Property & Casualty Insights

3 Steps to Kick-start a CX Conversation for Business Growth

Great customer experiences (CX) are a critical business growth tool to increase customer retention, drive loyalty, promote positive brand reputation and so much more. After all, as consumers ourselves, we’ve been conditioned to expect them in our personal lives.

Mon Nov 11, 2024

Are You Appropriately Valuing Your Property?

Accurate property valuation is essential to your insurance policy. To confirm you’re correctly calculating its worth, make sure you’re using the appropriate tools.

Thu Oct 24, 2024

Employment Practices Liability Insurance Recent Claims

An overview of recent claims involving various insured entities, detailing the nature of each claim, the fact summary, and the associated defense expenses and settlement amounts.

Thu Oct 03, 2024

Weighing the Risks: Physicians’ Duty to Warn in Prescribing GLP-1 Medications

As pharmaceutical advertisements flood the media, patients are increasingly requesting specific drugs from their healthcare providers. This trend places a greater responsibility on prescribing practitioners to manage patient expectations.

Tue Sep 24, 2024

The Rise of AI in Social Engineering: What You Need to Know

Social engineering, an age-old practice, has evolved with technology, posing significant cybersecurity threats.

Mon Sep 23, 2024

Control Risk Statistics

Control Risk Statistics on response assets, response cases, and kidnappings.

Thu Sep 05, 2024

Crisis Response: Understanding the Kidnap, Ransom & Extortion Insurance Claims Process

Kidnap, Ransom & Extortion (K&R) insurance is designed to provide critical support and financial protection during some of the most challenging and high-stakes situations an individual or organization can face.

Thu Sep 05, 2024

What to Look for in a Kidnap, Ransom & Extortion Insurance Policy

When considering a Kidnap, Ransom & Extortion (K&R) insurance policy, there are several key factors to keep in mind.

Thu Sep 05, 2024

Energy Production: Solar and Oil & Gas

The United States has seen significant advancements in both solar energy and oil & gas production in recent years. These changes have transitioned the US from an energy importer to a net energy exporter.

Tue Sep 03, 2024

Understanding Group Accident Insurance: Coverage, Benefits and Importance

Group accident insurance is a policy that can provide financial coverage for expenses incurred from an injury to a student, athlete, fan, volunteer or an event participant. This type of policy can apply regardless of fault.

Wed Jul 31, 2024

Can You Answer These Top Questions About the Upcoming Wildfire and Hurricane Seasons?

1. What are the experts saying about the upcoming hurricane season? 2. What factors are contributing to the expected increase in hurricane activity? 3. What should your insureds know about severe convective storms this year? 4. Which metro areas are most exposed to wildfire risk?

Thu Jun 06, 2024

Unlocking Value: The Power of Short-Term Repossession Coverage

Short-term repossession coverage can be overlooked in the dynamic landscape of financial services. However, it can act as a safety net for lenders and financial institutions, shielding them from potential losses due to unforeseen circumstances. It can be a game-changer; let’s explore how.

Mon Jun 03, 2024

What the 2024 Color of the Year Can Teach You

Our Fidelity / Crime Division’s Andrew Gristina, Fine Art Director, once again speaks on PANTONE’s Color of the Year and how it came to fruition.

Fri May 17, 2024

Today’s Fraud and Financial Crime Threats

As complex geopolitical and economic shocks continue to happen across the world, financial crime teams must become increasingly alert and agile to counter emerging threats and navigate unforeseen disturbances.

Thu Apr 11, 2024

Quick Answers to Frequently Asked Questions about Cybersecurity

From the pivotal role of a Chief Information Security Officer (CISO) to the intricacies of network segmentation and encryption, we’re here to guide you through the complex world of cyber safety with clarity and expertise.

Tue Mar 26, 2024

How to Prevent Check Fraud: 8 Best Practices for Organizations

To prevent check fraud, organizations need to implement effective security measures and best practices that can deter, detect, and report fraudulent activities.

Wed Mar 06, 2024

Forgery and Alteration Risks: Claim Examples

In this article, we will present some real-life claim examples of how these schemes work and how they can be prevented or covered by insurance. By learning from these cases, you can better protect yourself and your organization from the risks of forgery and alteration.

