Insights

Common Gaps in Watercraft & Yacht Coverage
An insurance agent needs to be able to identify the best policy for a client and ensure they have all the coverage they require. If they don’t read the fine print closely or gather enough information about the client’s risks, the client could end up with gaps in their coverage, leaving them vulnerable to unpaid claims. When it comes to watercraft and yacht coverage, there are certain risks that...

3 MERGERS AND ACQUISITIONS AFFECTING THE EXCESS AND SURPLUS LINES MARKETPLACE
This is proving to be a turbulent year for the excess and surplus lines marketplace. Price pressures, low asset yields and diminishing favorable loss reserve developments have weakened profitability. There has also been some churn in the industry, with mergers and acquisitions shaking things up in the marketplace. A few important changes: The...

ARE YOU PROTECTING YOUR BUSINESS PROPERTY FROM HURRICANES? 4 STEPS YOU SHOULD BE TAKING THIS SPRING.
It feels like we just got rid of the cold New England winter, but, coastal property owners should already be looking forward and preparing for hurricane season. The Atlantic hurricane season officially runs from July 1st to November 30th. However, major storms can occur outside of these days and put your New England business at risk. To make sure...

5 SEASONAL RISKS CONTRACTORS SHOULD BEWARE OF THIS SPRING
Just like other New Englanders, contractors welcome spring’s relief from cold, wet and snowy conditions. But, there are a number of risks that need to be on your mind as the season changes to keep your workers safe and your insurance costs low. Before heading out into pleasant spring weather to do a job, check out our safety tips and spring...

TIPS TO USE YOUR HEAT EFFECTIVELY THIS WINTER
Winter heating costs can take a bite out of your budget in New England. Even with this year’s lower energy prices, the Department of Energy still estimates that the average household could shell out as much as $2,500 or more to keep warm over the colder months. Doing what you can to use your heating system efficiently can help you stay...

ICE DAM MYTHS YOU SHOULD IGNORE
Ice dams prevent melting snow from draining from your roof. This can cause serious damage to your insulation, ceilings and walls if the melted water seeps inside. This winter’s heavy snowstorms mixed with our chilly New England winters can cause these to develop. You can protect yourself against potential damage, but only if you understand what...