The Oxford Language Dictionary defines a Catch 22 as “A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions. A new West Virginia law that allows employers to voluntarily cover post-traumatic stress disorder in frontline responders is just that – A Catch 22.
When my plumbing contractor husband recently renewed his general liability coverage, he asked our agent if he would have coverage if his employee installed a gas water heater and it later leaked, injuring someone in his customer’s household. His agent said, “Probably not,” based on the total pollution exclusion. Case law regarding what is and…
According to the Environmental Protection Agency (EPA), geothermal energy technology “harnesses the Earth’s heat,” and at least three types of technology that take advantage of that natural resource. These include ground source heat pumps, direct use geothermal and deep geothermal systems. This article provides a brief overview of this technology and some of the property…
As an insurance agent, you understand that your clients and their organizations face new challenges every day, including keeping workers’ compensation costs down, receiving proper workplace injury reports and improving employee morale. It doesn’t need to be difficult to address these needs. In fact, by simply guiding your clients to the right nurse triage program,…
Many agents struggle to understand business interruption (BI) insurance, also called business income insurance. This important coverage protects business owners if a covered property loss, or in some cases government shutdown, causes them to close their business and reduces them income. This article covers the basics of BI coverage.
Assaults, slip and falls, gas leaks and other liability issues can wreak havoc on a commercial real estate (CRE) insured’s loss history. With property rates expected to climb again next year due to Hurricane Ian’s impact on the reinsurance marketplace, CRE exposures, especially CAT-exposed properties, will be hit hard with rate hikes, according to many…
There are two distinct marketplaces in today’s insurance arena: the admitted market – those insurers that are admitted to write insurance business in the state or country where the insured’s property or business is located, and the surplus lines market, which writes coverage that the carriers do not file with the state’s department of insurance…
Nuclear verdicts are hitting most insurance sectors, but nowhere is the threat more prevalent than in the trucking industry. From 2010 to 2018, average trucking verdicts over $1 million were up 1,000%. This Burns & Wilcox article details some of the challenges facing trucking companies and their brokers.
Workers’ Compensation
Essential Commercial Lines
