Questions can help your clients choose The National Flood Insurance Program has been the main flood insurance provider in the United States since its inception in 1968. But is it always the best option for your clients? Private flood insurance provides...
Comedian John Oliver aired a segment on his show Last Week Tonight in 2017, about a coal billionaire named Bob Murray.[1] The story portrayed Murray negatively—due to his handling of the 2007 Crandall Canyon Mine Collapse—and included language that is not appropriate...
Independent agents have relationships with various insurance carriers. Each carrier has its own set of tools and resources to help agents educate their clients about what will happen when they file a claim—before, during and after. By working together, agents and...
You may be aware that Jurassic World Dominion was released earlier this month. Dominion is the (checks IMDB) sixth Jurassic Park/World movie. The release of JWD has caused me think about the “Jurassic” premise as whole. First, let me say I am a huge Jurassic Park fan....
The answer to the question posed in the headline is because many excess- and surplus-lines insurance companies’ actions are covered by the contract. Have you ever asked yourself why E&S insurance carriers can cancel a policy with only 30 days’ notice when in most...
With spring underway, bringing large amounts of rain and snowmelt, it’s more important than ever that agents are doing their best to educate homeowners about flood insurance. Recent data from the Federal Emergency Management Agency indicates that the U.S. has...
Traditionally, a legacy is something that is handed down from one generation to the next. In the legal world, it is literally an amount of money or property left to someone. More philosophically, a legacy can be an idea, mission, or purpose that future generations are...
Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
While the headline of this article may sound like a fun little pun, let’s face facts: If insureds are not honest, there can simply be no effective insurance policy come claim time. As a commercial-lines agent and account executive for eight years now, I have...
In today’s business environment—especially during the pandemic—businesses needed to find a way to stay afloat. This means that accounts, both big and small, have had to find a way to expand their reach both domestically and internationally. Small- to medium-sized...