The insurance industry has long been concerned with the impact of catastrophes (CAT) on their financial stability. The reinsurance market exists to smooth our results when a catastrophe strikes to maintain carrier solvency and market stability. Twenty-five years ago, the CAT concerns were hurricane and earthquakes. These exposures were geographically centered and were managed by monitoring the values accumulated in given areas. Managing and reporting your exposure accurately

We Have a Great Opportunity. With the holidays quickly closing in I have a hard deadline to meet. My client needed his insurance program put together and bound by Thanksgiving. After that he was too busy to discuss insurance. Named Insured was Santa Claus. I still need to determine the type of entity we need to insure. Is this an LLC, C Corp, or a partnership? If other entities are involved, we need all the details for the correct named insureds. Property coverage is for a w

Contractors’ equipment (CE) insurance is designed to insure machinery, equipment and tools of a mobile nature that may be away from your locations listed on a property policy.

Many businesses have goods stored off site in warehouses owned and operated by others. Many homeowners have a storage unit they rent to...

Businesses must deliver their goods. In most cases this means by planes, trains, and automobiles. This means that your goods leave your...