Whether you’re on a business trip or venturing afar during the holiday season to visit family or explore somewhere new, now is one of the busiest times of year to travel. Travel claims are on the rise in 2023; there’s always a chance that your trip…
In the insurance space, the concept of an indemnity period specifies the time frame for which the policyholder (insured) can claim compensation for financial losses resulting from an insured event. It serves as a boundary for the coverage provided by…
A recent Supreme Court case will have wide-ranging implications for employers as it relates to religious accommodations. The ruling established a new standard for employers to meet if claiming that a requested religious accommodation would unduly bur…
Fall always leads to one of my favorite holidays — Halloween. Scary, spooky things abound in stores, kids (and adults) get ready for trick-or-treating, and we typically get unnecessary horror movie sequels that aren't quite as good as the origi…
As we transition from the dog days of summer into the beauty that is fall foliage, many employees are preparing for one of the biggest fall activities in their household: children going back to school. According to a recent article in Employee Benefi…
Professional indemnity insurance — also referred to as professional liability or errors and omissions — is used by lawyers, accountants and other professionals who require expert guidance and coverage for their business. In this podcast, …
In the insurance space, the concept of proximate cause plays a pivotal role in determining the outcome of insurance claims. Insurance policies are designed to provide coverage for specific perils and damages, but when multiple events occur simultaneo…
A new type of insurance policy is emerging in global markets: parametric insurance. As with any insurance coverage, it comes with both benefits and risks. To determine when it would be appropriate to take out a parametric cover, we must first underst…
Companies in the cannabis industry face a unique set of risks, from dispensary theft to greenhouse fires. On the property side, losses can range anywhere from a few thousand to upwards of a million dollars depending on the circumstances. For small st…
When enterprise risk managers develop organizational disaster response plans, catastrophes like tornados, hurricanes and earthquakes are usually top of mind. But, the possibility of a devastating fire cannot and should not be overlooked, as a fire lo…
While the core type of cover provided under a standard commercial property policy has generally remained consistent over the years, most have been recently expanded to include wordings you might not ordinarily expect. Wider cover helping customers r…
Read this in Norwegian. As we move closer to boating season, small steps help determine whether a boat stays ashore. Each year, many of the injuries we witness post-loss occur when launching or at the start of the season as a result of some owners o…
The Property & Liability Resource Bureau (PLRB) will host the 2023 PLRB Claims Conference & Insurance Services Expo March 19-22 in Orlando, Florida. An array of stakeholders will come together to exchange ideas about restoration in business income (B…
Price increases can be seen across all industries — from food and fuel to construction and manufacturing. When we look at the claims industry, these same factors are influencing costs in workers’ compensation, auto and property claims. Inflati…
Les den engelske versjonen. Da er kulden tilbake og strømprisene er på vei opp, igjen, dessverre.. En kald vinter og økte strømpriser, kan føre til at mange skrur ned varmen i hus og hytter, og at rørene fryser.Dette har vært mest vanlig blant hy…