Social and regulatory pressures have boosted the interest and support for renewable energy expansion in the United States. Last year, the federal government instituted the Inflation Reduction Act (IRA), committing $369 billion to climate and clean-energy investments,...
Welcome to Flip the Cap! On the latest episode of Flip the Cap, Kathryn Smith sits down with special guest Michael De Feo, Senior Vice President of Jencap’s Professional Lines Practice. Michael explores the volatile landscape of the professional lines industry -...
Owning and managing any type of commercial property — hotel, office building, shopping mall, bakery — comes with its share of risks. One often overlooked risk is the sudden breakdown of essential equipment and machinery. A power surge, faulty circuit, loose bolt, or...
The responsibilities of auto repair shops go far beyond fixing mechanical problems and performing routine maintenance. In addition to managing the day-to-day business, owners and technicians are also tasked with guarding against accidents, thefts, and unforeseen...
The global collectibles market was valued at around $372 billion in 2020, and it's expected to keep growing steadily at a rate of 7 percent from 2021 to 2028.As a subcategory of collectible items, luxury collectibles are setting record-breaking prices, and are leading...
Multistate operators (MSOs) are the heavy-hitters of the cannabis industry. These are established, well-funded players who set their sights on expanding into as many new markets and states as possible — a feat that’s not easily accomplished in the heavily regulated...
If you’re a retail insurance agent with a book of business in the property insurance market, you’ve no doubt had conversations with concerned clients about why their premiums are increasing and coverage is getting harder to come by. Unfortunately, this is the case...
Private collections, whether they comprise rare art pieces, vintage cars, exquisite jewelry, or other unique treasures, hold immense value not only in terms of monetary worth but also in sentimental value. As insurance agents, understanding the nuances of insuring...
Climate-related extreme weather events continue to be a “hot topic.” Scorching heat, unusually heavy rainfalls, raging floods, and wildfires have all left their mark on North America this summer, while the world reaches record land temperatures. Things aren’t just...
In the insurance world, high-net-worth individuals often possess unique needs and assets that require specialized coverage. One area that stands out is Excess and Surplus (E&S) insurance, particularly when protecting multi-million-dollar homes. As the value of...
Welcome to Flip the Cap! The last mile delivery market is expected to grow by $165B between now and 2027 and almost $62B in North America alone. This trend is influenced by the growing global e-commerce market which will be more and more prevalent. The most...
Agriculture is one of the most expansive and diverse industries in our nation. As such, it’s confronted by some of the most varied and complex risks. The forces of nature routinely intersect with the day-to-day realities of local and global economics and advancing...
Despite the growing acceptance and legalization of cannabis, it remains federally illegal in the United States, creating unique challenges for the industry. Jencap explores three possible future scenarios for federal cannabis reform and their impact on cannabis insurance.
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