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Blogs – Insurance Journal
Homeowners’ Form and Endorsement Changes Coming in ISO’s 2022 Multistate Filing
Insurance Services Office (ISO) has released to Big I’s Virtual University the upcoming Homeowners’ multi-state filing tentatively effective beginning in March 2022. Yes, 2022. Eleven years have passed since ISO’s last major multi-state filing, so this is major. Within this …
POSTED MAY 14, 2021 5:09 PM |
How Sureties and Contractors Can Mitigate Performance Defaults
This post is part of a series sponsored by Old Republic Surety. When contractors have a project that is in danger of default, they sometimes mistakenly believe that their surety bond is equivalent to an insurance policy. They also may …
POSTED MAY 07, 2021 10:59 PM |
Business Income and the Supposed Ambiguity of “…Direct Physical Loss of or Damage To…”
We thank friend of the Academy, Christopher J. Boggs for this guest post. Courts are being asked to decide whether the phrase, “direct physical loss of or damage to” property at the premises unambiguously excludes the presence or presumed presence …
POSTED MAY 05, 2021 5:04 PM |
The Personal Touch: The Agent-Client Connection in a Digital World
This post is part of a series sponsored by ITC (Insurance Technologies Corporation). I like to say that I want to have a person in my life for everything. I have a financial advisor, I’ve got a mechanic, a physical …
POSTED MAY 03, 2021 5:00 PM |
Are Brokers in for a Tsunami of Pandemic- Related E&O Claims in 2021?
This post is part of a series sponsored by Worldwide Facilities, an Amwins Company. In November 2020, attendees of the Professional Liability Underwriting Society’s first-ever virtual conference warned insurance brokers they should expect agency errors and omissions (E&O) claims to …
POSTED APRIL 27, 2021 5:00 AM |
Charting COVID: 1 Year In!
On March 20,2020, I began tracking COVID – specifically the daily numbers of new cases, deaths and recoveries. I undertook this task for several reasons: I enjoy data, I wasn’t going anywhere for a while, but more specifically so that …
POSTED APRIL 21, 2021 3:47 PM |
Protect your clients from common employee crime schemes
The U.S. economy is bouncing back from the COVID-19 recession faster than anticipated. But the recovery is uneven. While some businesses are already seeing pre-pandemic levels of activity, others continue to face uncertain economic times. As businesses continue to contend …
POSTED APRIL 20, 2021 5:00 AM |
Is It M for Thousand and MM for Million, or K for Thousand and M for Million? I’m Asking for a Friend
This post is part of a series sponsored by Old Republic Surety. If you’re confused about the letter designations that stand for thousands and millions, you’re not alone. And it’s not your fault. In fact, it’s one of our most …
POSTED APRIL 19, 2021 5:54 PM |
Why Character Is So Important for Underwriting Surety Bonds
This post is part of a series sponsored by Old Republic Surety. When a surety company asks personal questions of construction clients, they may think the surety is too invasive. Here’s why the answers to those questions are so important …
POSTED APRIL 08, 2021 8:05 PM |
Leveraging carrier technology to support small business customers
This post is part of a series sponsored by The Hanover Insurance Group. The small commercial market offers tremendous opportunities for agents to increase their market share more than ever before, particularly for those who leverage technology to effectively and …
POSTED APRIL 02, 2021 5:00 AM |
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