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    FLOOD INSURANCE CHANGES

FLOOD INSURANCE CHANGES

Is this the year that private coverage finally takes hold? As summer 2017 got underway, congressional Republicans were struggling to enact major components of their agenda on trade, taxes, and healthcare. Things appeared to be moving along fairly smoothly, however, on an issue of particular concern to property insurers: reform and reauthorization of the debt-plagued National Flood Insurance Program (NFIP), due to expire on September 30. The House and Senate

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    A FOCUS ON SPECIAL EVENTS

A FOCUS ON SPECIAL EVENTS

Managing risks is key to success in the events arena It wasn’t your typical event exposure. What was intended to be a speech erupted into a demonstration that turned violent. Windows smashed, fireworks shot at buildings, and a light pole set ablaze caused the police to halt the event at the University of California at Berkeley—a speech to be given by controversial “alt-right” speaker Milo Yiannopoulos. Be it political heat

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    CONSTRUCTION INSURANCE MARKET ADJUSTING TO NEW CONDITIONS

CONSTRUCTION INSURANCE MARKET ADJUSTING TO NEW CONDITIONS

Knowledge of general and professional liability exposures and adequate covers can set agents apart Judging from the rhetoric of the 2016 U.S. political campaign, one might have expected to see cranes and other heavy equipment popping up like weeds throughout the American landscape. At times, it seemed that there was only one thing most Americans and the major political parties could agree on: Substantial public building projects, financed with low

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    FOCUS ON ARCHITECTS AND ENGINEERS INSURANCE

FOCUS ON ARCHITECTS AND ENGINEERS INSURANCE

Soft insurance market meets design professional business growth In market terms, the architects and engineers (A&E) insurance market in 2016 was soft. A survey of nearly 80% of the A&E market conducted by specialty broker Ames & Gough revealed flat pricing for over half of the insurers (53%). Though a minority saw higher rates (16%), 32% did see rates fall. A comparison of 2016 to the 2015 survey results shows

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    CONSTRUCTION CLAIMS

CONSTRUCTION CLAIMS

A guide for those who don’t have time for YouTube videos Do you ever wonder what causes construction cranes to collapse? What about heavy equipment mishaps—how do they come about? If you have time—and if you’re easily distracted, allow lots of time—head to YouTube.com and search “crane accidents” or “heavy equipment accidents.” You’ll find compilations of the “10 Worst” or “Real Life” accidents—hundreds of videos, often 10 minutes or more

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