Industry Insights
All the latest posts from the experts at Jencap. Stay up-to-date on industry trends to maintain your competitive edge and provide timely, accurate coverages for your clients.
8 Cybercrime Trends to Watch Out for in 2023
Although there may be a few frightening characters who show up at your door this Halloween, cyber threats are far scarier (and not likely to be appeased by just a few pieces of candy). The FBI reports that in the US alone, potential losses from cyber crimes exceeded...
Jencap Group Acquires Tarheel Insurance Services, Inc.
New York, NY (October 3, 2022) – Jencap Group LLC (Jencap) announced today that it has agreed to acquire the assets of Tarheel Insurance Services, Inc. (Tarheel), a full-service specialty Workers’ Compensation wholesale brokerage based in Statesville, NC. Tarheel will...
Consumption Lounges: A “Budding” Opportunity
With public opinion warming and state legislation loosening around cannabis, a new type of venue is hitting the social scene. Cannabis consumption lounges—sometimes called cannabis bars—are popping up across states that have legalized recreational marijuana....
What to Tell Commercial Property Owners about Rising Valuations and Policy Premiums
When insuring a new commercial property, one of the first steps in the process is to carefully analyze and estimate the property’s total value. For both the insurer and the insured, it is important to get the most accurate valuation possible. On the insurance side,...
Understanding Types of Ownership and Insurance Coverage Options
Trusts, estates, LLCs, and family limited partnerships are just some types of ownership used for properties and assets. They're gradually becoming more common because they're a good option for wealth management and the transfer of legal ownership for properties such...
Jencap Announces Strategic Promotions to Divisional Management Team
Alpharetta, GA (August 11, 2022) – Jencap Group (Jencap) is pleased to announce two strategic promotions to the divisional management team of Jencap Insurance Services Inc (JCIS). Tara Gudenkauf has been promoted to Property and Casualty Binding Practice Leader and...
The What, When and Why’s of Stock Throughput Policies
If your client’s business involves assembling, importing, exporting, manufacturing, transporting, and/or distributing goods—a Stock Throughput Policy (STP) may be needed to cover their risk exposure. What is a STP A STP is a form of marine coverage that protects a...
Risk Innovations Rebrands to Jencap Insurance Services Inc.
Atlanta, GA (August 1, 2022) – Risk Innovations, a national wholesaler that specializes in Workers’ Compensation, announces a new name and brand identity. Acquired by Jencap Group LLC (Jencap) in 2018, Risk Innovations will now operate as part of Jencap Insurance...
Top 4 Cities at Highest Risk from Hurricanes
A new report shows that New York, Miami, Tampa and New Orleans have the highest risk of heavy property damage from hurricane storm surges. Your clients in these areas need to pay particularly close attention to their insurance policies to ensure they have the...
Top 20 Most Dangerous Jobs in the United States
According to the Occupational Safety and Health Association (OSHA), incidents of worker injury, illness, and death have decreased significantly across all industries. Nonfatal workplace injuries and illnesses decreased by 5.7 percent between 2019 and 2020. Fatal work...
A Guide to Collectible & Personal Article Floaters
It's a common misconception that Homeowners', Renter’s, and Dwelling policies cover all personal property, but that's not the case. While they cover some personal effects, there are often limitations and exclusions on what the policies will pay out, meaning homeowners...
Important Trends Impacting Inland Marine Insurance
A variety of trends—including gas shortages, shipping delays, inflation, extreme weather, and the COVID-19 pandemic—have significantly impacted the Inland Marine Insurance industry. This unprecedented volatility has led to increased rates, new exclusions, and tighter...
Jencap Launches Cannabis Site Pollution Liability (SPL) Insurance Program
New York (June 8, 2022) - Jencap Group LLC (Jencap) has launched an exclusive, niche program offering monoline Site Pollution Liability (SPL) for cannabis risks. The program is specifically designed for cannabis growers, processors, laboratories, warehouses, and...
CGL vs. Garage Liability Insurance: Which is Right for Your Client?
Suppose your client is an auto dealer with a large lot of cars for sale. While rearranging cars on the lot, one of your employees accidentally crashes one car into another. Is this damage covered? Auto businesses have unique risks and, therefore, need specific...
The Oil and Gas Industry’s Important Insurance Needs
Clients in the oil and gas industry have essential insurance needs, and there isn’t a one-size fits all package to cover all of the exposures that are present for those risks. Oil and gas businesses need General Liability to protect them from claims involving bodily...
