CAPTIVE INSURANCE…WHAT?… WHY?
Frequently I am asked by larger propane and fuel distributors whether they should consider joining a “captive” insurance program rather than using a standard insurance company to handle the risks they face. My response is [...]
TIE IT DOWN, LIGHT IT UP, LOCK IT UP, HIDE THE KEYS
The month of July began as usual-hot and muggy with a hint of rain. Then the phones started ringing. And the craziness of the world around us seemed to be finally getting to the propane [...]
THE ACTIONS WE TAKE AFFECT OURSELVES AND MANY OTHERS
I recently devoted some time to reflection upon my time in this industry. Twenty-six years insuring propane marketers. Twenty-six years of working with good people who make their living selling a fuel that is clean [...]
WORKERS’ COMPENSATION DILEMMAS
Several times a year, we get calls from propane marketers that have had their general liability policy audited. If it has been a warm winter, they are generally happy that there will be a return [...]
IS THE CORONAVIRUS A COVERED PERIL UNDER BUSINESS INCOME?
Beginning the second week in March, the phones in our office started ringing with propane marketers calling to ask if they had any coverage under their Property Policy-Business Income if they were forced to [...]
Fleet Safety Program
How Good is Your Fleet Safety Program? Frequently when we talk to propane marketers regarding their insurance loss ratio, the only item discussed is the General Liability. The fact that there are not any [...]
DOES YOUR INSURANCE PROGRAM STACK UP?
The above question is asked many times by propane marketers who visit with us at the trade shows that we attend, or when we receive a call from a marketer who has just found out [...]
RECONSTRUCTION COSTS AND HOW THEY APPLY TO INSURANCE
California wildfires in 2017 destroyed more than 10,000 structures. In 2018 that number doubled to more than 22,000, and the outlook in future years is unlikely to improve. Couple that with the more than 693 [...]