Wed Mar 06, 2024

Check Fraud Statistics that May Surprise You

Check fraud is a serious crime that can cost organizations millions of dollars in losses and damages.

Wed Mar 06, 2024

Property & Inland Marine Event Calendar

Will we see you at these upcoming events? We would love to connect with you and say hello! Meet up with us and learn firsthand how our wide range of Property & Inland Marine coverages can enable you to manage risks effectively and efficiently.

Tue Mar 05, 2024

Construction Outlook 2024 - Stabilization and Pockets of Growth

Will 2024 be a good year for the construction industry? Here are some of the key trends being discussed in the news.

Tue Mar 05, 2024

Why is Forgery / Alteration Coverage Important?

Commercial Crime policies provide protection from financial losses that insureds sustain through business-related crimes, including employee theft, robbery, forgery, and computer crime.

Fri Mar 01, 2024

How to Help Prevent Employee Theft at Racetracks: Lessons from a $520,000 Fraud

Racetracks have an increased exposure to employee theft due to the amount of cash running through the operation. Strong controls are needed to prevent a dishonest employee from taking advantage of a potential weakness.

Fri Feb 23, 2024

Check Fraud is On the Rise: What You Should Know

According to the Financial Crimes Enforcement Network (FinCEN), mail theft-related check fraud is surging. Here are a few ways insureds can protect themselves against forgery losses.

Fri Feb 23, 2024

Human Capital Risks in the Gaming Industry

By prioritizing human capital management, the gaming industry can enhance operational efficiency, maintain regulatory compliance, and deliver exceptional customer experiences.

Fri Feb 23, 2024

Introducing ClaimStartNow

Simplify Claims Reporting with ClaimStartNow. ClaimStartNow is now available for you to use! ClaimStartNow is just another tool in the toolbox as it allows you to report your Property, Inland Marine and Cargo claims virtually anywhere 24/7.

Tue Jul 25, 2023

We Have It Covered - Winter Wonderland

Winter is here, and Great American offers coverages that can help reduce risk during the brisk weather. See if you can guess the property and casualty coverages commonly associated with the season.

Thu Jan 19, 2023

We Have It Covered - A Cornucopia of Coverages

Thu Nov 10, 2022

We Have It Covered - Fall Festival Fun

Fall brings brisk weather, changing leaves, pumpkins, and outdoor festivals! Did you know Great American offers insurance which covers many of the items and activities commonly found at a fall festival?

Mon Oct 03, 2022

We Have It Covered - Here’s to a Great School Year!

Schools are preparing to open and welcome back students, and we have it covered! Many of Great American's "classes" of business offer coverages to help ensure a safe year ahead.

Thu Aug 18, 2022

Apache Log4j Software Vulnerability

The recently discovered security flaw related to Log4j enables threat actors to remotely execute commands via remote code execution (RCE) on nearly any machine using Log4j. SecurityScorecard's Global Threat Intelligence team published new research on the implications of this vulnerability and what organizations can do to combat it.

Thu Dec 23, 2021

What to Consider Before Joining a Nonprofit Board: Three Steps to Weigh Your Risk

Sitting on the board of a local or national nonprofit organization is a great honor and can be an incredibly rewarding experience.

Fri Sep 17, 2021

Social Inflation: How Today’s Rising Claim Costs Affect Tomorrow’s Insurance Premiums

Today’s insurance premiums aim to reflect tomorrow’s predicted costs. Actuaries and underwriters continuously assess risk to forecast future costs. But what happens when claim costs grow at an exponential rate? What happens when jury verdicts frequently shatter even the highest expected outcomes?

Fri Mar 19, 2021

Embracing Virtual Learning in the Insurance Industry

The COVID-19 pandemic ushered in the widespread acceptance of a virtually operating society. Before the pandemic there seemed to be some resistance to embrace a virtual way of life and then, almost overnight, a virtual reality was thrust upon us. Those who were prepared to operate virtually saw minimal interruptions to operations, while some who did not have the infrastructure in place struggled.

Tue Mar 02, 2021

Protecting America’s Farmers from the Perfect Storm of Volatile Weather and Global Competition

Each year, pricing pressure and extreme weather take their toll on the agriculture industry. 2020 shows how these risks are becoming increasingly unpredictable. Crop insurance is key to ensuring farmers and ranchers can continue operations year after year.

