Risk Managers’ Forum By Cathariya “Cat” Ferris UTILITY SERVICES COVERAGE: AN OFTEN-OVERLOOKED ENDORSEMENT What happens when a loss is caused by damage from a covered peril to property away from the insured’s premises? Hector, a restaurant owner, saw the news and knew that the hurricane was heading toward the Florida coast. Being nearly 70 miles inland, he wasn’t too concerned about catastrophic winds or any potential storm surge, but he
Commercial Lines
Dig a Little Deeper By Bruce Hicks, CPCU, CLU HOLD YOUR NOSE Flooding is an age-old property event that affects personal and commercial insureds The Court Decisions column is a popular feature in Rough Notes magazine, in part because the courtroom is where the promises made in an insurance contract often become real. All insurance professionals can develop “what if” scenarios, but until those scenarios are tested with an actual
WORKERS COMP AND COVID-19 Agents should be looking at premium audits with great care By Dennis H. Pillsbury Unfortunately, employment and the economy have taken serious hits due to the pandemic. As of this writing in early December, there are still approximately 20 million Americans who are unemployed and, although this represents an improvement from the early days of the pandemic when a shutdown of the economy occurred, all agree
Mind the Gap By Marc McNulty, CIC, CRM LESSER-KNOWN ENDORSEMENTS: PART ONE A look at commercial property and crime coverage endorsements It’s impossible for producers who are new to the industry to soak up all the knowledge needed to propose comprehensive programs to their prospects; there simply aren’t enough hours in the day. Honestly, that’s one of the reasons I love the insurance industry: Just when you start to think
Dig a Little Deeper By Dawn Jackson, AU, AINS LUNCHTIME SLIP AND FALL Is employee on scheduled break covered by workers comp? The Court Decisions column is one of the most popular features of Rough Notes magazine. One reason is that the courtroom is often where the promises made in an insurance contract become real. All insurance professionals can develop “what if” scenarios, but until those scenarios are tested with
