INSURING THE MODERN-DAY NOMAD Are people living “on the road” protected? Do insurers know what they are protecting? By Joseph S. Harrington, CPCU In the Academy Award-winning film Nomadland, viewers see a grim but uplifting view of older Americans living as nomads out of their vehicles, with no fixed residence. While the focus of the film is on people left behind by economic transformations, the emergence of modern-day nomadism is
Coverage Concerns
Often, the simpler and clearer the insurance coverage, the better it works. Finding the right policy, at the right price and for the proper amount of protection is the goal. However, sometimes circumstances necessitate a zig instead of a zag. In this case, the complicating factor was the applicability of more than one policy. A poultry farmer had coverage under two policies when a loss occurred. A fire broke out
Difficult habitational and real estate market conditions may threaten to slow your business down, but following best practices for navigating emerging challenges and relationships can help ensure they don’t hold you back. DON’T LET THE HARD COMMERCIAL REAL ESTATE MARKET SLOW YOUR BUSINESS DOWN Ideas to help agents better serve client needs during challenging times By Joe Mossbrook With stricter underwriting standards and extensive restrictions across classes and geographies, it’s
GET ON THE SAME PAGE FOR SETTLING LOSSES Insurance pros sell protection! Both insurance buyers and sellers want to depend on its availability to respond to losses. However, payments often become centers of serious disputes. Insurer profitability and viability are connected to making payments that qualify under policy provisions and that includes having proper notification regarding settlements. A policyholder under both a personal and an umbrella policy was involved in
Young Professionals HOMEOWNERS POLICIES: A REVIEW Dissecting form types and parts of coverage By Christopher W. Cook As someone who has never worked in the industry, I appreciate the opportunity to attend continuing education (CE) courses offered by state and national associations. While I don’t need the CE credit, they do provide me with information that I can pass along to our readers. Generally, the Independent Insurance Agents (Big “I”)
