article thumbnail

Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

The Security Service said it’s conducting a preliminary investigation into the crime … Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months.

Crime 264
article thumbnail

How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry

Scott Insurance

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums.

Crime 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters. General liability insurance: Coverage for legal claims related to customer injuries or property damage.

article thumbnail

The Ultimate Guide to Office Insurance: Protecting Your Business Assets

Protect Commercial Insurance

. – Contents Insurance : Covers items such as office furniture, computers, and other equipment. – Public Liability Insurance : Protects against claims made by third parties for injuries or damages occurring on your office premises. – Employer’s Liability Insurance : Required by law if you employ staff.

article thumbnail

How Partnering With a Cyber Insurance Broker Protects Your Clients

ProWriters

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

article thumbnail

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

This multimillion dollar payout goes far and above many apartment building liability insurance limits and highlights why having comprehensive umbrella insurance to fall back on can be so important for your clients. Employee Benefits Liability insurance steps in to cover the benefits as if the employee had been enrolled.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Factors Influencing Premiums Understanding what affects your insurance premiums can help you make informed decisions. Several factors contribute to the cost of your commercial property insurance premiums: – Location of the Business : A business located in an area prone to crime or natural disasters may face higher premiums.