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WRC Newsletter
Fall 2021

Congratulations to Terry

Congratulations to Terry

Congratulations to Terry Wendorff on his upcoming retirement! Terry has served as President & CEO of WRC for 21 years and will retire on December 30, 2021.

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Who’s on First? Deciphering Commercial Liability Insurance

Who’s on First? Deciphering Commercial Liability Insurance

Remember the Abbott and Costello skit, “Who’s on First?” Lou and Bud go around and around because all the baseball players had ambiguous nicknames such as Who, What, Where and Why. Commercial liability insurance can be as confusing as the baseball players in that sketch.

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Loss Prevention Tips for the Harvest Season

Loss Prevention Tips for the Harvest Season

Did you know that combine and tractor fires cause over $20 million in property losses each year in the U.S.? That is a substantial sum, especially since an estimated 75% of these fires are preventable.

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Loss Prevention: Manure Pits, Product Recalls, Smoke Detectors

Loss Prevention: Manure Pits, Product Recalls, Smoke Detectors

In August 2021, three brothers in Mercer County, Ohio, died after becoming trapped in a manure pit on their livestock farm. They had been fixing a manure pump before passing out from the fumes.

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New Endorsements Coming Soon

New Endorsements Coming Soon

Anyone who reads industry bulletins or regular news reports will have noticed a significant increase in ransomware attacks worldwide. In response to these current events, reinsurance companies are adding exclusions to address these exposures into their programs.

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Understanding Overhead and Profit

Understanding Overhead and Profit

You may have come across “Overhead and Profit” in your review of estimates and discussions with contractors. This is also a common topic of inquiry that we receive from clients, so we thought it would be helpful to offer this primer.

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Why Should We Update Our Policy Forms?

Why Should We Update Our Policy Forms?

Insurance forms are a critical component of the operation of any insurance company. The insurance policy is a legal contract between the insurer and the insured. Using improper or outdated insurance forms could have serious consequences.

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Register Now for the WRC 2021 All Manager Meeting

Register Now for the WRC 2021 All Manager Meeting

All of our mutual managers are invited to connect with each other at WRC’s All Manager Meeting October 27-29 at the Grand River Conference Center in Dubuque, Iowa.

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Footnotes from the Field: Reedsburg-Westfield Celebrates 145 years

Footnotes from the Field: Reedsburg-Westfield Celebrates 145 years

Reedsburg-Westfield Mutual Insurance Company in Reedsburg, Wisconsin, recently celebrated its 145th anniversary with a picnic.

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In Force Listing Reminder

In Force Listing Reminder

The In Force Listings for First Surplus and Facultative Excess are posted to ShareBase at the end of each quarter and in November to prepare for the end of the year.

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