Colorado coverage collapse leaves builders exposed – insurance broker

[ad_1] Despite a surge in extreme weather events, only 20% of executives rank climate-related catastrophic risk as a top concern. At the same time, 72% report adopting new risk management procedures in response to severe weather, signalling a reactive rather than proactive approach to climate adaptation. Insurers warn that without stronger risk mitigation strategies, businesses…

[ad_1] As remote and hybrid work become the norm, it’s important to understand how your coverage needs may shift. Here’s what to know about work from home insurance—and what to ask your agent. The post What Remote Workers Should Know About Insurance appeared first on Central Insurance Blog. [ad_2] Source link

[ad_1] Crop insurance growth in the US Palomar’s expansion into the crop segment follows growth trends and projections within the market. In 2024, farmers and ranchers invested over $6 billion to purchase approximately 2.4 million crop insurance policies, providing $159 billion in protection against weather and market losses. This coverage spanned over 543 million acres,…

[ad_1] Fence contractors face a unique mix of exposures, from injuries caused by sharp materials to claims from improperly installed fencing. Whether securing a residential backyard or outlining the perimeter of a commercial site, the right insurance coverage is critical.  In this article, Thomas McMillan, commercial lines staff underwriter at Central Insurance, breaks down common…

[ad_1] The case stems from a September 20, 2017 workplace accident, where You Tien Chen, a worker employed by subcontractor 177 TS Group, Inc., fell from a ladder while working at a construction site. The site was owned by Mayer Malbin, which was insured by Hartford Fire Insurance Company. TS Group, the subcontractor, held a…

[ad_1] The sale of the TRANZACT business impacted revenue [ad_2] Source link