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Author: Lori Olson, Goldleaf Surety Service Small Business Intake Manager
 Goldleaf Surety Services recently assisted a large general contractor's glass and glazing division obtain bonding on a $6,500,000 for the operable window system, glass and glazing for luxury suite renovation to an NFL stadium. In addition to the challenges relating to the type of work being done and the size of the contract, this bond included review of six related entities to include on the indemnity agreement; a multiple oblige rider to included 5 obliges; and obtaining an All's Right Letter from the project owner as work was 40% completed prior to Goldleaf working on this bond.
With access to over two dozen surety companies and a staff of highly experienced staff, Goldleaf Surety is able to assist agents and their contractors in many situations where others have said no. Through our relationships within the surety industry and our comprehensive underwriting, Goldleaf Surety is able to understand the complexities of the situation and present these to a surety so that they are comfortable with the risk.
We encourage you to team up with Goldleaf for all your surety needs! Big "I" members can contact Goldleaf by logging onto www.bigimarkets.com (select the appropriate bond type from the bond options on the commercial markets menu) or by calling Goldleaf directly at 1-888-294-6747 (ask for Lori Olson).
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SPECIAL FEATURE
Use This New Video to Promote RLI Personal Umbrella
 RLI, the Big "I"-endorsed umbrella provider, has created a new video to educate consumers about the benefits of a personal umbrella liability policy.
The video is brief and entertaining. It explains an umbrella in simple terms, then provides examples of umbrella claims that any consumer can relate to.
The video is available on RLI's YouTube channel and webpage on the Big "I" website. Feel free to add or share it on your agency websites, as well as in marketing materials and other communications, helping your clients understand how a personal umbrella safeguards their personal assets and future earnings.
Learn more about the Big "I" Personal Umbrella program at www.iiaba.net/RLI.
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Pollution Overview: Contractors, USTs, Farms, Other
By Kari A. Dybdahl | Executive Vice President / Director of Operations | ARMR.Net, LLC
 Exciting things are happening in the environmental insurance industry. With more and more insurance professionals and purchasers understanding that environmental exposures range well beyond hazardous waste, the demand for environmental insurance products continues to increase. There exists a decade-long stigma in the insurance industry that environmental or pollution insurance is only needed by hazardous waste contractors. However, never in the history of the infamous pollution exclusions found in standard ISO liability and property policies have these exclusions ever been limited to just hazardous waste. Various case law across the country confirms the broad application of these exclusions. Almost every industry carries some sort of environmental and pollution exposure including farms, any site with underground storage tanks, commercial properties, and contractors; case law in many states and actual claims have only exemplified that exposure.
For example, in 2013, the Supreme Court in Wisconsin recently ruled manure as a "pollutant". In Iowa, Des Moines Water Works sued farmers upstream of the rivers that supply Des Moines residents with their drinking water for polluting the city's water source with nitrates, which are found in manure. In Washington state, farmers spreading excessive amounts of manure on their fields were cited under the Resource Conservation and Recovery Act (RCRA) for disposing of a hazardous waste without a permit; the claim stated that the excessive amounts of manure resulted in runoff containing high levels of nitrates that polluted nearby sources of drinking water. This is evidence that federal and environmental laws are now applying to agriculture for the first time ever. Whether you want to believe it or not, these actions affect every farm across the country; a substance they deal with on a daily basis that has on more than one occasion been referred to as "liquid gold" is now a pollution exposure. The need for environmental insurance on farms has changed. Advancements in science and social norms make it no longer socially acceptable to spread manure on a farm field without consequences.
Many farms are expressively uninsured for pollution-related exposures other than crop overspray because of pollution exclusions found in standard farm property and liability policies. What is the solution to fixing the coverage gap created by pollution exclusions found in farm policies? Purchase environmental insurance coverage. There are insurance programs specifically designed for farming and agricultural pollution and environmental risks in the environmental insurance marketplace.
In 2014, American Risk Management Resources Network, LLC (ARMR) created a policy in partnership with Crum & Forster to help with the financial assurance in the agriculture industry. This exclusive program is available to you through Big "I" Markets.
There are two types of coverage forms that would apply and are available for the agriculture industry:
Read The Full Article
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Remember that you can view the following webinars 24/7 by checking out the BIM Webinar Library. To do that log onto Big "I" Markets and click on "Publications".
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AIG Private Client Group Homeowner - Collections CoverageNEW
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Chubb Masterpiece Homeowner - Overview NEW
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CBIC Architects & EngineersNEW
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AIG Private Client Group Homeowner - Automobile NEW
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AIG Private Client Group Homeowner - Overview NEW
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TravPay
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Commercial Lessor's Risk
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Affluent Homeowners
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Travel Insurance
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Community Banks
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Affluent Homeowner
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Real Estate E&O
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RLI Personal Umbrella
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"Oh, by the way...Flood Sale"
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Habitational
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Student Housing
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BIM WEBSITE TRAINING WEBINAR
For all you folks who recently registered for Big "I" Markets, remember you can participate in a webinar from the comfort of your office to help you learn how to navigate around the system. Every Thursday at 2:00 p.m. EDT we'll show you how to navigate the Big "I" Markets platform, including how to submit a quote! A recording of this webinar can be found under "Publications" after logging into Big "I" Markets.
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Big "I" Product Webinars
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NEW - Wednesday, June 7 @ 2:00 - 3:00pm EDT. "Chubb International Advantage - Foreign Package Policy Webinar". Placing appropriate coverage for foreign exposures can sometimes be challenging. Please join us and Brandon Boyd of Chubb Multinational Property and Casualty for a 45 minute webinar on how a comprehensive foreign package policy offers protection for businesses, employees, independent contractors, volunteers, students and more while traveling or doing business outside of the United States. Topics will include an overview of international insurance basics along with tips on identifying gaps left by domestic coverage for foreign exposures, ways to identify overseas risks by asking clients key questions, top classes of business that have overseas exposures and international claims scenarios that will help emphasize the importance of a foreign package policy.
Register here Cost: Free.
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Big "I" Virtual University Webinars
Don't miss the following education opportunities provided from the Big "I" Virtual University experts that focus on topics agents need to know to make a smart start in 2017. For more information, contact national staff.
Other topics in the 2017 schedule cover partial losses, contractual risk transfer, business income, contractors and more. The entire schedule, including registration links can be found online here.
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Wednesday, June 14 - 1:00 - 3:00pm EDT. "Untangling the Work Comp Mess - When Employees Travel and Their Families Sue". When employees travel out of state for work, real work comp coverage gaps can exist; and these gaps could leave the employer without the necessary protection they THOUGHT they purchased when they paid their work comp premiums. Extraterritoriality and reciprocity are major work comp problems most agents don't know they have. Yes, every state provides extraterritorial work comp protection, but not every state recognizes that coverage – so many insureds are unknowingly blindsided by uncovered or improperly covered claims.
Some agents take Part II – Employers' Liability coverage for granted. They consider it just a "thrown in" coverage with no real benefit. But Employers' Liability protection fills major gaps between the work comp policy and the CGL. Without this important coverage, your insured could have a hefty out-of-pocket expense.
Attendees to this session learn:
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What "extraterritoriality" and "reciprocity" are in relation to work comp;
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How limitations in some state reciprocity laws create major gaps in work comp coverage;
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How to fix these coverage gaps; and
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Why employers' liability coverage is so extremely important.
Click here to register. Cost: $69
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BIG "I" MARKETS SALE OF THE WEEK
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