Tag: insurance
Coverage Costs: Management Company Leaders Weigh In on Today’s Challenging Insurance Market
Premiums in many lines of hotel industry insurance have been spiking in recent years, creating pressure on owners and management companies to ramp up...
5 Reasons Travelers Buy Insurance: Understanding the Potential Misfortunes
Planning a trip without insurance can result in some costly and rather unfavorable outcomes for travelers. The truth is that it can be common...
Counting Losses: Understanding Data Breach Response Costs and Cyber Insurance Coverage
Cyber attacks are happening by the minute in every industry, wreaking havoc on operations and finances as well as the lives of clients and...
Altium Insurance Services Introduces Hospitality Pandemic Insurance
NEW YORK — Altium Insurance Services (AIS) is introducing a pandemic insurance product for the hospitality industry, underwritten by a large insurance carrier. Available...
Costs on the Rise: Hotel Insurance Represents a Growing Expense for Hoteliers
As of the writing of this article, we are still evaluating the long-term impact that COVID-19 is having on the U.S. lodging industry. Owners...