Distinguished Blog

Market insights and industry news.

OSHA Called Upon to Step Up COVID-19 Workplace Safety Rules

Reuters recently released its finding in a report after examining the regulatory response of the Occupational Safety and Health Administration (OSHA) to workplace COVID-19 safety practices. It analyzed 106 U.S. workplaces where employees complained of mishandled pandemic safety practices on the heels of the outbreak and reported that regulators either never inspected the facilities or,…

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Carbon Monoxide Poisoning Prevention

Coined the “silent killer,” carbon monoxide (CO) is an invisible, odorless, colorless, tasteless gas that can be fatal. Carbon monoxide is found in the fumes produced any time fuel is burned in cars, small engines, stoves, grills, fireplaces, furnaces, etc. The most common symptoms of CO poisoning are headache, dizziness, weakness, upset stomach, vomiting, chest…

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The Future: Usage-Based Premiums and Smart Homes

Usage-based technology has been utilized for some time with auto insurance to track mileage and driving behaviors. You drive fewer than a certain number of miles and safely (no speeding, distracted driving, etc.), you get the benefit of premium discounts. Usage-based insurance (UBI) in this case is typically powered by in-vehicle telecommunication devices (telematics)—technology using…

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How People Are Celebrating This Holiday Season

The 2020 holiday season will be very different for most of us, including our kids. Getting together with the family, especially if you have to travel out of state, comes with a lot of restrictions and advisories (depending on the state).

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The Changing Face of the Hotel Umbrella Market

The tight insurance market without question has hit the hospitality industry, including the Excess/Umbrella space. In addition, COVID-19 has brought significant challenges for the hotel industry as it struggles to gain traction after being upended by the pandemic. We spoke with Sean Young, VP, Distinguished Hospitality Umbrella Product Manager, for some insight into the challenges…

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HOAs Brace for Winter

While summer is the time for homeowners’ associations to show off their luxurious amenities — the sparkling pool, the pristine tennis courts, the vibrant landscaping, etc — winter is no less important when it comes to maintenance. When the weather turns frosty, a host of different problems present themselves. And if community associations are not…

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Digital Marketing for Insurance Agents

Historically, independent insurance agents have been able to rely on traditional marketing tactics — referrals, print ads, direct mail, etc. But gone are the days when agents go door to door or book face-to-face appointments to generate leads. While COVID has indeed limited how agents can sell insurance, consumer expectations and behaviors have been shifting…

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Why Hotels Should Have High Umbrella Limits

The massive verdicts making headline news during the last several years have been a wake-up call for many hotel clients to ensure they carry enough Excess/Umbrella Liability coverage to protect against catastrophic losses. But the reality is that most large hotel liability losses are not the result of headline-making events or incidents, like the mass…

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Insuring Owner & Tenant-Occupied Properties: What Lenders Want to See

When insuring tenant and owner-occupied multi-family buildings (apartments, brownstones, townhomes, and condominiums), insurance companies require information related to the type of construction; the age and type of wiring; plumbing; and heating, including whether the property has central heating, window units or floor vents. Buildings more than 40 years old raise additional concerns about asbestos and…

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The Rising Demand for Warehouse Space

The coronavirus has driven a surge in online shopping, and warehouse space is suddenly a hot real estate commodity. U.S. consumers spent $347.26 billion online in the first two quarters of the year, up 30.1% from $266.84 billion from the same period in 2019 according to data from the U.S. Department of Commerce. While e-commerce…

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Holiday Travel Safety Guide

This holiday season, travel safety comes with a long list of pandemic-related restrictions, advisories, and recommendations by airlines and states as COVID-19 cases continue to surge. Before making plans – whether you’re getting on a plane or in a car to see family and friends or taking a vacation – be sure you are well…

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