Underwriting & Loss Control

Who are budtenders, and what are their duties in a medical marijuana dispensary? What safeguards should gem cutters take to prevent the loss of rough stones? In addition to local and state governments, what federal agencies monitor aquaculture operations? Besides installing deadbolt locks on doors, how should bullion and coin dealers protect their buildings from thieves?

If you are an underwriter or risk manager and need concise, in-depth answers to these and other questions, AM Best offers:

Best's Underwriting Guide (BUG) Reports, which cover hazards for nearly 600 different industries with in-depth and heavily detailed examinations of business operations — including a "heads up" list for specific areas of concern. Be prepared with accurate underwriting research to ensure you know what to look for and the right questions to ask.

Best's Loss Control  Manual (LCM) Reports, which describe the hazards present in a wide variety of industries and municipal services. Each report includes a description of the industry, on-site inspection checklists to identify exposures and loss controls, and a Hazard Index chart that quantifies the degree of liability in relevant lines of insurance.

Have a suggestion regarding an existing report, or a suggestion for a new one? Send requests to AM Best's Underwriting & Loss Control editors.

Note: The information in these reports has been obtained from sources believed to be reliable and accurate at the time of each report's publication; however, no responsibility is assumed by AM Best for loss or damage resulting from use of the information contained herein.

Newsworthy

The original report on Medical Marijuana Dispensaries, as well as updates on Environmental Consulting Firms, Aquaculture Operations, Kitchen Remodeling Contractors, and Record and Video Stores are all available in Best's Underwriting Guide and Best's Loss Control Manual. Subscribers can read about these and nearly 600 other businesses, industries, and municipal services.

Of Further Interest...

The following sections outline the most recent coverage of the Underwriting and Loss Control markets from AM Best. View our complete news coverage or start your day with BestDay — a roundup of the insurance news from the previous 24 hours.