Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

This brief provides an overview of how several factors, including skyrocketing costs from litigation, pose risks to coverage affordability, availability, and other potential economic outcomes for Georgia residents. Data indicates that litigation costs have become a pervasive concern for risk management.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Relation

MARCH 10, 2025

Whether it’s a lawsuit, property damage, or an unforeseen disruption, the lack of sufficient insurance can lead to devastating financial consequences. Underinsurance can happen for many reasons, from underestimating risks, to failing to […] The post Is Your Business Underinsured? Heres How to Find Out!

Property Damage 52

Property Damage Damage Claim Risk 52

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.

Policy 130

Policy Risk Insurance Insurer 130

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.

Workers Compensation 52

Workers Compensation Liability Property Damage Injury 52

Shield Insurance Agency

MARCH 31, 2025

Running a warehouse in Michigan involves managing a variety of risks, from property damage to employee injuries. Commercial insurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. These risks can lead to significant financial losses if not properly managed.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Agency Injury 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]

Damage 130

Damage Business Interruption Property Damage Policy 130

Scott Insurance

FEBRUARY 19, 2025

However, affordable housing developers focused on rehabilitating, or rehabbing, older properties face many challenges beyond the risks associated with new construction. If heavy machinery is used in proximity to the existing apartment buildings, it raises the potential for accidents or property damage.

Underwriter 52

Underwriter Underwriting Insurance Insurer 52

Boyle Agency Insurance

FEBRUARY 3, 2025

Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable. It provides coverage for property damage and theft of building materials during the renovation process. This coverage safeguards your investment from unexpected setbacks.

Home Insurance 45

Home Insurance Theft License Insurance 45

Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

Liability 52

Liability Liability Insurance Insurance Insurer 52

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?

Risk 52

Risk Broker-Agent Insurance Insurer 52

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 52

Risk General Liability Broker-Agent Insurance 52

TGS

MARCH 4, 2025

At TGS Insurance, were here to help you understand the risks of driving uninsured and why securing the right coverage is a smart move for every Florida driver. 10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident.

Auto Insurance 52

Auto Insurance License Insurance Insurer 52

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. Identifying Your Business’s Key Risks Different businesses face different challenges. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Agency General Liability 40

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. Distinguisheds coverage options, cost factors, and tailored solutions are designed to protect Chicagos property owners. In Chicago alone, more than 2.7

Broker 52

Broker Liability Broker-Agent Building 52

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 52

Risk Broker-Agent Insurance Insurer 52

The Property Insurance Law Observer

FEBRUARY 14, 2024

The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.”

Policy 130

Policy Deductible Damage Property Damage 130

Relation

SEPTEMBER 12, 2023

Each year, hurricane season presents a significant risk to homeowners. Not limited to coastal areas, hurricanes are dangerous and can cause major property damage due to storm surge, wind damage and flooding. Download these helpful Hurricane Preparedness Resources.

Property Damage 52

Property Damage Damage Risk Insurance 52

Freeway Insurance

JANUARY 3, 2025

These drivers are often seen as higher risk by insurers, which can lead to higher premiums even before the 2025 hike. On January 1, 2025, California raised its minimum liability insurance requirements, nearly doubling the mandatory coverage for bodily injury and property damage.

Auto Insurance 98

Auto Insurance Premium Liability Insurance 98

Jackson & Jackson

JANUARY 10, 2024

Property Damage : Traditional cyber policies typically don’t cover physical damage caused by cyber events. General Liability Insurance: to help cover claims your business caused property damage or bodily injury. This can be a critical gap for tech companies with significant physical assets.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. One of the most crucial aspects to consider is commercial property insurance. This is crucial if someone is injured on your property.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Protect Commercial Insurance

APRIL 4, 2025

. – Renewed Confidence : Knowing that they have a secure income stream increases landlords confidence in their property investments, allowing them to make informed decisions about future expansions or renovations. – Pest Infestations : Infestations can bring about serious disruptions and health risks.

