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Mastering Inland Marine Insurance: A Broker’s Guide

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Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Despite its name, inland marine insurance has nothing to do with boats. What is Inland Marine Insurance? Who Needs Inland Marine Insurance?

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Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB

Insurance Journal

Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, according to the National Insurance Crime Bureau (NICB). Within the past 18 months, …

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. – Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters. Inland Marine Insurance to cover heavy equipment or machinery. If youre leasing, your landlord may require proof of coverage before signing a contract.

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

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Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property. These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses.

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Insuring Collectibles in New York

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Whats Covered The policy covers a wide range of risks for direct physical damage, including fire and theft, under an all-risk policy structure with broad coverage. It covers fine art, sports cards, handbags, and other collections, up to $125 million on a single risk as the primary or excess layer or on a quota-share basis.

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Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Insurance Journal

A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. The days …