News

Double, double toil and trouble; Fire burn, and caldron bubble… That’s what our weather was like last Wednesday afternoon when the sky suddenly grew dark in the mid-afternoon. It was spooky! With no warning at all we experienced a deluge of rain that lasted less than 30 minutes. In those 30 minutes, we got 3 inches of rain, and to anyone looking out the window it was a wall of water.

In Western PA, when we receive that much rain, our creeks (cricks) and streams have no place to go but over the bank. While it isn’t a problem where I live, my 80-something parents live in an idyllic setting right on the banks of a small stream. By the time I was heading home from work on Wednesday, the water had surrounded their home. And while no serious damage was done, the clean-up just to the out-buildings was a huge job. Thankfully my parents have 6 children, so half of us equipped with a pressure washer made short work of the job (yes we had electricity but we needed to ‘borrow’ the neighbor’s water). I have new appreciation for those who deal with storm clean up, whether flood, wind, or snow. Mother Nature is unpredictable, harsh and worthy of our respect.

The weather isn’t the only thing in turmoil. Recently one market has ‘thrown in the towel’ on writing liquor. With their results, I can hardly blame them. Despite all of the training and PR on the terrible outcomes of irresponsible consumption of alcohol, losses continue to rise. As a result, we are seeing carriers exit the market, raising rates, or dramatically reducing coverage. Good news! This is a class of business that the surplus lines marketplace was created to serve. From our earliest days Tuscano has been writing this class of business. Today, we have many markets and many options. No business should go without this important and responsible insurance coverage.

Keep in mind we can also quote your entire restaurant or bar accounts with Liquor Liability coverage. Tuscano has great markets that are able to offer all the coverage you need at a competitive price. Just as importantly, Tuscano underwriters know the marketplace and will guide you through the process to put together the best proposal for your client or prospect. They know the markets, the coverages and the pitfalls that, if you are not aware, some policyholders might get drawn into. The Tuscano Package & Property Team is your Hospitality Insurance specialist – they’ll be happy to work with you!

Eye of newt, and toe of frog, Wool of bat, and tongue of dog… Tuscano has a winning brew for writing your business.

*P.S. I’ll bet you never thought I could work Macbeth into the newsletter!