WHEN FARMING ISN’T “FARMING” How do “business” and “farming” interact within the coverage form? Writing farms without a clear understanding of how liability coverage is provided … can be dangerous, for both the insured and their agent or broker. By Casey Roberts, CIC, ACSR, AFIS When one is asked to write liability coverage for a farming operation, the immediate expectation among most is that the coverage will be provided by
Commercial Lines
FRAUD BUSTERS THE TECH (AND HUMAN) APPROACH TO WORKERS COMP CLAIMS HANDLING The best way to combat fraud takes both technology and human intervention By Lori Widmer It comes as no surprise to anyone operating a business that fraud is a big cost driver in workers comp. While it is not a large percentage of the claims filed (estimates from Radius Insurance put it somewhere between 1% and 2% of
WHEN THE LEGAL LIABILITY COVERAGE FORM IS THE SOLUTION The dilemma of leased building versus leased space By Paul Martin, CPCU When an organization leases a building or space in a building, they have many things to consider regarding loss to that building during the insured’s occupancy. Is the tenant responsible for insuring the building? A lease agreement can create an insurable interest in the non-owned building if the
BUSINESS INCOME AND COVID Looking for possible solutions to pandemic-driven financial woes By Dawn Jackson The past few years have been taxing on every business in some way. Unless you have been shipwrecked on a deserted island, you know that in 2020 nearly every state ordered businesses to close or limit operations to “slow the spread.” According to Statista.com, only 26% of small businesses were unaffected by the shutdown. We
FIVE REASONS WHY EMPLOYERS LIABILITY IS IMPORTANT Be aware of workers compensation loopholes By Paul Martin, CPCU The workers compensation system is a fascinating compromise. Before workers compensation laws were passed by state legislatures, workplace injuries were resolved using tort law, where the employee could pursue a claim of injury against the employer, and the employer defended itself with standard arguments against claims of negligence. This system for resolving
