long-term success. The post Masonry Insurance: Seven Policies You Need to Protect Your Business appeared first on Central Insurance Blog.

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Central Insurance

OCTOBER 28, 2024

Learn more about the key pool contractor insurance policies, from liability to Workers' Comp, to protect against risks and ensure business success. The post Pool Contractor Insurance: The Five Policies You Need for Your Business appeared first on Central Insurance Blog.

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Property Insurance Centre

SEPTEMBER 11, 2024

What does a Lift Inspection Policy cover? What does a Lift Inspection Policy cover in conjunction with a Purpose Built Flats Insurance Policy? Lift Inspection policies will often accompany a Purpose Built Flats Insurance Policy, and for good reason.

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Insurance Policy Policy Boiler and Machinery 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.

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Protect Commercial Insurance

APRIL 11, 2025

For UK business owners, the rapid pace of commerce and unpredictable weather patterns make this type of insurance a wise investment. 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.

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Commercial Property Property Insurance Commercial Insurance 52

Protect Commercial Insurance

OCTOBER 11, 2024

As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks. Businesses now need to consider how climate change might impact their insurance premiums and coverage.

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Jackson & Jackson

NOVEMBER 16, 2024

Running an IT business in California comes with unique risks and challenges. Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations.

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Insurance Policy Policy General Liability Workers Compensation Insurance 52

Property Insurance Centre

FEBRUARY 10, 2025

#Video Common Perils Covered by Commercial Property Insurance Most commercial property insurance policies cover a broad range of risks, often referred to as “named perils.” ” If a peril is explicitly listed in the policy, the insurer will cover the damage it causes.

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Commercial Property Property Insurance Commercial Boiler and Machinery 52

TGS

SEPTEMBER 6, 2023

TGS Insurance » Blog Do You Need to Tell Your Homeowners Insurance About Home Renovations? When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent.

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Insurance Policy Policy Home Insurance Personal Property 52

The Property Insurance Law Observer

SEPTEMBER 23, 2024

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

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Damage Business Interruption Property Damage Policy 130

Freeway Insurance

DECEMBER 24, 2024

Once you purchase your first house and set up a homeowners insurance policy , you may think that your insurance needs will be taken care of for as long as you own the house. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property.

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Mark Jackson Insurance Agency

OCTOBER 16, 2024

Multicolored umbrellas by Pixabay When it comes to personal insurance , most people are familiar with their auto , homeowners , or renters policies. However, fewer may be aware of umbrella insurance —a type of coverage that goes beyond the limits of your existing policies to protect you from substantial financial risk.

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Risk Management Monitor

AUGUST 30, 2021

Ida has now weakened to a tropical storm and will continue to cut through the south before making its way across much of the East Coast, bringing significant risks of wind, rain and inland flooding throughout this week. Be sure to assess your risk and execute the appropriate steps to protect your business, property and employees.

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Mark Jackson Insurance Agency

MARCH 5, 2025

Clogged gutters can lead to roof leaks and water pooling around your homes foundation, increasing the risk of flooding. Trim Trees and Secure Outdoor Items Overhanging tree branches can pose a significant risk to your home during storms. Contact Mark Jackson Insurance Agency for a home insurance policy review.

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Tosten Marketing

FEBRUARY 27, 2025

Commercial property insurance covers several types of water damage, but understanding the specifics is vital. Many business owners find themselves surprised by what their policies do and don’t cover. Sudden and Accidental Water Damage Most commercial property insurance policies cover sudden and accidental water damage.

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Commercial Property Property Insurance Damage Commercial 52

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

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Protect Commercial Insurance

APRIL 4, 2025

Benefits for Landlords There are several compelling benefits for landlords who choose to invest in Rent Guarantee Insurance: – Continuous Income : Perhaps the most notable benefit is the assurance of receiving rental income on time, which is essential for meeting mortgage payments and other property-related expenses.

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Out-Of-Pocket Insurance Insurer Insured 40

ProWriters

FEBRUARY 23, 2025

Security experts also believe China and Iran pose significant cyber risks. The gray zone poses significant challenges for not only legal frameworks but also insurance policies. Merck won an appeal against and ultimately settled the coverage dispute with its insurers.

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Wren Insurance Agency

JANUARY 22, 2025

The good news is that, according to Mark Frielander with the Insurance Information Institute (video interview link here: Could California wildfires impact Florida home insurance rates? ), carriers assume their own risks in each state and have different subsidiaries as a result.

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Home Insurance Insurance Insurer Insured 65

TGS

FEBRUARY 28, 2025

Policy Information Details of the insurance policies under which the claims were filed. Insurance companies rely on these reports to assess risk when underwriting a new policy. A loss history report isnt just for insurance companiesits an essential tool for homeowners and homebuyers too.

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Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. 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 Does Distinguished’s Builder’s Risk Cover?

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Distinguished

APRIL 21, 2025

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities.

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Distinguished

APRIL 14, 2025

But with value comes risk, and standard homeowner insurance policies frequently fall short when it comes to protecting one-of-a-kind instruments. Thats why a specialized collectibles policy is the right solution for clients who own rare, high-value guitars whether theyre collectors, professional musicians, or investors.

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Property Insurance Centre

JANUARY 30, 2025

Empty properties pose higher risks, including: Security concerns Unoccupied units are more vulnerable to vandalism, break-ins, and squatting. Fire risks An unoccupied space can become a target for arson or suffer unnoticed electrical faults. Regular inspections Some insurers require vacant units to be checked every 714 days.

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