As your Big “I” coverage gurus watched generative AI exclusions brought into the commercial general liability policy, we knew they would soon become a part of many liability policies. While…
A recent Arizona mishap highlights the importance of pollution liability coverage for contractors. Many plumbing and other contractors work under the misunderstanding that their general liability coverage is sufficient to…
Our Ask an Expert service answers this question. Q. Should we obtain a new signed application from a client we obtain via AOR or BOR? Or should we contact the former agent to obtain…
When Medicare Annual Enrollment Period (AEP) ends, the immediate pressure lifts, but the most instructive phase often begins. Phones are quiet. Deadlines pass. Teams finally have room to reflect on how the…
Not all agency errors & omissions carriers and policies are alike. While it’s always tempting to use price as the primary factor in selecting coverage, this information can help you…
Defective work in construction projects often leads to more than just repair costs. Contractors must also account for “rip and tear” expenses—the costs of accessing and removing faulty components—which can…
Today’s insurance agents and brokers must recognize new and emerging risks and rapidly evolving coverage limitations to help best protect their customers. For over two decades, Verisk, or ISO as we old-school…
As part of their agency’s best practices, many agents require their commercial clients to obtain hire and non-owned coverage to protect the agency against errors & omissions claims when their…
Obtaining business through an Agent or Broker of Record (AOR/BOR) is a popular sales tactic these days. Our Ask an Expert service answers the question: Should we obtain a new…
Workers’ compensation fraud experts estimated in 2022 that work comp fraud cost the U.S. $34 billion (about $100 per person in the US) annually. This number excludes self-insured employers. This…
