Commercial Lines

Many businesses use independent contractors. While the “principal” (owner) is usually not liable for the actions of an independent contractor, third parties can make claim or sue the owner on…

High temperatures and drought conditions caused a golf course, despite its mitigation efforts, to lose most of its greens. A severe storm downed dozens and dozens of trees on a golf…

Agents who’ve experienced a hard market know that claims are often scrutinized much closer than they are in a soft market. Unfortunately, there are circumstances that sometimes lead to the…

The ISO business income form(s) includes coverage for loss arising out of a civil authority prohibiting access to the insured’s premises due to direct damage by a covered peril to…

In a number of recent hurricanes, civil authorities ordered mandatory evacuations before the storms made landfall. The ISO Business Income form applies to losses arising from orders of civil authority…

This question was posted to our “Ask an Expert” service from a Big “I” member: “What is the business Income exposure for a nonprofit organization? We understand the extra expense…

An apartment building is located in an area where a building ordinance mandates a certain amount of parking space per unit. As a result, if the building was rebuilt at…

The tragic December 2007 shooting of innocent shoppers at an Omaha, Nebraska shopping mall brought two quick questions to the VU “Ask an Expert” service. The entire mall was closed…

If a business is operating at a loss, do they need business income coverage? The answer is usually “yes,” though they may or may not be able to recover from…

In 2003, Safeco published the results of a survey of small business owners indicating that over half of them do not have business income coverage. Why do so many businesses…