Property

The Effect of Airbnb and Wildfires on Mid-Range Homeowners Insurance

If a client’s home is located in a part of the country that experiences regular catastrophic disasters, hard-to-place Homeowners insurance is not new to the experienced broker or agent. “Mid-Range Homeowners insurance is the backbone of the personal lines (P&C) industry,” said Bill Gatewood, Corporate Vice President and Director, Personal Insurance, Burns & Wilcox. “It…

These Five Challenges Can Make Homes Hard-to-Place

Even the savviest insurance professional can face challenges when dealing with their client’s hard-to-place risks. The housing market is no exception and many brokers are finding that homes are falling outside of the standard insurance market appetite due to a number of unique exposures. As a result, these homes are qualified as hard-to-place and brokers…

Products to Assist Landlords

Suite Protector and Your Rental Protector designed to help landlords manage business, tenant risk The market for rental housing in the U.S. continues to surge, with government data showing a sustained decline in rental vacancies while home ownership holds fairly steady. The rental market growth means landlords not only are requiring more services, some also…

Car stuck in a flood
Canadian Snowbirds Take Flight

Canadian Snowbirds Take Flight

One of the less controversial elements of the U.S. immigration bill recently passed by the Senate and being debated by the House of Representatives is a provision increasing the length of time foreign property owners can spend in the country. If the bill passes into law, foreign property owners – including Canadian snowbirds – will…

Chaotic Homeowners Insurance Market

How to Make Sense of a Chaotic Homeowners Insurance Market

The “supercell” thunderstorms that occurred in the Midwest and South earlier this year have complicated an already disrupted homeowners market. As agents and brokers are undoubtedly aware, homeowners insurance is now in a state of flux. Rates are on the rise across the United States. Yet, for many standard market carriers rates are too low…

Collect and Protect

Collect & Protect

Flexibility the hallmark of new collection coverage from U.K. provider Whether they’re handling stamps, music memorabilia, fine art or some other type of valuable collection, individual collectors, museums, dealers and auction houses have one thing in common: a deep appreciation and respect for whatever items they handle. As unique and irreplaceable as a collection and…

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Risk management an ounce of prevention

Risk Management: An Ounce of Prevention

Valuable advice to help clients protect their personal collections Rand Silver doesn’t just know art collections, he knows how to protect them from loss. From art to wine to jewelry, here Silver, national director, art collection management, for the Private Client Group at American International Group (AIG) in New York City provides his suggestions for…

Walk the line

Walk the Line

Working with angles to write and retain cross-border high net worth accounts About 80 percent of Canadians live within 100 miles of the United States border. That proximity, coupled with a strong Canadian dollar and a slow-recovering U.S. real estate market, has created opportunity for growth in the high-net-worth market. “More and more frequently, the…