Communications

What Is Garage Liability Insurance?

Does your client’s business handle customers’ vehicles – e.g., repair shops, auto dealerships, service stations, etc.? Garage Liability insurance is a combination of General Liability and Auto Liability. It protects against potential liabilities for businesses...

Coinsurance: Protecting Your Clients (and Yourself)

The coinsurance section of a policy gives an insurance company the right to penalize a policyholder by reducing the amount of a claim payment in the event the amount of insurance purchased is inadequate. In most policies, the standard amount of...

J Stevenson Hired as MJ Kelly Branch Manager

LITTLE ROCK, AR (December 2, 2019) – MJ Kelly, a national commercial insurance brokerage headquartered in Springfield, Missouri, has hired Julia Stevenson as Branch Manager of its Little Rock office. Stevenson joins MJ Kelly with extensive experience in the...

Are Punitive Damages Punitive?

Punitive Damages (also called exemplary damages) are awarded to: Right a wrong that’s been committed against a victimPunish the offender for a particularly heinous act and / orDeter others from engaging in similar conduct in the future The issue of whether to insure...

Commercial Insurance Rates are Increasing

Most commercial insureds in the U.S. are seeing noticeable premium increases on their policies. Hold on tight – you likely won’t see much let-up in insurers’ drive for increased rates well into next year and possibly beyond. We are experiencing the biggest...

Talk Data To Me

Data breaches are perceived as one of the leading risks to businesses today. In the United States, the average cost of cybercrime was reported to be $27.37 million last year, according to Statista. And it’s not just large organizations being cyber-violated; 55% of...

Property Owners: Why You Need Lessor’s Risk Insurance

If you’re a property owner that leases space to office, retail or service-based tenants, lessor’s risk insurance (also known as building owner’s insurance), is essential. Lessor’s Risk protects your business and personal assets from issues if a tenant (or...

Ten Tips to Properly Cover Architects

Architects and engineers are highly specialized and technical professionals. The decisions they make on form and function build and shape the world around us. Their design decisions permeate a project; affecting cost, efficiency and even public safety. With such...

LinkedIn: What’s In It For You?

Ubiquitous internet has dramatically changed the customer journey as we know it. With Americans spending upwards of 120 hours per month browsing on smartphones and computers, we can’t ignore how this increasing trend is changing the way people do business. Did you...

Covering Wholesale Auto Dealers

Costs to enter the wholesale car business are low, as compared to new and used car dealerships. This is primarily due to the fact that wholesalers don’t have to invest in real estate and essentially only need a phone and auto hauler to transact business. ...

An Insurance Agent’s Guide to Decoding Transportation Terms

It’s critical for insurance professionals to be able to connect with their target clients. If transportation is your industry focus, the endless acronyms and trucking lingo can be challenging to navigate. Our team of transportation experts at MJ Kelly have...

Contractor Pollution Liability

According to a recent article in InsuranceJournal.com, Monsanto has more than RoundUp claims on its plate. Monsanto is now the target of lawsuits “trying to clean up toxic PCBs”, (polychlorinated biphenyls), a widely used fire-resistant chemical compound that the U.S....

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