https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2090/KEEP-YOUR-CLIENTS-OUT-OF-HARM%E2%80%99S-WAY/
... easy. This article addresses two specific issues that might indirectly affect more of your clients than you realize. ADEQUATE REPLACEMENT COVERAGE If your clients' homes or business properties were destroyed tomorrow, would they have adequate replacement coverage? The cost of materials has escalated significantly over the past few years. Lack of availability for items such as copper, plywood, steel, studs, and rebar have greatly increased residential and non-residential building costs. According to a recent report from Marshall & Swift/Boeckh, up to 65% of the homes in the U.S. are underinsured by an average of 27% . It certainly appears that Property coverage has failed to keep pace with the inflation of building materials. Unless you're increasing your clients' coverage accordingly, they might face exorbitant bills if their home or other ... CLIENTS OUT OF HARM'S WAY by Curt Pearsall Lessons from natural disasters can help you protect your clients- and minimize your E&O exposure. Although your clients might not have suffered from a natural catastrophe, that doesn't mean you can rest easy. This article addresses two specific issues that might indirectly affect more of your clients than you realize. ADEQUATE REPLACEMENT COVERAGE If your clients' homes or business properties were destroyed tomorrow, would they have adequate replacement coverage? The cost of materials has escalated significantly over the past few years. Lack of availability for items such as copper, plywood, steel, studs, and rebar have greatly increased residential and non-residential building costs. According to a recent report from Marshall & Swift/Boeckh, up to 65% of the homes in the U.S. are ...
https://completemarkets.com/Article/article-post/2090/KEEP-YOUR-CLIENTS-OUT-OF-HARM%E2%80%99S-WAY/
...nd rebar have greatly increased residential and non-residential building costs. According to a ... your Personal Lines and Commercial Property clients about their ITV and take...
https://completemarkets.com/Article/article-post/201/Professional-Designations-For-CSRs/
...e-day courses covering personal residential property, Personal Auto exposures, Commercial Property coverage, Commercial Casualty insura...
https://completemarkets.com/Article/article-post/71/Discovering-New-Niche-Programs-In-Commercial-Lines/
...nsurance product for California residential contractors that build condos or t...
https://completemarkets.com/company/the-harrison-group/Articles/content-package/Member-Content/TabCategory/article-post/2551/When-You-See-These-Governing-Codes-Think-Pride-Risk-For-Workers%E2%80%99-Comp/
... program covers high-risk insureds in a wide range of industries. Some of the most common governing codes covered under this solution include: Manufacturing HVAC/ Sheet Metal Masonry Landscaping Electrical/ Plumbing/ Painting Food Processing Bakeries/ Hospitality Warehouse Operations Trucking/ Transportation Heavy Construction (Excluded in NY) Cold Storage Retail/ Wholesale Staffing (Excluded in NY) Seasonal Operations (Advised Upfront) Property Mgmt. Janitorial/ Residential Cleaning Multiple Factors Affect the Cost of Workers' Comp In addition to the governing codes discussed above, the following factors are good indicators that a company might benefit from the Pride Risk workers' comp solution. Experience Modifiers over 1.00 Cancelled / Non-Renewed Coverage / Gap in Coverage Large Losses / Poor Claims Experience Few or no options other than the State Insurance Fund Clients with these attributes often have trouble ... These Industries The Pride Risk program covers high-risk insureds in a wide range of industries. Some of the most common governing codes covered under this solution include: Manufacturing HVAC/ Sheet Metal Masonry Landscaping Electrical/ Plumbing/ Painting Food Processing Bakeries/ Hospitality Warehouse Operations Trucking/ Transportation Heavy Construction (Excluded in NY) Cold Storage Retail/ Wholesale Staffing (Excluded in NY) Seasonal Operations (Advised Upfront) Property Mgmt. Janitorial/ Residential Cleaning Multiple Factors Affect the Cost of Workers' Comp In addition to the governing codes discussed above, the following factors are good indicators that a company might benefit from the Pride Risk workers' comp solution. Experience Modifiers over 1.00 Cancelled / Non-Renewed Coverage / Gap in Coverage Large Losses / Poor Claims Experience Few or no options other than the State Insurance Fund Clients with ...
https://completemarkets.com/Article/article-post/2551/When-You-See-These-Governing-Codes-Think-Pride-Risk-For-Workers%E2%80%99-Comp/
... Property Mgmt.
Janitorial/ Residential Cleaning
Multiple Factors Affect ...
https://completemarkets.com/Article/article-post/2800/Best-Insurance-Plans-That-Protect-Large-Scale-Contractor-Operations/
...ual commercial premiums; serves residential and commercial contractor operatio...sation, Commercial Auto, Commercial Property, Inland Marine (tools and equipme...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/70/If-The-Niche-Fits-Designing-The-Niche-Program-Questionnaire/
... and Commercial Lines: Specialty Program Q & A Q. What is the class of business and target market? A. A narrowly defined target market is crucial to understanding the type of risk. Some underwriters also call this the class of business. A short description of your niche will suffice. For instance, say you're interested in writing artisan and specialty contractors, security guards, general contractors that do residential construction, dwelling policies, or drivers with four accidents in the last three years. Q. What lines of insurance will be offered and at what limits? A. The approach here would be to state that you are interested in writing the Professional Liability for a home inspector or the General Liability for an artisan and specialty contractor. Retail producers should pay careful attention to the line of business ... type of coverage required. Also of significance is the amount of the policy limits. Policy limits obviously will vary by class of business. It might be $1 million combined single limit for an independent trucker, or statutory limits for a Nonstandard Auto policy. Producers must do their homework to find out what the policy limits should be. Q. Who are your major competitors? A. The Property/Casualty industry is highly competitive, with many insurance companies operating through independent agents. And since agents represent more than one company, carriers face competition within each agency. Insurers compete with underwriting criteria, pricing, automation, service, and product design. Competition in the Surplus Lines market has stiffened in recent years as standard market capacity increased and prices decreased. Specialty niche insurance programs are equally ...