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10 Surety Underwriting Concerns
Surety bond underwriting is essentially the pre-approval and evaluation of the two bond performance requirements. These requirements were determined...
Wrap Administration Duties
So, you’ve decided on a Wrap-Up for your next project. You know your broker can secure the policies needed for a Wrap-Up. But that’s just part of the...
The Importance of a Feasibility Study
A key factor when considering a CIP or Wrap-Up is having the broker conduct a feasibility study for the Wrap-Up Sponsor. A feasibility study is a...
Wrap-Ups Lower Your Project Cost
Expensive insurance premiums are often buried into the cost of your building projects. This can add millions to what you pay and provide little...
Top 5 Risks That HVAC Contractors Face
As a contractor working in the HVAC industry, you find there is always a demand for heating and cooling services. Each household and business have...
Developing with a Wrap-Up
Construction projects present unique risks and complexities that are a distinct departure from your overall insurance needs as a real estate...
Florida Tort Reform Bill Becomes Law
On March 24, 2023, Florida’s governor signed a new tort reform bill (H.R. 837) into law (the “Act”). The Act changes areas of Florida law that have...
The Importance of an Insurance Consultant
Imagine purchasing products that are deceptively difficult to understand and how much it should actually cost. There is a Latin phrase, “Caveat...
The Global Insurance Resilience Gap
The popularity around utilizing resilience as a risk management tool is growing. Resilience can be defined as reducing the impact of a disturbance....