MANUFACTURERS E&O Carrier tackles four myths about the product By Christopher W. Cook Every so often in the news we hear about product recalls caused by manufacturing errors. Tainted lettuce causes a salmonella outbreak. Loosened straps on a highchair become a choking hazard. Medicine capsules that are 10 mg get packaged incorrectly in bottles labeled 20 mg. While product recalls can lead to dangerous and tragic situations, they remind me
Specialty Lines
PROGRAM BUSINESS RESILIENCE, OPTIMISM AND GROWTH With valuation in the program space as strong as ever, where the market goes over the next several years is anyone’s guess By Ray Scotto As we hopefully continue to emerge from the worst of a global pandemic, business owners are taking stock of how their operations were impacted and how best to position themselves to take advantage of a rebounding economy. While there
By helping them to put the right measures in place, you can solidify your value and enable nonprofits to continue delivering on their mission, even in the face of disaster. HURRICANE SEASON IS HERE Take steps to help ensure your clients are prepared for weather-related exposures By Chris Hale If forecasts by the National Oceanic and Atmospheric Association (NOAA)’s Climate Prediction Center hold true, this year’s Atlantic hurricane season may be
Specialty Lines Markets CONSTRUCTION INSURANCE Contractors and insurers are eager for project funds and workers to show up By Joseph S. Harrington, CPCU As the U.S. awaits the enactment and implementation of a major federal infrastructure bill, there’s a question whether conditions in the domestic construction industry will prevent contractors from fully benefitting from the flow of federal dollars. Contractors lament the persistent lack of skilled, experienced artisans, many of
THE GOOD, THE BAD AND THE UGLY A look at motorcycle and powersports dealerships from an insurance perspective By Mike Keese It’s probably safe to say that the motorcycle and powersports industry has never been hotter. Sales of motorcycles and powersports products set records last year. According to the Motorcycle Industry Council Retail Sales Report in 2020, powersports sales increased 18% and motorcycle and scooter sales increased 11%. That trend
