FCCI Insurance Group’s Post

Real estate attorney, Mark Hakim, sheds light on the crucial role of Directors and Officers (D&O) insurance for co-op and condo boards. In his latest feature in Cooperator News, he explained how D&O insurance protects board members from personal liability, ensuring that they can serve their communities without fear. Learn more about this essential coverage and its impact on governance, here: https://bit.ly/4d7S09x

The problem with shot gunning your submission to truck insurance providers: - lose credibility - waste your own time - waste underwriter's time - increased risk of higher premiums - potential delays in obtaining coverage How to beat going to the bottom of the stack: - pre-underwrite your risk - provide targets or expiring information - provide complete submission or documentation - clearly communicate your needs and expectations - build a relationship with your preferred market/underwriter Shot gunning submissions frustrate underwriters and can lead to missed coverage opportunities. Be precise and professional for better results.

Meet Austin Maxwell, CLCS, Associate Vice President of the #MarshMMA's Arizona Business Insurance division! With over a year of experience at MMA, he brings a fresh perspective to the team. Learn more about Austin here! #RealEstate #BusinessInsurance

If you hired an independent contractor for your business's plow needs this winter, you may want to ensure that they have their own insurance coverage. A plow can quickly and easily cause damage to your commercial property. Having a plow driver with the proper coverage is essential to make sure any damage they cause can be repaired. #snowremoval #insured #insureright #justright #BayCoastInsurance

You may be wondering what title insurance is and what happens once you go under contract to your new property. 🧐 Follow us as we will be sharing weekly videos for Realtors and Home Buyers on the ins and outs of the Title + Escrow process and equip you with all the things you need to know about getting to the closing table! 📝

Understanding 𝙧𝒆𝙥𝒍𝙖𝒄𝙚𝒎𝙚𝒏𝙩 𝙘𝒐𝙨𝒕 𝒗𝙖𝒍𝙪𝒆 is a key part in making sure personal & commercial assets are insured adequately – a conversation that comes up between our team and policyholders, and one our partner agents may often have with their clients. Take a look at our recent blog for some RCV 101 to help with those convos ➡️ https://bit.ly/3RBUTWG #BeingBadger #BadgerBlog #ReplacementCostValue #UnderstandingRCV

From title insurance to closing support, Property Transfer Services has you covered for all your real estate needs across four states. Experience our comprehensive services today! #PropertyTransferServices #Foreclosure #Closing #RealEstate #TitleInsurance

Discover the hidden risks of balcony fires in apartment buildings and how our team at WSRB can help insurers identify potential exposures quickly. Protect your book of business! #FireSafety #Insurance #RiskManagement

🏈🎉🏠 NFL Draft night! Drafting your home team? Ensure a winning lineup with these essential picks: A Thorough Title Search - Just like a top draft pick, a comprehensive title search is crucial. It ensures there are no hidden issues with the property's title that could cause problems in the future. Owner's Title Insurance - This is your defense against unforeseen claims against your property's title. It protects you from financial loss due to title defects, such as outstanding liens or errors in the title. Clear Title - You want a title that's free of any clouds or disputes. Clearing the title ensures that you have full ownership rights without any legal challenges. Insurer Reputation - Just like a wildcard draft pick, the reputation of your title insurance company matters. Choose a company with a strong track record of customer satisfaction and claims resolution. #TitleInsurance #NFLDraft2024