Your Cannabis-Related Clients Need Proper Insurance Coverage to Mitigate Risks
Cannabis industry experts at BDSA Analytics project the global sales of cannabis will increase by 22% over last year’s figures, reaching $35 billion in 2022. The legal cannabis market is poised to grow 20-30% per year and is expected to reach $50 billion by 2026. As...
8 Reasons your Cannabis Clients Need Site Pollution Liability Coverage
The cannabis industry is expected to see exponential growth over the next few years. Market experts project the industry to hit $45B in 2025 and up to $100B over the next 10 years. That growth will only be possible if growers, processors, laboratories and retailers...
5 Reasons Pollution and Environmental Claims are Rising
Environmental insurance (also known as Pollution insurance) provides coverage for loss or damages resulting from the unexpected release of pollutants, including claims for bodily injury, property damage, cleanup costs, and business interruption. It's important to know...
Russell Bond & Company Rebrands to Jencap Specialty Insurance Services Inc.
Buffalo, NY (April 4, 2022) – Russell Bond & Co. (Russell Bond), a full-service specialty wholesale brokerage and managing general agency (MGA) firm, is pleased to announce a new name and brand identity. Effective immediately, Russell Bond will operate as Jencap...
How Rising Sea Levels Will Impact Property & Environmental Insurance
Climate change has been making headlines recently, and now experts predict that global warming will lead to substantial sea level rise in the coming years. In fact, scientists are forecasting a one-foot rise in sea level over the next 30 years. To put this into...
Don’t Get Railroaded on Your FELA Claim
Almost all private employees in the United States can collect Workers’ Compensation insurance benefits if they are injured on the job. Railroad employees are the exception to the rule, as any job-related injuries are covered through The Federal Employers Liability Act...
Jencap Names Maria Hurley as Senior Vice President of Human Resources
Experienced global human resources exec joins Jencap to drive employee and company growth New York, NY (March 2, 2022) – Jencap Group LLC (Jencap) is pleased to announce that Maria Hurley has been named Senior Vice President of Human Resources and will assume her new...
Jencap Group Acquires Delta General Agency Corporation
Expands Brokerage and MGA Capabilities in Texas NEW YORK, NY (February 1, 2022) – Jencap Group LLC (Jencap) announced today that it has agreed to acquire the assets of Delta General Agency Corporation (Delta), a full-service specialty wholesale brokerage and managing...
John LaCava Named Chief Operating Officer of Jencap
NEW YORK (January 20, 2022) – Jencap Group LLC (Jencap) is pleased to announce that John LaCava has been named Chief Operating Officer and will assume his new role effective immediately. LaCava currently serves as President and Chief Executive Officer of Jencap...
TRENDS & WHITE PAPERS
Agent’s Guide to Professional Liability Gaps (and How to Close Them)
Professional risks are evolving faster than most coverage forms can keep up. The difference between protection and exposure often comes down to the fine print. Do you know how to read between the lines?
AGENT GUIDE | Q1 2026 | 23 MINUTES
The New Era of Workers’ Compensation: Powered by Data, Driven by Outcomes
TRENDS | Q3 2025 | 13 MINUTES
Cracking the CAT Modeling Code
TRENDS | Q1 2025 | 17 MINUTES
Is Going Green Good?
TRENDS | Q3 2024 | 3 MINUTES
Chronicles of Casualty
VIDEO SERIES | Q1 2024 | 46 MINUTES
Navigating the New Frontiers of Professional Lines Insurance
CASE STUDIES | Q1 2024 | 9 MINUTES
Preparing for The Future of Cannabis Insurance
WHITE PAPER | Q2 2023 | 7 MINUTES
Your Guide to Cannabis Insurance
TRENDS | UPDATED Q2 2023 | 6 MINUTES
How Climate Change is Shifting the Insurance Industry
WHITE PAPER | Q3 2022 | 17 MINUTES
Garage Gurus: Garage Coverage Explained
TRENDS | Q2 2022 | 5 MINUTES
Riding The Waves of Change Insurance Industry Outlook
WHITE PAPER | Q1 2022 | 4 MINUTES
PODCASTS
Hosted by Jencap’s Managing Director of Marketing, Kathryn Smith, Flip the Cap is the podcast where insurance insights flow and trending topics are always on tap!
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