Is It Covered? Snow, Ice & Sleet
Do your investor clients know that damage from the weight of snow, ice, or sleet is only covered under certain policy formats? For your clients who invest in more northern […]
2021 Loss Events in Review
The year 2021 continued to be an interesting year in the insurance market, with extreme and unique weather events and ongoing uncertainty around COVID. The industry as a whole continues to experience a rapidly hardening property market, a trend that accelerated in 2020, but had been snowballing the previous five or six years. It is common for the market to cycle from hard to soft every five to ten years, so it is increasingly important for investors to ensure that their insurance agent is advising them on ways to “ride out the storm” while still maintaining adequate coverage.