Why Commercial Umbrella Liability Insurance Is So Important for the Real Estate Sector

Slips and falls and customer injury rank among the top ten claims in the real estate industry. General Liability...

Hurricane Season: Understanding the New Normal

As each new year brings hurricanes with varying degrees of devastation, one thing is clear: the frequency and severity...

Embracing New Restaurants in a Stable Market

Check out Rough Notes for info on the current pulse of insuring bars and restaurants, which are often product...

Why Community Associations Need D&O Insurance

The broad nature and fiduciary responsibility of a community association and its board members leaves an organization and each...

Ensure Clients are Risk-ready with Community Association Insurance

We took a look at the various exposures community associations face and put together a trifecta of coverages to...
Real Estate
Why Commercial Umbrella Liability Insurance Is So Important for the Real Estate Sector
Real Estate
Hurricane Season: Understanding the New Normal
Hospitality & Restaurants
Embracing New Restaurants in a Stable Market
Community Associations
Why Community Associations Need D&O Insurance
Community Associations
Ensure Clients are Risk-ready with Community Association Insurance
Umbrella Liability insurance
Real Estate

Why Commercial Umbrella Liability Insurance Is So Important for the Real Estate Sector

Slips and falls and customer injury rank among the top ten claims in the real estate industry. General Liability coverage helps pay for legal defense and any settlements an insured faces in these and other types of lawsuits, but often the limits in underlying policies are not enough to cover catastrophic and unforeseen losses that today can run into the millions of dollars. In fact, larger trial verdicts—including in wrongful death lawsuits—are becoming more common.

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Real Estate

Hurricane Season: Understanding the New Normal

Hurricane season is approaching, and with it, a new reality when storms hit properties in its path. According to a recent report put out by Zurich North America, one of our key carrier partners, despite the overwhelming evidence of a “new normal,” communities are not taking broad action to protect their coastal areas and vulnerable properties and infrastructure. The risks remain high for property owners.

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D&O insurance
Community Associations

Why Community Associations Need D&O Insurance

The broad nature and fiduciary responsibility of a community association and its board members leaves an organization and each individual vulnerable to a host of liability lawsuits from residents and employees. Their responsibilities include everything from establishing an annual budget to collecting dues and fees, maintaining the common areas, and adopting and enforcing rules and regulations, etc.

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community association insurance
Community Associations

Ensure Clients are Risk-ready with Community Association Insurance

We took a look at the various exposures community associations face and put together a trifecta of coverages to help protect an organization’s bottom line. From the potential for a multi-million-dollar lawsuit stemming from a serious injury on the premises, to board disputes and allegations of discrimination and harassment that can jeopardize the assets of individual board members and the association itself, and employee theft that can drain the coffers of a community, our Community Association Combo insurance program is ready to respond with Umbrella, D&O and Crime insurance.

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cyberattacks
Hospitality & Restaurants

Hotels Are a Target for Cyberattacks

The last thing your hotel guests want to discover is that your computer system suffered a cyber breach and all their personal information was leaked. The hospitality industry continues to be a target for cyberattacks due to the wealth of e-info it amasses—credit cards, names, addresses, just to name a few. When a cyberattack hits, the damage can go from bad to worse: from stolen data and locked software to costly fines and major damage control of a brand name.

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cybercrimes
Community Associations

Community Associations Stepping Up to Prevent Cybercrimes

While community associations may tend to focus on the physical, concrete issues pertaining to their communities, a community’s risks in cyberspace are gaining widespread attention. And it’s warranted—more than half of all malware attacks target small businesses. And with cybercrimes racking up $100 billion in damages annually, it’s more important than ever to safeguard the data that community associations store.

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uncovered exposure
Hospitality & Restaurants, Risk Insight

Top uncovered exposure for a hotel may surprise you

Slip-and-fall injuries are undoubtedly the most common claims in the hospitality sector. But there is another hazard that is making a serious comeback—and is often an uncovered exposure in policies, resulting in costly losses. That risk is legionella, which can be found in water systems, like showers, pools, and fountains, and new bacterial outbreaks have been making headlines nationwide.

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fraud
Community Associations

How to Prevent Fraud in Your Community Association

What makes community associations a major target for fraud? To start with, it may be the misconception that only big businesses suffer from embezzlement or fraudulent practices. And when you factor in the self-managing nature of communities—and that neighbors typically trust neighbors—when money is stolen or mismanaged, it can lead to serious repercussions for everyone in the association.

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restaurant umbrella
Hospitality & Restaurants

ProHost USA Acquired By Distinguished Programs

Our restaurant program just got a new addition to its menu! Distinguished Programs is excited to announce the acquisition of ProHost USA, a leading specialty insurance program in the hospitality industry. Based in Minneapolis, ProHost has a strong 30-year track record of providing tailored packages for family, fine dining, and fast casual restaurants as well as start-ups, wine bars, and caterers!

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hotel security
In the Press, Hospitality & Restaurants

Hotel Security Improved Since Vegas

Hotel security protocol has upped the ante in the nearly year and a half since the Mandalay Bay mass shooting in Las Vegas, which claimed the lives of 58 concertgoers at a nearby musical festival. Brooks Chase, president of Distinguished Specialty, was featured in Resort Trades, where he spoke to the changing landscape of the hospitality industry in the wake of violent events.

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