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Bender Insurance Solutions

Drought, Heat in Western US Foretell Severe Wildfire Losses for 2021

With record-breaking heat and drought conditions sweeping the western United States, the 2021 wildfire season will likely produce another devastating year of wildfire losses, according to a recent report from A.M. Best….

Business Income + Cyber Insurance: Cautionary Tales and Lessons Learned

How much revenue could your company afford to lose if one of your key vendor’s system goes down? How much revenue could your company afford to lose if your own systems failed? One month of…

Promoting a Culture of Worksite Safety

Summer months bring warm weather, travel plans, and a spike in serious injuries and fatalities, particularly in the trades, according to Dag Yemenu, executive vice president, products, at ISN Software Corp., an online…

Why Less Traffic Has Led to More Danger

It’s not surprising to hear that the COVID-19 pandemic has kept many people off the roads. However, even with less traffic, driving has become more dangerous, as individuals are increasingly engaging in behaviors that put all of us at risk. Since…

Aliens and Insurance

Did you know — the International Academy of Astronautics (IAA) Institute has a detailed plan for how to announce an event of extraterrestrial discovery. In 1989, the IAA adopted the Declaration of…

COVID-19 Insurance Coverage Cases are Hitting Courts

There are now 120 cases on appeal, in both state and federal courts, that allege insurance companies wrongfully denied coverage for pandemic-related business interruption claims. Lawyers are awaiting rulings from the Ohio…

These 8 Items are Critical to Have in a Pet Emergency Kit

Wildfire season is fast approaching, and experts are predicting another tumultuous year ahead. This makes now the time to ensure you have a plan in place to protect your family, including its…

New, interactive Wildfire Ready app demonstrates impact of wildfire-resistance actions in virtual reality

The Insurance Institute for Business & Home Safety (IBHS) today launched a new augmented reality mobile device application experience called Wildfire Ready Virtual to bring homeowners inside the risk of wildfire and demonstrate the…

Storming the Capitol: Insurance’s role in covering invasions past and present

History provides a great opportunity to learn from past mistakes to avoid repeating them today. Consider this semi-fictitious account of another invasion of the Capitol. Benjamin Franklin organized the oldest property insurance company…

Home insurance market to grow 7.3% worldwide

The global home insurance market is projected to increase 7.3%, compounded annually, through 2027, according to Allied Market Research. The sector is expected to reach $395 billion by the end of the forecast…