Blog

PIER – Pollution Incident & Environmental Response

March 28th, 2020

For over 20 years, PIER (Pollution Incident and Environmental Response)® has provided insureds of AIG companies with around the clock access to emergency response services when it really matters; promptly responding and aiding the insured to assemble and dispatch the correct team of contractors, helping to control remediation costs and assisting with minimizing overall liabilities.

Why Frozen Pipes Rupture

October 28th, 2019

Protect your property this winter.  Thomas W. Dombrowski, P.E., CFEI writes this article explaining why pipes burst during the colder seasons.

With winter (or frozen pipe season) upon us, I’m reminded about misconceptions regarding frozen pipes and pipe bursts that were located in a heated space.

Hurricane Season is Approaching – Are you ready?

May 24th, 2019

Hurricane season is upon us and we wanted to provide you with some practical and useful information and tips that will help you and your business be prepared in the event that you are in the path of a hurricane.

If you live near hurricane prone areas, have a plan of what to do before, during, and after a hurricane strikes.

Most Extreme Temperatures in Decades – Natural Catastrophe Event

January 30th, 2019

Extreme Cold Alert!
 

What’s Coming? 

Over the next few days bitterly cold conditions are forecast for much of the United States.  It’s likely that most of the Midwest will experience their coldest temperatures in the last two decades while the mid-South and Northeast will also see bitterly cold temperatures late this week along with the potential for major snowfall.

So Much is Riding on Your Tires

May 11th, 2017

Kimberley J Stufflet, CPCU, CIC, CAIP

Kim had the opportunity to teach a class earlier this month at the annual AIA Convention in San Diego. Her topic was the Business Auto Policy. She discussed the coverages, exclusions and went over multiple claim examples.

Remembering Arnold Palmer

December 2nd, 2016

THE WORLD HAS LOST ONE OF THE TRUE LEGENDS OF THE GAME OF GOLF, business and life. Arnold Palmer and television turned a game into a mega-million enterprise and influenced the lives of so many people, both in golf as well as the non-golfer. Mr. Palmer established a Legacy to live by: 'Be a person of principle: He liked to say, 'Success depends less on strength of body than upon strength of mind and character.

Preferred Aviation Giving Back

November 4th, 2016

Recently Preferred Aviation took part in sending "Boxes of Sunshine" to our troops overseas. A small way of saying Thank You to all the men and women who serve our country.

Foreign Coverage

October 19th, 2016

By Chris Carter, CIC

Do you have a customer that has foreign operations, sends employees oversees or is just thinking about expanding their business internationally?  How do you cover this risk and do they have coverage under their current policies?  Most of the time, they don’t have coverage that will extend internationally but adding a Foreign Policy could pick up the coverages needed and protect your customer.

Hurricane Matthew

October 6th, 2016

As Hurricane Matthew approaches the Southeast we want to make sure you have the most up to date contact information for reporting claims.

 

Preferred Aviation Underwriters – claims@preferredau.com

AIG Claims – aviationprg.claims@aig.com

1.877.730.1853 / Fax 1.877.683.9978

 

Please include as much information as possible including policy number and contact information to expedite the claim process.

It All Adds Up

August 4th, 2016

By Kim Stufflet

I have seen a significant increase in requests to blanket property coverage when more than one location is insured.  My first question to the broker is always “why?”   If you go back to the historical development of blanket coverage it was created for the following situations:

The insured owns several buildings or a number of location where the Business Personal Property (BPP) values fluctuate or move between the building or locations
The insured owns machinery and equipment that is difficult to categorize as building or BPP (Large machinery that is not actually made a permanent part of the building but cannot be moved easily)
The insured is looking for a hedge in the event of extreme inflation or improper valuations.