Distinguished Blog - Risk Insight
Market insights and industry news.
The Smart Collector’s Guide to Specialty Storage for Collectibles
Individuals are passionate about their collectibles, spending a lot of time and money adding to their collections, whether it’s fine art, sculptures, antiques, wine, or other valuables. Protecting them requires special storage facilities with key characteristics. Climate Control Is Critical One of the critical characteristics of specialty warehousing facilities is climate control. “These facilities have…
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Protecting Art and Collectibles from Hurricanes
Collections are priceless and irreplaceable. In the event of a natural disaster such as a hurricane, financial loss can be devastating. That’s why it’s crucial that clients rely upon their brokers to fully understand their exposure and ensure they’re obtaining appropriate protection for their collections. In this guide, we will provide you with important information…
Builder’s Risk Insurance in Arizona: Everything You Need to Know
Arizona is currently experiencing unprecedented growth. Queen Creek and Maricopa, both in the Phoenix metropolitan area, are two of the fastest-growing cities in the US. All of this growth means more construction and, for insurance agents and brokers, more clients looking for competitive Builder’s Risk (BR) policies designed for the Arizona market. So, with more…
Emerging Contaminants: Understanding Per- and Polyfluoroalkyl Substances And Their Growing Impact
Emerging contaminants are chemicals in the environment that have been recently identified as posing a potential risk to the environment and public health. These contaminants may arise from everyday products or their use in various industries. As these contaminants are detected in the environment with increased frequency and concentration, they become subject to greater scrutiny…
Case Files: 5 FBI Expert Tips for Brokers on Protecting Client Collectibles
Ready to become the ultimate expert in the world of fine art & collectibles insurance? During our recent 30-minute Q&A webinar, “CASE FILES: 5 FBI Expert Tips for Brokers on Protecting Client Collectibles,” we uncovered the secrets to protecting your client’s collectibles with FBI Art Crime Agent, Jake Archer. Explore the slides and FAQ’s provided…
Builder’s Risk Insurance in Texas: Protecting Your Construction Projects
Houston is the number-one city for new-home construction, according to the U.S. Chamber of Commerce, followed by Dallas in the number-two spot. The Lone Star State has also witnessed a remarkable surge in commercial real estate development in recent years, with an estimated $70 billion invested in commercial construction projects during 2022. As construction activities…
Building Success in the Bay State: The Power of Builder’s Risk Insurance in Massachusetts
In the bustling heart of Massachusetts’ construction landscape, Builder’s Risk insurance emerges as the silent guardian of every project, ensuring that risks are managed, and investments are secure. As the Bay State continues to witness a dynamic construction industry, with projects ranging from building restorations in Boston to innovative developments in Cambridge, understanding the nuances…
Scary Risks for Community Associations During Halloween
Signs of Halloween, everyone’s favorite spooky holiday, are everywhere during the month of October – from carved-out pumpkins to skeletons hanging in the windows and elaborate decorations. Kids and adults have planned their costumes well in advance, and this year we may very well see a lot more trick-or-treaters and Halloween parties taking place, including…
Underground Storage Tank Insurance: A Comprehensive Guide to Coverage Options
Deep beneath the earth’s surface, a network of silent sentinels stands guard – underground storage tanks (USTs) safeguarding crucial petroleum and hazardous substances. The Environmental Protection Agency (EPA) reveals a staggering 542,000 of these tanks scattered across the nation. While they play a vital role in our lives, there’s a hidden peril that could spell…
Emerging Contaminants: The Rising Concern of Carbon Tetrachloride and What You Need to Know
Emerging contaminants are chemicals in the environment that have been recently identified as posing a potential risk to the environment or public health. These contaminants may arise from everyday products or their use in various industries. As these contaminants are detected in the environment with increased frequency and concentration, they become subject to greater scrutiny…
Environmental & Construction Professional Exposure Claim Scenarios You Need to Know About
This blog post will cover common scenarios and offer insights to help advisors recommend appropriate coverage for their clients. Staying informed can aid in protecting clients’ businesses from potential claims related to environmental and construction professional exposure. Gain critical insights by reading this post. GENERAL CONTRACTOR (GC) A GC under a design-build contract hired an…