By Sue Quimby According to the National Flood Insurance Program (NFIP), floods are the #1 natural disaster in the United States, causing over $2.7 billion per year from 2000-2010. Since flood damage is excluded in most standard insurance policies, it is important that every insured consider adding flood coverage to their insurance portfolio. Understanding the
Meet Gayla Martin, 2022 International Confidence While Communicating (CWC) Speak Off Winner I am a Senior Account Manager at Resource Pro in Lincoln, NE. As an Account Manager I assist clients with their insurance and risk management decisions. I help clients identify new exposures, leverage relationships with carriers, conduct risk assessments, implement risk management strategies,
By Sue Quimby According to the National Fire Protection Association (NFPA), arson is the leading cause of fire property damage in the United States. There are over 500,000 fires set intentionally each year, resulting in over $2 billion in property damage. Insurance is intended for fortuitous events, not intentional acts. Knowing the causes and signs
By Robert H. Wilson It is safe to say that we do not know that which we do not know. However, intelligent people tend to recognize there are things they do not know, they just have not yet had the opportunity to learn what they have yet to know at some point. Or something like
By Keri Herlong Last year, my husband and I sold our home and moved to a new home. The “new” home is approximately the same age as our old home but needs extensive renovation. All the way from the driveway to the roof. When we moved nine months ago, I knew renovation would be a
By Robert H. Wilson Workers’ Compensation, as an industry, has a marketing problem. It is probably better described as a messaging problem. It has long been true that the industry has been broadly defined by the negative stories that find their way into local and national press publications and media outlets. We have been generally
by Jonel Thames Leake, CPCU, ASLI, AAI, CPIW, DAE, CLP The trust paperwork is signed, and all your assets have been transferred into your trust. Estate planning has commenced. If you haven’t set up a trust or if you don’t plan on setting one up, your estate planning may consist of making sure your beneficiaries
by Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE Having a roof over your head is one of life’s basic necessities. While essential, a roof can also be the cause of claims and problems. The roof is often the first defense against the elements, and a key to the structural integrity of the entire building.
By: Jonel Thames Leake, CPCU, ASLI, AAI, CPIW, DAE, CLP Let’s gather information by crowdsourcing.Join a mastermind group.We should brainstorm.Make sure you avoid group think. I bet you have heard one or more of those statements in the past several months. These terms have become buzzwords in today’s business world. Have you ever wondered what
An industry that is too important to fail suffered claims of almost $7 billion in 2021 and now looks to take the lead in reducing client risk By Stephen Moramarco The cyber insurance industry, battered by a seemingly unending onslaught of claims, is reaching a breaking point. According to the FBI’s latest Internet Crime Report,