WIN Magazine - Spring 2015 - (Page 22)

FEATURE UNDERWRITING THE EXPOSURES OF BUSINESS OPERATIONS The Impact of Tenant Leases A BY CRAIG A. MATHRE, CPCU, CLU, CIC, CRM, ASLI, RPLU, AU, AIC, ARM, AAM 2 2 | v i e w t h i s i s s u e a t | www.aamgawin.org SIGNIFICANT PROPORTION of business operations today are conducted by businesses who do not own their buildings or premises and instead, rent or lease from a landlord. Are you overlooking these two very important property loss exposures and coverages available to tenants? LEASEHOLD INTEREST OF TENANTS: ISO's CP 00 60 Leasehold Interest Coverage Form provides protection to the insured tenant from the potential adverse financial consequences resulting from the cancellation of a favorable lease arising out of the inability of the tenant to continue to occupy the leased space after a direct damage loss to the leased premises. A lease is considered to be favorable when the rental rate per square foot is somewhat or substantially lower than that for comparable http://www.aamgawin.org

Table of Contents for the Digital Edition of WIN Magazine - Spring 2015

Cover Story: Will the Excess and Surplus Lines Insurance Business Saddle Up with Standards? By CJ Ketterer
Digital Maturity—or Extinction: Your Survival Now Depends on Digital Transformation By Scott Klososky and Corey White
Emerging Trends: The Technology Side By Greg Ricker, CPCU
Emerging Trends in the Property Insurance Market By Ralph Sabbagh, ASLI
Underwriting the Exposures of Business Operations: The Impact of Tenant Leases By Craig A. Mathre, CPCU, CLU, CIC, CRM, ASLI, RPLU, AU, AIC, ARM, AAM
Emerging Risks: Brain Research By Dr. Achim Regenauer
Millennials: How Well You Attract and Keep Them Could Be Your Competitive Advantage By Teresa Vaughn, SPHR
Volcanoes, Hurricanes, Tropical Storms and Floods: Perils and Exposures in Paradise By Sharon K. Lee
“Empowering the Wholesale Nation”: AAMGA Annual Meeting Registration and Room Block Are Now Open
Index of Advertisers

WIN Magazine - Spring 2015

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