Essential Personal Lines
Essential Personal Lines
VU Resources
Advanced Personal Lines
Advanced Personal Lines
In the Aftermath – An Agent’s Perspective on Disaster Preparedness & Recovery
This 36-page Big “I” Virtual University Risk & Reality Report was created by Danny Cook, an agent in Lumberton, North Carolina for more than 20 years. In October 2016, Hurricane Matthew devastated Lumberton with record setting rainfall and subsequent flooding, the likes of which the town had never seen before. Although touted to be a…
The “Where You Reside” Issue…Next Steps
On October 1, 2015 in most states, ISO’s new HO endorsements designed to resolve the potential “Where You Reside” coverage gap became effective. In less than two weeks later, we heard of yet another claim where someone may lose a home they own or otherwise suffer a significant uninsured loss. This article discusses that claim…
Building Your Own Home…Insurance Implications
It is not uncommon for a homeowner to serve as his or her own general contractor when building a new home. When doing so, there is an exposure to claims made by contractors and their employees if injured during construction. In fact, such claims can arise regardless of the homeowner’s status as general contractor or…
Insuring Rental Dwellings
An insured has 15 rental properties, none more than 4 units. An insurer covers them under 15 dwelling policies and has endorsed his homeowners policy to extend liability coverage to each of them. The agent has recommended commercial insurance, including a CGL policy rather than an HO endorsement, as he feels it is better coverage.…
2011 Changes in the ISO Homeowners Program
In 2010, ISO filed its first major revision to its homeowners program in a decade. In this article, Ted Kinney reviews the 27 major changes to HO forms and endorsements, ranging from the vermin exclusion to coverage for riding lawn mowers. This is a preliminary review…look for further articles as our analysis intensifies in response…
Top 10 Best Changes in the ISO HO2000 Program
In most major insurance filings there are policy changes that broaden coverage, some that restrict coverage, and some that claim to make “no change” in coverage. In this article, we’ll take a look at the “best” changes (from a policyholder’s perspective) in the new ISO HO2000 program. In another column, I’ll examine the “worst” changes.
