Insurance Journal

MAY 12, 2025

Commercial property insurer FM announced an enhanced $1 billion membership credit for eligible mutual policyholders, allowing client-owners to receive more credit sooner. Johnston, Rhode Island-based FM said May 5 that with this year’s credit, FM will have returned more than …

Commercial Property

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

Property Insurance Centre

JANUARY 4, 2024

With higher rates and greater net participations, primary insurers face challenges in balancing affordability for policyholders while maintaining the necessary coverage to protect against risks. By obtaining accurate and up-to-date property valuations, insurers can ensure that the coverage provided aligns with the true value of the property.

Property Insurance

Property Insurance Centre

MARCH 19, 2024

By understanding key terms, policy details, and the rights and responsibilities of policyholders, consumers can engage with insurers more effectively, ensuring better communication and ultimately achieving their desired outcomes. By exploring these guides, individuals can gain a comprehensive understanding of why insurance is essential.

Property Insurance

Hunton Andrews Kurth

MARCH 11, 2021

Nashville Underground LLC—“nationally acclaimed, seven-story restaurant, bar, night club and live music venue” located in downtown Nashville—procured a commercial property policy from AMCO Insurance Company (AMCO) to protect it from fortuitous catastrophic events.

Business Interruption

Property Insurance Centre

NOVEMBER 11, 2024

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 should be there for you when you need it most, and good property management, should mean there is a kitty available for certain incidents that may occur.

Insurance

Property Insurance Centre

JULY 21, 2024

Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage. Key Factors Behind Aspray’s Success 1.

Claim

Protect Commercial Insurance

DECEMBER 6, 2024

This transparency builds trust between insurers and policyholders, as all parties have access to the same information. – Predictive Maintenance : For commercial property insurance, IoT sensors can detect issues before they cause damage, such as identifying a water leak or a temperature anomaly.

Commercial Insurance

Majesco

APRIL 11, 2024

US commercial Property and Casualty insurers have obtained incredibly high results in avoiding water, non-weather losses, using IoT solutions for risk prevention. These are still missed opportunities if insurers aren’t taking advantage of them, and they represent a large portion of the portfolio of commercial property insurers.

Commercial Property

Property Insurance Centre

SEPTEMBER 25, 2024

A: Understanding the fine print helps you avoid surprises and ensures you know the scope of coverage, any limitations or exclusions, and what is required of you as the policyholder.

Building

Property Insurance Centre

JANUARY 30, 2024

Excess refers to the amount of money that the policyholder must contribute towards a claim. It is crucial to understand these exclusions to avoid any surprises when it comes to making a claim. Excesses are another important aspect to consider when buying a policy.

Building