Quick Release Bars and Insurance
Burglar bars, also known as security or window bars, can be found on any type of structure – single-family home, apartment building, storefronts. The bars provide a visible sign of security serving as both a deterrent to potential burglars and a reassurance to those who had the bars installed. However, burglar bars can also be dangerous, preventing residents and other occupants from escaping in the event of a fire and leading to fatalities.
Based on data obtained from the National Fire Incident Reporting System (NFIRS), on average, about 25 civilians are injured or die each year in fires where escape is compromised by unauthorized bars or gates. The actual numbers may be larger than that, due to the fact that the presence of burglar bars is not always collected in a way that is recorded by NFIRS (e.g., written in the text but not coded). The most recent version of NFIRS, version 5.0, allows for the collection of data concerning burglar bars; however, data from the new version is not yet available.
Most fatalities/injuries involving burglar bars occur in residences when people become entrapped by the very bars that are supposed to protect them. Children, the elderly, the mobility impaired, and firefighters are especially vulnerable. The bars also can hamper rescue efforts, especially the efforts of those who arrive before public safety personnel.
The Cyber Deception coverage extension provides coverage for the intentional misleading of the Applicant by means of a dishonest misrepresentation of a material fact contained or conveyed within an electronic or telephonic communication(s) and which is relied upon by the Applicant believing it to be genuine. This is commonly known as “spear-phishing”, CEO Fraud or “social engineering”, which is defined by Wikipedia as “psychological manipulation of people into performing actions or divulging confidential information.” In recent years, hackers and cyber-thieves have been developing new techniques to infiltrate insureds’ bank accounts. Early phishing scams were fairly easy to spot: a request from a Nigerian prince or a link purported to take you to your bank’s customer service center were tell-tale signs of suspicious email traffic. It was recommended to never click on the link and delete the email immediately. In response to the masses becoming more aware of these red flags, thieves have countered with more sophisticated attacks.
To some people, the word “housekeeping” calls to mind cleaning floors and surfaces, removing dust, and organizing clutter.
SprinklerPro® is a multi-line insurance program for fire sprinkler contractors engaged in the design, fabrication, installation, testing, service, and repair of fixed water-type and special hazard suppression systems.
The real estate sector consists of many different types of premises-related accounts, including office buildings, shopping centers, malls, industrial warehouses, and apartments. Due to the frequency and severity of losses, habitational properties or apartment schedules are most commonly placed with E&S markets. This also applies to shopping centers and malls that are located in geographic areas where the crime scores are typically higher than the national average, or where the risk has a higher frequency of claims and is suitable for taking a retention and employing an aggressive third party administrator (TPA).