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Become an Attractive Risk For Underwriters
Insurance Carriers are reducing their appetite for risk and increasing premiums. This means they are being much more selective in what they are...
Court Confirms Vertical Exhaustion Rule
Insurance carriers have cited the Montrose decision since the 1995 California Supreme Court ruling in Montrose Chemical Corp. v. Admiral Insurance...
Popular Construction Insurance Acronyms – Part 1
All industries have different phrases or acronyms that are used daily. Sometimes it can be a little confusing! To help you keep them all straight,...
Understanding Subcontractor Default Insurance
Subcontractor Default Insurance (SDI) provides insurance for general contractors against a default from a subcontractor. It is a risk mitigation tool...
The Different Roles in a Property & Casualty Loss
Facing a large property loss, like a building or auto loss/damage due to fire, weather, or flooding can be daunting for an insured. Understanding the...
Say What? When Insurance Terms Sound Humorous
When you think of insurance, most of the time you don’t think of fun. However, there are some words that just make you smile when you hear them. Here...
How A Late Claims Notice Can Affect Owners
A federal appeals court ruled that Zurich Insurance was correct in denying coverage to Harvard University because of “lack of timely notice.”
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...
What is a Wholesale Insurance Broker?
A wholesale insurance broker is a type of insurance broker who acts as an intermediary between the retail broker and the insurer. Wholesale brokers...