richarduwresourceJul 28, 20214 minBoiler Plate or Cookie CutterThere are 2 theoretical questions which have yet to be solve. The first is how man angels can fit on the head of a pin? The other...
richarduwresourceJul 16, 20213 minA Few Thoughts on Stop GapAs a general liability underwriter, one of the most common coverage extensions requests I received was to add “stop-gap” coverage to the...
richarduwresourceJun 30, 20216 minSale on Business Insurance in Aisle 3!I recently presented a webinar on the topic of Evaluating for Risk Quality. Part of my presentation discussed the impact of relative risk...
richarduwresourceJun 23, 20213 minWhat to Know About Actual Loss Sustained BIIn the last decade (or perhaps longer), it has become more of a standard practice for insurance agents to request to write Business...
richarduwresourceJun 9, 20212 minThe Truth About CoinsuranceCoinsurance is not a penalty. Coinsurance provisions are mechanisms to make commercial property insurance more affordable. What?...
richarduwresourceJun 2, 20213 min3 Things About Designing Business Insurance Programs1. What Needs to Be Insured? We are taught early on in our careers we should insure everything that is insurable. People are bombarded in...
richarduwresourceNov 29, 20203 minMinimum premiums - What are they and what are they for?During my underwriting career with multiple insurance companies, I’ve charged minimum premiums countless times. To me it was common place...