TOTAL EXCLUSIONS IN LIMITED WAR Will 21st century conflict call for 18th century insurance practices? By Joseph S. Harrington, CPCU Any Ukrainian currently suffering hardship or exile under Russian bombardment will justifiably recoil at any suggestion that the invasion of their country is a “limited” war. But, to the frustration of President Zelenskyy and his countrymen, that’s what the United States and its NATO allies are trying to establish and
Coverage Concerns
OLD MACDONALD HAS A FARM (E-I-E-I-O)—OR DOES HE? A look at farm and ranch best practices and exposures By Christopher W. Cook It was easy to come up with a title for an article on farm and ranch insurance, considering that “Old MacDonald Had a Farm” is a go-to song for comforting my (while I write this) 18-month-old son during car rides. After three or four rounds of repeating
IS THE NEW HO-14 BETTER THAN THE HO-4? New exposures require a “facelift” of the Homeowners Program By Dustyne Bryant, MBA, CIC, CISR [I]nsurance professionals know that when new coverage forms are thrown into the ring, the critical lesson is to ensure that we understand the new form, its coverages, and its exclusions thoroughly. The Insurance Services Office (ISO®) announced in 2021 that multi-state filing changes
Mind the Gap COMMERCIAL CRIME COVERAGE—PART ONE A look at the coverages on the ACORD 141 Crime Section application Not only are there a lot of coverages from which to choose, … the terminology may not be consistent across your carrier lineup. By Marc McNulty, CIC, CRM If you’re new to the insurance business, you may find yourself relying on ACORD applications to assist you with offering certain types
Coverage Concerns EMBEDDING THE NEED TO SAY “NO.” OR NOT Embedded insurance is not really new, but it’s re-emerged with new capabilities [I]t’s telling that embedded insurance has had its biggest impact on insurance for property and vehicles being shared or rented, transactions that do not involve long-term relationships. By Joseph S. Harrington, CPCU If you’re old enough, you’ll remember a dramatic announcement from April 1998: Citibank and Travelers Insurance
