Tag Archives: Commercial Property

E&O Insights: How Well Are You Managing Your Agency’s Commercial Lines Accounts?

This is an excerpt from an Insurance Journal article that I authored in the October 19, 2015 edition. “Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy … Continue reading

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Property Disclaimers

On virtually all lines of insurance, there is no doubt that commercial property accounts produce the greatest number of large E&O claims. Based on the customer exposures, these E&O claims can easily exceed $100,000 and for some accounts, E&O claims … Continue reading

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Be alert as the industry reacts to claims from Mother Nature

In a reaction to the various weather related events and catastrophes, it appears that some industry organizations are proceeding with making policy form filings that would look to exclude coverage for cosmetic damage from wind and hail to homeowner and commercial properties. Agents need to be on … Continue reading

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E&O Insights: Insuring Commercial Property – What Could Possibly Go Wrong?

This is an excerpt from an Insurance Journal article that I authored in the October 22, 2012 edition. “It seems that every year commercial property is one of the top three lines of business generating errors and omissions (E&O) claims … Continue reading

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Do homeowners & commercial property policies cover losses from “fracking”?

In many parts of the country, the issue of fracking is a significant topic, oftentimes  controversial. While we can debate the pros and cons from fracking, what about the insurance coverage issues that could arise such as contamination of the … Continue reading

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E&O Spotlight: Insuring Commercial Properties? Important Issues to Watch For

This is an excerpt from an Insurance Journal article that I authored in the October 17, 2011 edition. Most agencies write some degree of commercial insurance. There is a good chance that insuring the building is part of the overall … Continue reading

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Do your insurance customers understand how co-insurance works?

Co-Insurance is certainly a key and yet unique term, in the insurance industry. Many customers either don’t understand how it works or may believe they understand when in reality, they don’t. Where else do we see the phrase co-insurance? In Health Insurance. Does … Continue reading

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