This year may look different for all of us, but we’re doing our best. By Jaimee Williams-Caldwell December 01, 2020 These past eight months have been anything but normal for many of us, especially parents, and more especially, mothers. As I sit here writing this, I’ve got a baby in one arm and a toddler...Read More

The Differences Between the Admitted and Non-Admitted Insurance Markets It probably happens once every couple of weeks.  Being a wholesale Professional Liability broker, I present my retail-broker an option from a carrier that has better coverage, with a better rating, at a better price than the incumbent, but the insured stays put.  Less coverage, weaker...Read More

It’s the year 2020 and life as we know it has changed. Everyone is constantly washing their hands. We’ve all become too familiar with the terms “coronavirus” and “social distancing”. Working remotely and e-learning for our children is now the new normal. But what about the industries that can’t work from home? What about construction?...Read More

New Insurance Exposures for Real Estate Agents, Property Managers, and Property Inspectors July 2020 The cost of professional liability insurance for real estate agents, brokers and property managers seems to be on the rise. Why now? Why this sector? Insurance carriers have been taking a step back, and have been re-evaluating the real estate sector...Read More

Class Action COVID Prior to COVID-19, the D&O insurance market was already undergoing a period of remedial correction in terms of both pricing and carrier appetite, following years of soft market trading conditions and heavy losses. However, the initial impact of the pandemic alongside some of the longer-term effects is already being realized, such as...Read More

In the world of claims-made insurance policies, the retroactive date, or prior acts date, is everything to your insured. This is the date that starts uninterrupted claims-made coverage, with the insurance company the insured is currently with, no matter the company the insured started the retro date with. A claim reported within the current policy...Read More

COVID-19 is Changing Daily Life for Lawyers Across America April 16, 2020 A lot has changed since the last time America saw something even close to what she’s in the middle of right now. Not the least of which is the legal industry and its influence on the cultural and economic landscape of our country....Read More

LAWYERS PROFESSIONAL LIABILITY COVERAGE UPDATE With most states under a stay-at-home order, lawyers and law firms are faced with a new challenge in terms of notarizing documents. While several states have passed laws permitting remote notarization before the COVID-19 pandemic, most lawyer’s professional liability insurance policies specifically exclude notarization done without a firsthand witness. Where...Read More

The following includes a roundup of resources to assist in monitoring the most up-to-date information available:   World Health Organization: Information and guidance on coronavirus (COVID-19) CDC Guidance on Exposure & Reporting Business Pandemic Influenza Planning Checklist Coronavirus Information for Travel Health Alert Network – CDC’s primary method of sharing cleared information about urgent public health incidents...Read More

Why are Premiums Going Up? March 2020 A private company, with no claims history and no cannabis or crypto currency exposure, gets their management liability renewal quote and the premium is up 20%.  The CFO says, “Our company is the same as it was a year ago, why did my premium increase?” The current premium...Read More