Agency Height

JULY 31, 2025

Agency Height July 31, 2025 For Insureds Key Takeaways Insurance premiums are based on shared risk, not just your individual home. Location and neighborhood claims history play a major role in rate calculations. No damage to your home, no claims filed… and yet, your home insurance premium goes up at renewal. Sounds unfair?

Premium

Prof. Allan Manning

JANUARY 29, 2025

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. I also touched on commercial liability coverage. This timeline may be disrupted as I am scheduled to go to Vanuatu to assist with earthquake claims next week.

Policy

Property Insurance Centre

FEBRUARY 24, 2025

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe.

Liability

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

Workers Compensation

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. Identifying Your Business’s Key Risks Different businesses face different challenges.

Commercial Insurance

American Agents Alliance

APRIL 3, 2025

For example, the cost of repairing damaged property like vehicles and homes could increase because these items rely on imported goods, which will be more expensive after tariffs are increased. This drives up the cost to repair, impacting claims costs. This could cause higher rates in commercial property and homeowners lines.

Agents

Distinguished

APRIL 9, 2025

Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. Specialization: Brokers typically offer a broad range of standard insurance products, while MGAs specialize in niche markets like cyber liability, HOA insurance, and high-risk commercial properties.

Agents

Property Insurance Centre

MARCH 11, 2025

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. Many insurers require more detailed valuations and risk assessments due to the higher sums insured.

Risk

LexisNexis

MAY 28, 2025

Learn about response strategies for coverage counsel to consider as insurers brace for litigation and policyholders prepare to push back on denied claims. Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area.

Commercial Property

Property Insurance Centre

JANUARY 30, 2025

Empty properties pose higher risks, including: Security concerns Unoccupied units are more vulnerable to vandalism, break-ins, and squatting. Fire risks An unoccupied space can become a target for arson or suffer unnoticed electrical faults. Maintenance issues Leaks, dampness, or structural problems may go unnoticed.

Property Insurance

Property Insurance Centre

MARCH 21, 2025

This diversity in building age and structure affects insuranceolder buildings may face higher premiums due to maintenance risks, while newer developments may require higher coverage for cutting-edge amenities. Insurers often request an EWS1 form or similar documentation to assess fire risks.

Premium

Distinguished

JUNE 16, 2025

However, the bottom line is that whether required by law or not, carrying adequate insurance isn’t optional for HOAs — it’s essential to protect the community and its board members from serious financial risk. defamation or discrimination claims). What Does HOA Insurance Typically Cover? past directors) or all suits (i.e.,

Liability

Property Insurance Centre

MAY 2, 2025

The additional premium could be as little as 25 and can give up to 250,000 worth of cover for any one claim. Many insurers will require a fully maintained theft alarm with evidence of annual servicing in the event of a claim for theft, for example. Fire Cover : Fire cover is standard cover.

Insurance

Property Insurance Centre

JANUARY 27, 2025

We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.

Building

Property Insurance Centre

JUNE 5, 2025

Note, trace & access is only payable when there is a valid claim or leak. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. The cost of which cant be reclaimed if a floor is ripped up to find there is no leak!

Insurance

Property Insurance Centre

JULY 14, 2025

Some key scenarios where APAs are considered: The tenant is two months or more behind on rent The tenant has addiction, mental health, or budgeting issues The landlord is at risk of eviction or legal action due to arrears But APAs aren’t guaranteed—and they can take weeks to process. What Should You Do If Rent Isn’t Coming In?

Property Insurance

Bankers Insurance

AUGUST 8, 2024

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Additionally, property undervaluation can result in coinsurance penalties. inflation).

Commercial Property

Protect Commercial Insurance

OCTOBER 11, 2024

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

Commercial Property

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. One of the most crucial aspects to consider is commercial property insurance. This is crucial if someone is injured on your property.

Commercial Property

Property Insurance Centre

AUGUST 12, 2024

Automatic Fire Alarms in Commercial Properties New Rules 2024 As of October 2024 the London Fire Brigade will cease to attend alarms at commercial properties between the hours of 7am & 8:30 pm. It has been found that 99% of alarms at commercial properties are, in fact, false alarms and take up significant resources.

Commercial Property

Jackson & Jackson

APRIL 29, 2024

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

Commercial Property

Jackson & Jackson

APRIL 10, 2024

Investing in commercial property is a significant step for any entrepreneur or business entity. Insurance plays a pivotal role in safeguarding your property and your financial future. Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property.

Commercial Property

Risk Management Monitor

AUGUST 9, 2022

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

Damage

Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. However, with great opportunities come great risks. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments.

Property Insurance

Distinguished

AUGUST 27, 2024

NEW YORK – Distinguished Programs (“Distinguished”), a national insurance program manager , is pleased to announce the appointment of Ashley Mehyo as Vice President of Claims for its Fine Art and Collectibles program. In her new role, Ashley will lead all aspects of the claims function for the Fine Art and Collectibles insurance group.

Claim

Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builder’s Risk insurance is growing. What Does Distinguished’s Builder’s Risk Cover?

Risk

Distinguished

SEPTEMBER 10, 2024

From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. To address these diverse risks, Distinguished’s Builder’s Risk Program offers tailored solutions for Alabama’s construction needs.

Risk

Distinguished

AUGUST 26, 2024

However, alongside all of this construction comes large financial risks. For this reason, the need for comprehensive Builder’s Risk Insurance solutions is growing. Distinguished’s Builder’s Risk Program covers all kinds of buildings in Michigan, including single-family homes , mixed-use buildings , and commercial properties.

Risk

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. The reported property value will drive premium amounts and, importantly, represents the property loss exposure. Changes in costs Over time, some property costs will change more than others.

Commercial Property

Property Insurance Centre

JULY 21, 2024

Our Claims Partner, Aspray, Wins Loss Assessor of the Year 2024 We are delighted but not surprised to announce that our claims partner, Aspray, has won the prestigious “Loss Assessor of the Year 2024” award at the British Claims Awards.

Claim

Property Insurance Centre

JANUARY 4, 2024

. “The increasing frequency and severity of weather events have made it imperative for insurers to reassess their risk models and coverage options,” says weather expert Dr. Emma Thompson. This table clearly demonstrates the significant financial impact of weather events on property insurance companies and the insureds they serve.

Property Insurance

Property Insurance Centre

JANUARY 16, 2025

Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. million properties at risk, according to the Environment Agency.

Commercial

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking.

Insurance Policy

Property Insurance Centre

NOVEMBER 11, 2024

In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. Let’s have a look at them… Don’t claim for everything – One thing insurers do not like, is a policyholder that claims over multiple times a year & for the smallest thing.

Insurance

Property Insurance Centre

OCTOBER 18, 2024

Recent data from 2023 and 2024 highlights the financial strain on insurers and property owners alike, driven by more severe storms, heavy rainfall, and unpredictable weather patterns. Rising Claims Due to Extreme Weather In 2023, UK insurers faced record-breaking claims from weather-related damage.

Property Insurance

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Start by evaluating your specific risks. Failing to update your policy can leave gaps in coverage that expose your business to unnecessary risk.

Business Interruption

Zywave

NOVEMBER 20, 2024

Additionally, ongoing acceleration of cyberattacks have led to growing concerns around data privacy and cyber warfare risks. It is crucial for businesses to maintain documented workplace policies fostering a culture of inclusion and mitigating risk in these areas.

Workers Comp