Search Results for: blog what is specialty lines insurance

Insurance Blog Week In Review August 22-28, 2007

Insurance Term Of The Week: Dog Bite Liability Wednesday August 22, 2007. For the Small Business the week started with information about liability and Insurance many individuals and businesses need to consider. The Difference Between Claims Made and Occurrence Liability Policies, may not be the most exciting thing to read but, interesting for any small business person. Thursday August 23, 2007. The Small Business Insurance category has been a little slow, so I decided to build on yesterday and add The Basics about General Liability and Professional Liability Insurance I know this isn’t as exciting as Body Part Insurance, but … Continue reading →

Insurance Blog Week In Review August 15-21, 2007

Insurance Term Of The Week: Surplus Lines Insurance Wednesday August 15, 2007. Surplus Lines Insurance markets are needed to provide alternatives for unusual or higher risk insurance not offered by licensed insurers or insurance companies in the state a customer lives. There are often situation where insurance coverage is unavailable from licensed insurers because of the risk exposures or because coverage terms and conditions don’t provide the specific insurance a customer needs. Related Blogs: Some History About Lloyd’s Of London Speciality Lines Insurance Million-Dollar Legs. Body Part Insurance This week I decided I wanted to get the Glossary of Insurance … Continue reading →

Surplus Lines Insurance

Surplus lines insurance markets are needed to provide alternatives for unusual or higher risk insurance not offered by licensed insurers or insurance companies in the state a customer lives. There are often situation where insurance coverage is unavailable from licensed insurers because of the risk exposures or because coverage terms and conditions don’t provide the specific insurance a customer needs. When a customer isn’t able to find insurance coverage from licensed companies, the surplus lines market provides a choice and flexibility. Surplus lines underwriters then to be creative and innovative with the products they have to offer. There are several … Continue reading →

Insurance Blog Week In Review August 8-14, 2007

Insurance Term Of The Week: Specialty Lines Insurance Wednesday August 8, 2007. Fire Safe Landscape Additions and Improvements Tips Homeowners have the obligation of protecting their home and personal property and to reduce the risk anyplace possible. It’s important to do routine maintenance and consider choice we make when landscaping to reduce the risk of fire. There are several Blogs about Fire Safe Landscaping. Thursday August 9, 2007. Fire Smart Landscape Maintenance Reminders One of the most expensive investments most people will ever make is purchasing a Home and what we do with our landscape and maintenance is an important … Continue reading →

What Is Specialty Lines Insurance?

Have you ever wondered how someone might insure their home made airplane, or the private island they own someplace not even listed on a map? What about celebrity insurance, and Betty Grables million dollar legs? There are always going to be some people who create, or posses something of unusual value. There will always be a few people so daring that they become an unusual Risk. Not everyone will have legs with a value of a million dollars, but for those who do they will need to find insurance in the “Specialty Lines” market. Specialty lines insurance markets are a … Continue reading →

Insurance Blog Week In Review March 6-12, 2007

Insurance Term Of The Week: The Insurance Term Glossary I’m still working hard to organize my own personal insurance. It’s a lot of work and responsibility but, part of living a financially secure lifestyle. Wednesday, March 7, 2007. Parental Liability: When your Child become a Parent. When a teenage girl has a baby it is automatically reported to the state child support agency by the welfare department. When the agency receives a minor-mother referral, it begins legal proceedings against three parties: The father of the minor-mother. The mother of the minor-mother. And the father of the minor-mother’s child. Thursday, March … Continue reading →

Lloyd’s of London and Some of The Risks Insured, or Not.

In the History of Lloyd’s of London Blog I wrote about how the underwriting syndicate started in the coffee house of Edward Lloyd during the late 1600’s. Today Lloyd’s is well known as the insurance market where anything can be covered for the right premiums. It’s not completely fact that Lloyd’s will insure anything, but they will consider unusual assets and greater risks. Lloyd’s underwriters have agreed to insure everything from the 1st airplane to Betty Grables legs. Even John Glenn America’s 1st astronaut, was insured with Lloyd’s. From shipwrecks and piracy to Kidnap and Ransom Lloyd’s can often find … Continue reading →

Some History About Lloyd’s of London

How often have you heard about the Lloyd’s of London insurance someone or something has in place? One of the oldest providers of unique Specialty Lines Insurance coverage Lloyd’s of London began in Edward Lloyd’s Thames-side coffee house in Tower Street in the City of London, England. The exact date of the original establishment isn’t known, but there’s evidence Lloyd’s coffee house was popular with the London business circles as early as 1688. Today, Lloyd’s is the world’s leading insurance market. Not to many people make it very long in life without hearing about this insurance provider.But, Lloyd’s isn’t the … Continue reading →

Paying Off Loans

If you have debt and are looking to start paying it off, then you need to evaluate where to put your money first. For those with a couple of loans, this process may only require a piece of notebook paper. But for most of us with a variety of loans and debts, create a spreadsheet to compare the variances between them. These differences will help you decide which loans need to be paid off first. Start by lining up all your sources of debt. Common types include: *Mortgage *Home Equity Loans *Lines of Credit *Credit Cards *Student Loans *Automotive Loans … Continue reading →

Landslides and Mudslides

I live in the Pacific Northwest, along the Lewis and Clark Trail, where the air is wet and the world is green. We have a lot of rain, and even more days I just call “wet-air” where it isn’t raining but, the sun is covered from view by a blanket of damp think air. It makes for a lush moist environment. The problem is our ground is wet, and we live along rivers, near tall mountains and nature is much bigger than anything any man has built around here! Landslides are normal catastrophes too many families around here face. Even, … Continue reading →