Author Archives: INSURANCE MARKET SOURCE

The Risks Your Clients Should Know About When Dealing with Cannabis

In 2017, cannabis-related cultivation and retail investments reached $718 million1. In addition, the legal cannabis industry is projected to exceed $50 billion by 2022. It may seem like cannabis is the next California Gold Rush, but while there is great opportunity, there is also great risk. On top of complex and evolving local, state and…

Allied Medical Coverage: Make Sure Your Clients Have the Complete Diagnoses

By 2040, seniors with disabilities will expand from 10 to 20 million. With an aging population comes a growing demand for healthcare resources – both technological and professional – stretching the service limits of hospitals, health care centers and medical facilities. Make sure your medical facilities and healthcare professional clients have the complete diagnoses when…

A Proactive Approach to Contractors Pollution Liability Insurance

Contractors Pollution Liability Insurance comprises approximately 20-25 percent of environmental insurance purchased worldwide1. However, market penetration of those who need environmental insurance is only around 10 percent2, leaving 90 percent uninsured. Gina Jones, Vice President and Director, Environmental Programs, Burns & Wilcox, discusses the low level of penetration, saying “More than a billion dollars in…

Masters Tournament Lodging: Home Rentals Need More Than Homeowners Policy to Protect Against Risk

When the PGA Tour’s first major, the Masters Tournament, is held this week at Augusta National in Georgia, thousands of fans from around the world will converge on the small town of Augusta. It is estimated that 150,000-190,000 patrons attend the Masters each year. And they will all need a place to stay. With hotels and online rentals being booked nearly two years in…