property
August 19, 2026
Addressing 4 Common Sources of Commercial Property Insurance Claims
Commercial property insurance claims can arise from numerous unexpected events. An electrical fire may destroy critical equipment; a severe storm may hit without warning, damaging a building’s exterior and allowing water to enter the property; or an act of vandalism may damage fixtures, resulting in significant repair expenses. These and other incidents can cause substantial...
July 29, 2026
What to do in the First 24 Hours After a Commercial Property Loss
A fire, severe storm, burst pipe or other property loss can disrupt business operations in an instant. While the damage itself may be unavoidable, the actions taken during the first 24 hours can significantly influence the claims process and the speed of recovery. By responding promptly and documenting the situation carefully, businesses can help protect...
July 21, 2026
Understanding Commercial Insurance Sublimits
Most business owners know their policy’s overall limit, the maximum amount an insurer will pay for a covered loss. Fewer understand that many of those same policies contain sublimits, smaller caps buried inside the broader coverage that apply to specific types of losses. A business can carry a $2 million property policy and still discover,...
June 22, 2026
What to Do in the First 24 Hours After a Commercial Property Loss
A commercial property loss can come without warning. Whether a fire breaks out overnight, a storm damages the roof or a pipe bursts and floods the building, the hours immediately following a loss have an outsized effect on the outcome of any insurance claim. Missteps during this period, including premature cleanup, delayed notice and poor...
July 3, 2025
Reinsurance Market Conditions Favor Loss-free Buyers At Midyear
Reinsurance buyers saw plenty of capacity for the mid-year renewals as demand for property catastrophe reinsurance ramped up and reinsurers saved their best pricing for loss-free accounts, according to broker reports. “Despite an active first half for natural catastrophe losses, mid-year renewals experienced a broadly competitive environment as reinsurers, ILS markets and new entrants sought...
January 28, 2025
Earthquake Awareness Month
February is Earthquake Awareness Month. It is a good time to make sure your property is protected against the impact of earthquakes. Even though earthquakes are seen as more common on the West Coast, earthquakes have occurred in 39 states. Consider implementing the following safety measures to protect your property from the impacts of an...
October 10, 2024
Commercial P&C Rates Up 3.8% in Q3, but Q4 Could See Hurricane Effects
The U.S. property and casualty insurance market saw rates rise an average of 3.8% for commercial lines and 6.75% for personal lines in the third quarter, according to the latest data from MarketScout. The average increases for Q3 are down from 4.36% for commercial lines and 7.6% for personal lines in the second quarter. The...
August 6, 2024
Factors to Consider When Estimating Maximum Loss of Business Income
Business interruption insurance can offer much-needed financial protection when an organization’s usual business activities are disrupted by covered perils (e.g., fires, theft, vandalism, heavy wind and hailstorms). Sometimes called business income insurance, this form of coverage can be purchased as a supplement to commercial property insurance or secured through a business owner’s policy—a bundled insurance...
February 20, 2024
These Regulatory Changes Could Impact Future Property Claims
The start of 2024 brought a host of changes that could impact property claims, including updates to major codes and guidelines that affect residential and commercial policyholders dealing with new construction, renovations, and replacement HVAC equipment. Adjusters should be aware of new sections in the 2024 International Building Code (IBC) as well as amendments to...
- 1
- 2