Loss Assessment Coverage

| Agency Customers, Condominium Insurance, Home Insurance, Homeowners Insurance, Insurance Claims, Insurance education.

Nearly 25% of American homeowners live in some sort of managed community such as a homeowner association, condo association, or cooperative.  While there are certainly many benefits of living in a managed community, there are a few pitfalls to be aware of.  One of those pitfalls is the right of the association to assess the… Read more »

Directors and Officers Insurance: Not All Policies Are Created Equal

| Business Insurance, Commercial Property Insurance, Insurance Claims, Insurance education, Risk Management, Uncategorized.

Many types of business insurance products use a standardized policy form. General liability, as an example, is typically issued on an ISO CG0001 form. Commercial auto and property policies also generally use an ISO form. Directors and officers insurance (D&O), however, is one of a handful of insurance products that do not have a “standard”… Read more »