Wed Nov 04, 2020

Why Vessel Liability Coverage Is a Key Part to Being Seaworthy

Whether it’s fuel oil on board, cargoes that pollute or even pollutants that are washed off the deck, the marine vessel owner is liable for anything that spills into the ocean, and the associated fines and cleanup costs can get very expensive.

Fri Oct 30, 2020

Builders’ Risk: Unique Exposures Demand Unique Coverage Options

The construction industry has experienced its ups and downs over the past 20 years, but one thing hasn’t changed: the need for builders’ risk insurance.

Fri Sep 04, 2020

Agents Are Front Line of Defense in Occupational Fraud

For more than four years, an employee submitted false invoices issued by six fictitious businesses for quality assurance services provided to his employer. These made-up businesses did not provide actual services to his employer, but the California-based company still paid them more than half a million dollars.

Mon Mar 09, 2020

How many “sweet coverages” can you find?

Great American offers a “hearty” number of insurance coverages related to Valentine’s Day. Can you see our eight “sweet” property and casualty coverages as you casually stroll around Valentown?

Wed Feb 12, 2020

Protecting You: Fall Festival Fun

Fall brings brisk weather, changing leaves, pumpkins and outdoor festivals! Did you know Great American offers insurance which covers many of the items and activities commonly found at a fall festival? See if you can guess the 10 coverages illustrated in this fun fall graphic.

Thu Oct 31, 2019

The Price of Theft in Nonprofit Organizations

Nonprofits work hard to earn the trust of board members, donors and the community. Learning the warning signs and taking preventative measures can help ensure an organization can avoid cases of theft and continue to carry out their missions.

Fri Sep 20, 2019

The Reviver Statute Today: Preventing Abuse and Preparing for a Response

Over the past few years, states within the U.S. have started to review and rethink their statute of limitation laws regarding the filing of child sex abuse claims. As part of the reviews, some of these states chose to make amendments to the statute of limitations to extend the length of time an individual has to file a criminal and/or civil complaint against both organizations and individuals. Included in those amendments is language that, for various specified periods depending on the state, revokes the current statute of limitations, allowing previously barred complaints to be revived—regardless of the survivor’s current age.

Thu Sep 19, 2019

Managing Transactional Risk

Mergers and acquisitions are often fast-paced, and always have many moving parts. Acquirers need to be able to identify and assess all types of risks as early as possible. Our own Roy Reynolds, Mergers & Acquisitions Liability Divisional Senior Vice President, recently participated in a panel with Financier Worldwide to talk through managing transactional risk.

Wed Sep 11, 2019

We Have it Covered: Recreation Under the Rays

Great American offers a wide range of coverages for all things summer. See if you can spot these 7 property and casualty coverages we offer.

Fri Aug 23, 2019

Thanks to our Agents for Their 5-Star Recognition

Recently, Insurance Business America published its Brokers on Carriers report. In it, independent agents chose Great American Insurance Group Specialty P&C as a 5-Star Carrier.

Tue Aug 13, 2019

Stop Spending Unnecessary Dollars on Workers’ Compensation Insurance: 4 Surprising Ways to Reduce Costs

Employers don’t realize how controllable workers’ compensation insurance costs can be – here’s how they can control them.

Tue Aug 13, 2019

Get to know Cyber Risk

Our Risk e-Business products feature two principal Insuring Agreements (Loss Expense and Liability Expense Coverage) plus a streamlined form with very few exclusions.

Fri Aug 09, 2019

Golf Cart Safety

While driving a golf cart can be less complicated than operating a car, drivers still need to be cautious, aware and responsible – keeping their safety and the safety of their passengers top priority.

Wed Jul 24, 2019

We Have It Covered - A Day at the Races

Great American offers a wide variety of protection from the horses in the race to those who catch the photo finish. Learn more about the property and casualty coverages we offer for a day at the races.

Tue Apr 30, 2019

3 Kidnap & Ransom Risks Frequently Overlooked by U.S. Companies

Few companies would list kidnap and ransom as one of their greatest business risks — especially smaller U.S. companies with little foreign exposure. Many people tend to perceive kidnapping as a threat primarily to employees traveling abroad. While large companies with foreign subsidiaries or traveling workforces may be at greater risk, neighborhood “mom and pop” shops are not immune.

