An insured can experience a catastrophic loss due to mechanical failure if, at time of loss, the proper coverage, including loss of income, is not in place, Carmen Suarez, underwriting manager for Preferred Property Program, a subsidiary of JGS Insurance.
Times are fiscally tight in the for-profit world of childcare as well, and insurance is among the first line items that childcare providers think they can dropand an unregulated childcare facility is able to do so without any state government intervention, says Linda Smith, executive director of the National Association...
With so much legislative and regulatory activity each year, property and casualty insurers can always count on plenty of tracking and implementation issues. Some of the perennial topics that are addressed and find their way to enactment or adoption are those impacting claims and trade practicesand 2011 has been no...
With so much legislative and regulatory activity each year, property and casualty insurers can always count on plenty of tracking and implementation issues. Some of the perennial topics that are addressed and find their way to enactment or adoption are those impacting claims and trade practicesand 2011 has been no...
Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety.
Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety.
A Mississippi senator withdrew his amendment to flood-insurance reauthorization legislation that would have terminated the Terrorism Risk Insurance Act in 2013, a year earlier than authorized in 2007 legislation.