Tag Archives: International Risk Management Institute

How to Avoid a Coinsurance Penalty on Your Property Insurance Policy

How to Avoid a Coinsurance Penalty on Your Property Insurance Policy

The word “coinsurance” is often one of the most misunderstood and confusing terms used in the insurance industry. When used in context with property insurance, the word’s meaning differs from when it’s used in context with health insurance. For the purposes of this blog, we are going to look at coinsurance as it relates to […]

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When the Wrong Mold Is In the Wrong Place

By Richard A. McGrath, CIC, LIA Don’t be alarmed, but there’s mold in your home. There’s mold in your neighbor’s home, too.  It’s also in your hospital, the pre-school where your children play and the White House. In other words, mold is everywhere and eliminating it is impossible.  There are more than 100,000 species of […]

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