By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD One undeniable fact about the construction industry is that there is always the presence of risk. While contractors do have control over many factors, they simply cannot control them all. Even the most careful companies or observant property owners can find themselves … Continue reading Builders’ Risk — Covering Construction Liability
By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD Describe your job. What do you do? I provide advice and specific insurance coverage to owners of businesses, with a focus on income producing property accounts, such as apartment owners, shipping center owners, office buildings, etc. How/Why did you get into the … Continue reading Life at Georgetown – Joseph Smith
In this month’s craziest claim, we leave with the sobering reminder of how quickly a seemingly harmless situation can escalate. As with most of our craziest claims…it started as an ordinary day. One of our clients, a contractor, had two employees who were working in a yard. One employee picked up a small rock and … Continue reading Craziest Claim of the Month – “It’s a Hard Rock Life”
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD The world of insurance underwriting has changed to keep up with today’s business world. It used to be buyers submitted an insurance application along with 3-5 years of loss history, they received a quote and then a policy was issued if the quote was … Continue reading How Workers Compensation Underwriters are Looking at You
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD We are constantly asked why auto insurance premiums are going up so regularly. Unfortunately, I can tell you from a recent life experience. I was at a swim meet, and another driver was nice enough to “hit and run” the front end of my … Continue reading Why is my Auto Insurance premium going up?
You know those stories. Those ones that get told over and over again. Well that’s exactly what’s coming your way this month. September’s craziest claim is a legend around the office. One our clients had a team working at a job site where they came across a groundhog hole. Despite being told to leave the … Continue reading Craziest Claim of the Month – “Groundhog Gone Wild”
As we discussed in our blog earlier this month, September is National Preparedness Month, an initiative by the Ready Campaign “designed to educate and empower the American people to prepare for, respond to and mitigate emergencies” (source). This week’s theme is ‘Check Your Insurance Coverage.’ If a disaster strikes, insurance is your first line of … Continue reading Preparedness Month: Check Your Insurance Coverage
By Thomas Wagaman, Associate Georgetown Insurance Service, Inc. Silver Spring, MD 20901 Describe your job. What do you do? My job is to make sure that businesses are getting the best possible value with their business insurance. I start the process by identifying businesses who I feel like I have the opportunity to help. Once … Continue reading Life at Georgetown – Thomas Wagaman