Stay informed on emerging issues and trends in the insurance industry.
Properties with EIFS have frequent reports of loss due to water damage. Here we discuss the importance of understanding your client’s financial exposure to specific EIFS risks and highlight the common exclusions that could potentially limit coverage.
Market cycles are nothing new to the insurance industry; however, the hardening in real estate is unique both due to its persistency and severity. We are seeing a combination of restricted terms, diminished coverage, increased rates and greater underwriting scrutiny unlike anything in recent memory.