Out-Of-Pocket 40

Out-Of-Pocket Insurance Insurer Insured 40

Corvus

JUNE 18, 2024

It’s not hard to understand why — the risk of unruly equipment and product mishaps are both common and completely tangible. It’s a newer risk that exists behind screens, not wet floor signs. But the financial and reputational repercussions from cyberattacks are just as real as property damage, and hurt businesses of all sizes.

Cyber 40

Cyber General Liability Property Damage Liability Insurance 40

Shield Insurance Agency

AUGUST 20, 2024

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Triple-I: Homeowners Insurance

NOVEMBER 5, 2024

Every dollar invested in disaster resilience could save 13 in property damage, remediation, and economic impact costs, suggesting risk mitigation and recovery strategies will become even more essential as natural catastrophe severity increases.

Premium 59

Premium Risk Property Damage Damage 59

Scott Insurance

JANUARY 28, 2022

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. Risk Management Considerations There are many factors that come into play when considering the environmental conditions that lead to the growth of mold.

General Liability 52

General Liability Deductible Liability Property Damage 52

LexisNexis

JANUARY 28, 2025

Insuring Construction Risks through Commercial General Liability Policies Scrutinize the risks covered by the commercial general liability (CGL) policy and how to specify in a construction contract the insurance to be obtained so that coverage for construction risks is maximized.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

LexisNexis

JANUARY 28, 2025

Insuring Construction Risks through Commercial General Liability Policies Scrutinize the risks covered by the commercial general liability (CGL) policy and how to specify in a construction contract the insurance to be obtained so that coverage for construction risks is maximized.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

LexisNexis

OCTOBER 8, 2024

OpenAI Expressed Deep Concerns About California Bill California’s SB 1047 , also known as the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act, by Scott Wiener (D), in simple terms, would have required major AI developers to implement security protocols to avoid causing mass casualties or major property damage.

Property Damage 98

Property Damage Risk Damage Building 98

Scott Insurance

FEBRUARY 10, 2023

Given the increasing number of projects, our team has determined the following liability considerations and risk management strategies. Contractual risk transfer shifts liabilities and associated costs from one party or its insurer to another party or its insurer. The insurer will require appropriate contractual risk transfer.

Liability 52

Liability Policy Risk Property Damage 52

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Start by evaluating your specific risks. Failing to update your policy can leave gaps in coverage that expose your business to unnecessary risk.

Business Interruption 52

Business Interruption Theft Liability Insurance 52

Bankers Insurance

MAY 16, 2024

Sustained losses inflicted by natural disasters spurred some insurance companies to pull out of the homeowners insurance market in high-risk areas, such as California and Florida, leaving residents with fewer options and higher prices. Reduce liability risks. billion each.

Home Insurance 52

Home Insurance Policyholder Insurance Insurer 52

Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

Claim 52

Claim Property Damage Building Property Insurance 52

Protect Commercial Insurance

SEPTEMBER 20, 2024

It covers you against claims of property damage, personal injury, or negligence. Without this insurance, not only do you face the risk of hefty compensation claims, but you could also incur significant fines from regulatory bodies. Assessing Business Risks Every business is unique and so are its risks.

Liability Insurance 52

Liability Insurance Liability Insurance Insurer 52

ProWriters

APRIL 3, 2024

Today’s dynamic business environment and litigious society pose several risks to businesses. E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage.

Liability 52

Liability Cyber Claim Policy 52

Risk Management Monitor

NOVEMBER 8, 2021

At times, elevating the accuracy of a property value estimate can provide significant advantages during the insurance placement process. The key for risk managers, brokers and insurers is to recognize situations in which an accurate and comprehensive property valuation is critical.

Commercial Property 75

Commercial Property Insurance Insurer Insured 75

Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Insurance providers offer customizable coverage options.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Jackson & Jackson

NOVEMBER 16, 2024

Running an IT business in California comes with unique risks and challenges. General Liability Insurance Even in a digital world, physical risks exist. If a client trips over cables during a meeting at your office or your equipment damages their property, General Liability Insurance provides coverage.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52