IS THERE COMMOTION TO COME ABOUT (UN)CIVIL COMMOTION? Insurers must think clearly about what constitutes “civil commotion” and what protection insureds can reasonably expect By Joseph S. Harrington, CPCU One does not have to believe that North America is on the brink of civil war to recognize that there is profound frustration at both ends of the political spectrum. As this blog post is being written, federal, provincial, and local
Commercial Lines
AVOIDING VICARIOUS LIABILITY LANDMINES Don’t learn these lessons the hard way By Krista Mayes Some coverage forms actually stipulate that providers also need to carry their own primary professional liability limits in order for the facility’s coverage to kick in. Though it applies across a range of industries, vicarious liability is particularly important for behavioral healthcare and addiction treatment facilities, a challenging sector that our team has been serving
RANSOMWARE RAMPAGE Three courts determined that the case did not involve fraud, yet reached opposing rulings Nothing was solved by putting a coverage in place that ended up creating both an uncovered loss and a substantial litigation expense, doubling down on the error. By Bruce D. Hicks, CPCU, CLU The Court Decisions column is a popular part of Rough Notes magazine. One reason for this is that the court room
WRITING FARM INSURANCE REQUIRES A DIFFERENT APPROACH Family farms feature both personal and commercial risks By Casey Roberts, CIC, ACSR, AFIS High property values, protection classes, older properties, and multiple liability exposures—just to name a few obstacles—can make writing farm insurance a challenge. Over 90% of the 2 million-plus farms in the United States are owned by individuals/families, sole proprietorships, or family-held corporations, according to the Economic Research Service
LESSONS FROM THE FAMILY OFFICE Looking for benchmarks that can help your agency or brokerage serve clients better? Look to the affluent for advice By Lori Widmer In many ways, wealthy families are much like a commercial business. Everything from cyber liability and claims to global supply chain and catastrophic events falls under the risks that well-to-do individuals must mitigate in order to protect their assets for the next generations.
