January 2, 2006
Agent Dave Sinclair remembers his first construction account well since it was only about six years ago. It was a plumber contract with a premium of about $70,000. Today Sinclair’s Wallingford, Conn.-based agency writes about $25 million in construction related …
January 2, 2006
The construction-defect wave of the past decade has demonstrated that a comprehensive litigation risk management program must address a project’s needs at pre-construction, during construction and at post-construction and involve multiple facets of the developer’s organization. This article will address …
January 2, 2006
The National Restaurant Association forecasts the following trends: Restaurants as homes away from home. With growing demand from plugged-in Americans accustomed to operating in a 24/7 society, look for restaurants to bring televisions and wirelesss Internet access to the table. …
January 2, 2006
Producers in construction offer advice for producers breaking in “Affiliate with another agency that knows the industry and has the right markets. There are a limited number of markets out there for contractors and they vary in whether they want …
January 2, 2006
Stock Prices: Insurance brokers continued to experience gains in their stock prices in October and November. The median increase was 6 percent compared to a 10 percent increase for the August and September period. With the exception of Willis, all …
January 2, 2006
The list of insurers is hsorter and restrictions longer When he is presented with a construction account at his office on Fifth Avenue in Manhattan, Rubin Alspector can quickly determine which insurers might write it. He knows his standard markets …
January 2, 2006
Artisan contractors are being squeezed in the insurance market as general contractors and insurers do what they can to transfer and limit their exposures, especially in so-called “pain” states. Artisans are contractors in roofing, farming, air conditioning, electrical, plumbing, framing, …
January 2, 2006
Restaurant industry sales are expected to reach a record $511 billion in 2006, the first time sales will cross the half-trillion dollar mark. According to the National Restaurant Association’s 2006 Restaurant Industry Forecast, the projected annual sales would mean a …
January 2, 2006
Backed up at an intersection? Wary of those tough left-hand turns against oncoming traffic? A new roundabout might solve your traffic headache. Roundabouts, or modern traffic circles, have grown in acceptance in recent years, cropping up across the country as …
January 2, 2006
The National Association of Mutual Insurance Companies based in Indianapolis, Ind., will support a legislative study on auto theft in Arizona when the bill is heard in the state’s legislature. A proposed bill has been pre-filed for possible consideration. SB …