Construction
Where are we filing the claim?
Industry Specialties
Hodgepodge
Middle Market
200
A specialized type of non-standard property insurance designed to cover property in the course of construction. Coverage can include property at the construction site but also property at off site storage locations and in transit. Can be written on either a completed value or reporting form basis using the estimated completed value of the project as the limit of insurance.
What is a Builders' Risk Policy?
200
The controller of a company contacted clients and offered them discounts if they would pay their invoices in cash. He then applied only a small percentage of what he received to the client's account. By the time the company realized what was happening over one million dollars was embezzled and the FBI was contacted.
What is Crime?
200
Written to meet the needs of a commercial property owner. Typically covers repair or replacement of the property structures, unattached structures, the contents inside the property that belong to the property owner and loss of rent.
What is real estate?
200
A fictional insurance salesperson character appearing in more than 100 ads for Progressive Insurance since 2008. Portrayed by actress and comedian Stephanie Courtney, the character has developed a fan base on social networks and has become an iconic advertising mascot.
Who is Flo?
200
**VIDEO DAILY DOUBLE**
What is a minimum account revenue of $10,000.
400
Needed by any contractor or business that owns, rents or regularly uses equipment. Coverage is flexible because it can extend to construction projects, jobsites, fixed locations and while in transit. Examples of items insured include tools, bulldozers, concrete mixers, trailers and backhoes.
What is Contractors Equipment Coverage?
400
During day one of a construction project, an HVAC unit was delivered to the jobsite and partially installed on the roof of a building but had not yet been completed or put to its' final intended use. Overnight, the building caught fire and the HVAC unit was completely destroyed.
What is Inland Marine Installation Floater coverage?
400
Includes coverage for the general contractor, carpenter, electrician, landscaper, painter, flooring installer, tree service, welder or handyman.
What is Construction or Contractor insurance?
400
This oldest insurance market in the world, founded in 1688 is also used as the Ministry of Magic in the Harry Potter films. 
What is Lloyds of London?
400
In Middle Market, we start the renewal process this many days prior to the renewal by sending the renewal exposure workbook to the insured to update for the coming term and send back to us to engage the renewal process.
What is 120 days in advance?
500
Insures property the named insured installs, fabricates or erects in buildings being renovated, upgraded or remodeled. Applies to both owned property and property of others. Consists of materials, supplies, machinery, fixtures and equipment that will become a permanent part of an installation or construction project on the construction site.
What is an Installation Floater?
500
A customer purchased a used computer that used to belong to a pharmacy. During inspection they found that the computer contained old information of the pharmacy's patients, such as prescription records, names, addresses and social security numbers. The cost of notifying parties that were affected per state law totaled almost $110,000.
What is Cyber Liability?
500
Refers to large scale production of goods that converts raw materials, parts and components into finished merchandise using manual labor and/or machines.
What is Manufacturing?
500
Now it's raining more than ever, you can stand under my form of business insurance that supplements basic liability policies in order to provide an additional layer of coverage.
What is an Umbrella?
500
Prior to engaging in the remarketing process we review these documents which provide a current picture of all of the claims filed within a lookback period of five years to evaluate the profitability and quality of an account.
What are loss runs?
800
A contractors-based policy, offered on a claims-made or occurrence basis, that provides third-party coverage for bodily injury, property damage, defense, cleanup and related defense costs as a result of a pollution condition (sudden/accidental or gradual) arising from contracting operations performed by or on behalf of a contractor.
What is Contractors Pollution Liability?
800
A female employee working for a service company alleged that several employees made inappropriate sexual comments towards her. The plaintiff alleged that after she complained, the manager engaged in the practice of retaliation. She contended that she was excluded from certain meetings, taken off certain projects, treated rudely and received a negative evaluation. Defense and settlement exceeded $550,000.
What is Employment Practices Liability?
800
Specialized coverage is needed for these entities that do not distribute profit to owners, members or other controlling parties with the purpose to improve the quality of life for others at a community, local, state, national or even global level.
What are Non-Profits?
800
A type of insurance created to insure retailer promotions and games of chance such as Hole In One contests and prediction contests where you win a free living room set if it snows at least a foot on a specific date, are known as.
What is prize indemnification insurance?
800
The National Council on Compensation Insurance (NCCI) promulgates this work sheet to reflect the payroll and claims data on an employer using the three most recent, expired Workers Compensation policy periods. This compares the actual incurred loss experience of an insured to the losses that are expected for its industry class and payroll size.
What is an Experience Rating? (EMR, experience mod, mod factor)
1000
A stand alone policy that covers the named insured's liability for bodily injury (BI) and property damage (PD) caused, in whole or in part, by an independent contractor's work for the insured. Provides project owners with coverage beyond what they would receive as Additional Insured on a contractors CGL policy and includes limits specific to the project owner and primary coverage for the owner without contribution from the owner's other insurance. Does not include completed operations coverage; once the work at the site is complete, protection ends.
What is Owners and Contractors Protective (OCP) Liability Coverage?
1000
An investment firm purchased a chain of hotels from a privately held company. A short time later they re-sold the hotel chain at a significantly higher price.
Shareholders sued the Insured alleging the board of directors lack of due diligence and undervaluing the company resulted in a significant loss of shareholder investment value. A settlement over $500,000 was rendered.
What is Directors & Officers Liability?
1000
Segmented into categories which include wood manufacturing and building material dealers (retail/wholesale distribution). Examples would include sawmills, veneer mills and pallet operations. Anything that starts with processing and cutting of logs could fall into this segment.
What is Lumber?
1000
An agreement between an insurance company and a business owner to share the cost of a claim. It is calculated by taking the loss against the limit carried over what should have been carried, minus the deductible.
What is coinsurance?
1000
**VIDEO DAILY DOUBLE**
What is a Stewardship Report?