Fri Feb 15, 2019

We Have it Covered - The Great Outdoors

Summer is a popular time for outdoor activities. Great American's Property and Casualty Group offers coverages that protect participants against risks.

Fri Aug 17, 2018

Preparing for the Future in Claims

Technology, an aging workforce and rising customer expectations are all challenges that affect the claims profession. Our Aaron Latto recently explained how we’re addressing this with PropertyCasualty360.

Thu Jul 26, 2018

Five Steps to Taking Control of Your Organization’s Property Insurance

As a leader of your organization, you would never intentionally put your business’s ability to provide services to its client base at risk, and yet, failing to adequately value your insured assets does just that.

Thu Jul 19, 2018

Do You Understand the Concepts, Terms and Conditions in Your Insurance Contract?

There are terms and conditions in a policy that could leave your organization exposed if not properly understood, or even worse, penalize your settlement after a loss.

Thu Jul 19, 2018

Are Your Renewal Policies Complacently Bound without Change Considerations in Your Property Values?

Renewing property “as is” compounds over time. You might think that property insurance premiums or property limits should never go up – especially if you did not have a loss. This is a misconception.

Thu Jul 19, 2018

Is Your Insurance Keeping Up with Inflation and Rising Construction Costs?

Rising reconstruction costs are a result of underlying, increasing costs of all items covered by your policy: building materials, (cement, copper, lumber, steel, aluminum) skilled labor, (carpentry, electrical, HVAC, plumbing), fuel, ordinance, and even insurance costs. As underlying costs continue to rise at a heightened rate, this upward trend will continue.

Thu Jul 19, 2018

Main Street America: A Vulnerable Target for Cyber Attack

Stop your small business from being the next victim by working with an insurer who can offer tailored solutions to fit your needs.

Fri Jun 15, 2018

Information For Agents And Brokers Regarding Great American Environmental Division’s “Blueprint” Program For The Specific Needs Of The Contracting Sector

Great American Environmental Division has launched its Contractors Blueprint program, co-designed with to suit the specific needs of the contracting sector.

Tue Jun 12, 2018

Why You Should Report Loss: An Example of What Not To Do

It’s your second week on the job as the CFO of a mid-size nonprofit organization. Coming into work on a Monday morning, you grab your coffee and log into the computer.

Mon Apr 30, 2018

We Have it Covered – Care and Repair

Care and repair facilities help keep communities and their citizens, animals and environment safe and healthy. So that these businesses can focus on their missions and services, we offer insurance solutions that meet their specific needs.

Thu Apr 19, 2018

We Have it Covered - From the Farmer to the Fields

Farmers care for the crops and livestock in the fields that provide food and help drive our economy.

Wed Mar 07, 2018

We Have It Covered – Cupid’s Favorite Coverages

Great American offers a “hearty” amount of property and casualty insurance coverages related to Valentine’s Day. See if you can guess which 6 items our Property & Casualty businesses cover.

Fri Feb 09, 2018

We Have it Covered: Transportation by Land, Air and Sea

Great American offers a wide range of coverages for the transportation industry. See if you can spot these 11 property and casualty coverages we offer for travel by land, air and sea.

Tue Nov 21, 2017

Great American Insurance Group Announces the Promotion of Todd D. Gambrell to Divisional President, Excess Liability

Great American Insurance Group is pleased to announce the promotion of Todd D. Gambrell to Divisional President, Excess Liability.

Mon Nov 18, 2024

Shawn V. Los Promoted to Divisional Group President within Great American Insurance Group

Great American Insurance Group is pleased to announce the promotion of Shawn V. Los to Divisional Group President.

Tue Sep 24, 2024

Great American Insurance Group Collaborates with Abira Security to Strengthen Cyber Risk Management Solutions

Great American is pleased to announce a strategic collaboration with Abira Security, a leading provider of cyber security solutions.

Mon Jul 15, 2024

Great American Insurance Group’s Accident & Health Division Launches Second Product for Youth Athletes

Great American’s Accident & Health Division, known as pomi, is pleased to announce a new product offering for young athletes and their families.

Tue Jul 09, 2024