Coverages

What Complications could the Terrorism Risk Insurance Act (TRIA) Expiration Cause?

On November 26, 2002 President Bush signed into law a Federal program called the Terrorism Risk Insurance Act that required property and casualty insurers doing business in the United States to offer coverage for incidents of international terrorism.  Following the events on September 11, 2001, many businesses were unable to purchase insurance coverage against future […]

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Turning Umbrella Aggregates Into $$$

Many insurance agents are familiar with the “Per Location Aggregate” coverage feature that is commonly included on primary Commercial General Liability policies.  This feature expands separate liability limits for each location as opposed to all locations within the policy sharing one aggregate limit.  Under a standard commercial general liability insurance policy, the policy is subject

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Taking It To The Limit with Real Estate Umbrellas

When evaluating Real Estate umbrella programs for Condominium Associations, Apartment Buildings, Commercial Real Estate or Cooperatives individual policy limits on a per premises basis is an important coverage feature for your Real Estate clients.  For example, does the underlying schedule list individual buildings as separate locations or does it list each building as an additional

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Potential issues for Property Managers that can easily be avoided…

  Potential issues for Property Managers that can easily be avoided… It is no secret that Property Managers have a lot on their plates.  It’s a tough job to manage the many variables required to keep properties running smoothly. Below is a list of areas that you can discuss with your clients that commonly result

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