RESIDENTIAL ASSOCIATION INSURANCE It’s anyone’s guess how COVID-I9 will affect coverage for condominium and homeowners associations By Joseph S. Harrington, CPCU Like every other sphere of life, property and liability insurance for condominium and homeowners associations will be upended by the COVID-19 pandemic, and Bob and Ed Mackoul, father and son, will witness it from both ends of the risk spectrum. Edward Mackoul, CEO of Mackoul Risk Solutions, indicates that
Specialty Lines
Specialty Lines Markets FOCUS ON THE RESTAURANT AND BAR MARKET With dining rooms and gathering establishments closed, how has theCOVID-I9 pandemic affected the market? By Lori Widmer In almost every line of business and in nearly every industry, a pandemic changes just about everything. Market predictions from 2019—or even early 2020—are no longer relevant. In fact, the market’s outlook was recast almost instantaneously by an individually defined inflection point. It
DEALING WITH A PANDEMIC How to help cannabis and hemp companies manage risk and plan for continuity By Summer Jenkins, CLCS The coronavirus pandemic is having a startling impact on global economies. Medical equipment shortages, empty supermarket shelves and oscillating stock prices are all indicative of two glaring truths: America was not prepared for an event of this scope, and business owners must employ risk management and continuity planning measures
Coverholders & Risk Takers By Frank Huver LLOYD’S OF LONDON—OPEN FOR BUSINESS “Future at Lloyd’s” program helps transition firm to a virtual operating environment For many of us, the sheer scale of the COVID-19 crisis will forever change our lives. It has already fundamentally altered the way we work, play, travel, and interact with others. New phrases like “shelter in place” and “social distancing” are now a common part of
COVID-19: E&O BACKLASH With employees working from home, exposures abound … here’s what agency owners need to know By Mary LaPorte, CPCU, AINS, CIC, CPIA, LIC Pandemic. Who knew? Until COVID-19 appeared on the scene, no one gave much thought to pandemics. They were something that happened in other countries or in “doomsday” movies. We never considered how a pandemic could affect our personal lives, let alone our agencies. When
