Water is everywhere—and it could damage your home and property. From torrential downpours to faulty plumbing, your home could face water-related exposures from many different directions. When it comes to water damage, one exposure that threatens homeowners is sewer...
Workplace violence is no longer a background issue. It’s increasingly front and center in the national conversation. With frequent headlines about mass shootings and on-the-job assaults, the topic has garnered growing attention from the public and policy makers....
From the nineties to the present today, industrialized and developing countries have been living in an increasingly digitized world. Around every corner, in every store or home, there is a screen tapped directly to the internet and relaying information to its user....
Until recently, wildfires followed a seasonal pattern. Primarily, we saw dangerous wildfires spread through the summer and fall months, and then a cooler period during the winter and spring when businesses countrywide would have the opportunity to rebuild and recover....
High-value equipment plays a critical role in rehabilitation services. From physical therapy machines to diagnostic tools, these assets impact patient care and daily operations directly. For insurance agents, understanding the financial risk tied to this equipment is...
When the commercial insurance market tightens, agents and brokers often become the frontline to answer client questions about nonrenewals, midterm cancellations and rate hikes. Fortunately, New York Insurance Law Section 3426 offers a detailed playbook on how...
In New York state, personal-lines insurance policies come with a tightly regulated framework under Insurance Law Section 3425, setting specific rules for when and how policies can be canceled or nonrenewed. As an agent or broker, understanding these nuances isn’t just...
The term hoarding can bring some horrific images to mind—mostly due to several television shows on the topic. However, being as it’s TV, and they need drama and the dramatic, what is shown on TV is often some of the worst cases. That doesn’t mean hoarding should be...
Macroeconomic factors and the marketplace have created favorable conditions for the insurance industry (as a whole) leading to strong, consistent profitability. While the industry continues to offer benefits like stability, recurring revenue and a robust secondary market, new challenges have emerged that can impact the insurance business negatively and create additional risk.
Even if your clients and colleagues have only a passing interest in politics and world affairs, you have probably heard them talk about the tariffs proposed by President Donald Trump. While it is generally understood that these tariffs mean an increased price on goods...
