• ISO Commercial Lines Cannabis Exclusions

    ISO Commercial Lines Cannabis Exclusions With cannabis becoming legalized for medical and recreational purposes in more and more states, insurance needs to address the issue. ISO has just released several endorsements excluding cannabis for agricultural capital assets output policies, commercial...

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  • Earthquakes and Insurance

    Earthquakes and Insurance Summary Mother Nature is a powerful and uncontrollable force. Of all the natural events that occur, earthquakes are among the most destructive. According to the U.S. Geological Survey (USGS), our nation experiences approximately 20,000 earthquakes a year, mostly small....

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  • Does My Business Need Flood Insurance?

    Does My Business Need Flood Insurance? Of all the natural disasters, floods are the most common. Yet many businesses and homeowners do not carry insurance to protect them from this potentially devastating risk. The standard ISO commercial property and businessowners policies do not provide...

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  • Which Deductible Applies to Wind and Lightning Loss

    Which Deductible Applies to Wind and Lightning Loss Commercial insured has a CP 0010 10 12, Special Cause of Loss form. There is a multiple deductible form with a $10,000 deductible on wind and hail and a $2,500 deductible for all other covered causes of loss. There was a storm in which the...

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  • After a Quake: Insurance Coverage in Earthquake Disasters

    After a Quake: Insurance Coverage in Earthquake Disasters On January 12, 2010, a magnitude 7.0 earthquake struck the island of Haiti. The quake affected almost 3 million people, and aid was provided by  many countries. At least 300,000 people were injured, and an...

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  • Your Belongings Form

    Your Belongings Form Includes copyrighted material of Insurance Services Office, Inc., with its permission. April 7, 2019 As generations come and go society changes. Those brought up in the sixties had different experiences than those brought up in the nineties, and the trend continues. In the...

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  • A Discourse On The Pollution Exclusion

    A Discourse On The Pollution Exclusion Summary: Pollution, and the associated costs of cleaning polluted sites, has become one of the major problems facing the insurance industry during the last several decades. The main problem stems from judicial interpretation of the pollution exclusion, as it...

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  • Personal Umbrella Policy

    Personal Umbrella Policy Includes copyrighted material of Insurance Services Office, Inc., with its permission. ISO Coverage Form Summary: Insurance Services Office (ISO) developed a personal umbrella form in 1998. It was updated in 2006, and again in 2015. The personal umbrella policy DL 98 01...

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