Colorado coverage collapse leaves builders exposed – insurance broker

Fraser McLachlan, current chief executive of GCube, has been appointed chairman of TMGX. Ben Kinder, chief underwriting officer for marine, energy & renewables at Tokio Marine HCC International (TMHCCI), will serve as TMGX’s CUO in addition to his existing responsibilities at TMHCCI. Source link

At Central, we know our homes wouldn’t be complete without our furry companions. Whether you’re bringing home a new puppy or you’ve had the same loyal companion for years, it’s important to understand how dogs and homeowners insurance work together—and where they don’t. Property Coverage: What’s Not Covered Let’s start with a common misconception: that…

The Supreme Court ruled, however, that Farmers met its legal obligations by using notice language approved by the state’s Department of Consumer and Business Services (DCBS). The court said insurers that adopt agency-approved wording are not liable for omitting portions of the statute, affirming that the legislature intended for such approval to serve as compliance….

Vacant land is purchased for various reasons, such as long-term investment, customization for future development, potential appreciation, and minimal maintenance costs. It can also serve multiple purposes, including agriculture, storage, or recreational use, so it’s no surprise land sales rose 1.2% in 2023 and continue to rise. Insuring vacant land can present unique challenges due…

You just received a phone call from someone who says they represent your insurance carrier and would like to set up an appointment to audit your business operations. You’ve paid all of your premiums on time, so you wonder what they could want? Many commercial insurance policies are based on the “best information” that the…

How can the industry break down barriers? Source link