BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

MGU offering landlord reimbursement policy


A managing general underwriter plans to introduce a policy that will partially reimburse commercial landlords who have started eviction proceedings against their tenants.

Commercial Real Estate Default Rent Insurance, which will be launched Nov. 1, will be backed by Manchester, New Hampshire-based Covington Specialty Insurance Co., a unit of RSUI Group Inc., said Erez Golomb, CEO of Balboa, California-based E. Golomb Insurance Services Inc., which is underwriting the coverage. The product will be distributed through CRC Swett, he said.

Landlords who have started eviction proceedings can recover 50% of the landlord’s rent, for a policy premium of $850 per year, or 70%, for a $1,150 annual premium, said Mr. Golomb. It will not provide coverage for other reasons, such as if the site is closed if it is not habitable, he said. 




Read Next