Towers Watson, a global professional services company, recently released its latest Commercial Lines Insurance Pricing Survey (CLIPS), indicating that insurance prices rose by almost 7% in aggregate during the fourth quarter of 2012. This marks the eighth consecutive quarter of price increases and the…
We’ve been talking a lot about Sandy and the residual effects of the hurricane that hit the Northeast last October. And in the coming months we’ll continue to do so as different issues continue to arise, putting insurance in the spotlight as businesses…
Hurricane Sandy’s destruction along the Jersey Shore and the wreckage it left behind underscores the exposures properties face so close to the coast. Now many are rethinking the development that has taken place along the Shore over the last two decades and whether…
Realty TV has given us “Restaurant Wars” where chefs go head to head in setting up new eateries to see who has the best new food fare and business acumen, but on streets across the country, there is a new kind of war taking…
As we discussed in one of our earlier blog posts, employee liability lawsuits have risen over the last few years, including in the hospitality industry. Part of this can be attributed to a faltering economy that fuels a litigation environment; the other contributing…
Recently, it was announced that twenty-three global leading companies at the urging of the World Travel & Tourism Council (WTTC) and the International Tourism Partnership (ITP), have agreed to adopt a uniform way to calculate their hotels’ carbon footprint. This involves hotels…
In the last few months we’ve been featuring blogs and news about the new ADA standards regarding portable pool lift compliance in the hospitality industry. The deadline was March 15th but because of the expense and confusion the new rules caused among hotels,…
Niche wholesaler Insurance Programs of America (IPOAUSA), recently announced a new program that expands its offering and footprint in the Hospitality industry. The program, through Lloyd’s of London and offered exclusively by Florida-based IPOAUSA, provides Property, Liability, Data Breach, Employment Practices, and Umbrella…
Insurance Programs of America is getting ready to launch an exciting new hotel program for limited and full service hotels across the country. Stay tuned!
Description
Property:
Flexible Coverage forms: Bldg & Pers. Prop – Agreed Amount, RC, or ACV / Bus. Income – Actual Loss Sustained
Blanket limits available
Ordinance or Law coverage available
Deductibles starting at $1,000
General Liability:
Non Auditable Policies
No Exclusions for Assault & Battery or Firearms
First Dollar Defense available
Hired and Non…
