Jerry Trupin

About Jerry Trupin

Jerome “Jerry” Trupin, CPCU, is a partner in Trupin Insurance Services located in Briarcliff Manor, NY. He provides property/casualty insurance consulting advice to commercial, nonprofit and governmental entities. He is, in effect, an outsourced risk manager. Jerry has been an expert witness in numerous cases involving insurance policy coverage disputes and has taught many CPCU and IIA courses. Jerry has spoken across the country on insurance topics and is the co-author of over ten insurance texts used in CPCU and IIA programs including Commercial Property Risk Management and Insurance and Commercial Liability Management and Insurance. He regularly contributes articles to CPCU Society publication, the Insurance Advocate®, and others. He can be reached at jtrupin@aol.com.

Posts by Jerry Trupin:

2015/ June 15/ Past Issues

Designated Premises Exclusion NYTimes On Homeowners Deductibles & Damage to a Tenant’s Apartment Updates on C of I and TNCs

Jerry Trupin Exposures and Coverages June 15, 2015

Designated Premises Exclusion—Score One for the Home Team. I hate the designated premises exclusion endorsement. It links coverage to a specific location rather than providing broad coverage throughout the coverage territory. While it’s probably needed in certain situations (e.g. the insured operates multiple locations and the policy is intended to cover just one), it is […]

2015/ May 11/ Past Issues

When Does a Property Loss Occur?

Jerry Trupin Exposures and Coverages May 11, 2015

It’s generally clear when a property loss has occurred. The building burns down, the insureds call the fire department, and then call their insurance producers. But sometimes the damage occurs and the insured doesn’t know about it. It’s the insurance variation of “If a tree falls in a forest and no one is around to […]

2015/ May 11/ Past Issues

ISO Tries to Fix “Where Do You Reside” Problem in HO

Jerry Trupin Exposures and Coverages May 11, 2015

ISO Fixes the Residence Prob- lem in Homeowners Policies— Somewhat. Mary, an elderly widow, suffers from a number of chronic ailments and has signs of dementia. Her family decides that she can no longer live on her own and must be moved to a nursing home. They realize that Mary will never recover sufficiently to […]

2015/ May 11/ Past Issues

ISO Responds to Uber, Lyft and Other TNCs

Jerry Trupin Exposures and Coverages May 11, 2015

ISO Responds to Uber, Lyft, and Other TNCs (Transporta- tion Network Companies) ISO has responded to the Uber, Lyft and the TNC craze that’s disrupting the taxi industry by filing new endorsements. It’s a response that will leave ISO-based insurers out of the game. The most important change is a mandatory endorsement that eliminates coverage […]

2015/ May 11/ Past Issues

Computer Hacking Caused by Carelessness More Than Cleverness

Jerry Trupin Exposures and Coverages May 11, 2015

Phishing, not Phenoms, Cause Most Computer Hacking Problems It’s not Professor Moriarty, Darth Vader, or even Crabby Appleton who wreak havoc on our computers, it’s our own gullibility. More than two-thirds of the 290 electronic espionage cases studied by Verizon and Symantec involved some- one victimized by phishing (computer- speak for emails that trick you […]

2015/ April 13/ Past Issues

What Is Theft? Crime Coverage Terminates for Certain Employees Uber & Lyft Insurance Update The Drones are Coming

Jerry Trupin Exposures and Coverages April 13, 2015

What is “Theft”? “When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean — neither more nor less.” “The question is,” said Alice, “whether you can make words mean so many different things.” “The question is,” said Humpty Dumpty, “which is to be […]

2015/ March 16/ Past Issues

A Tale of Two Exclusions: Fungi and Bacteria & Cosmetic Damage

Jerry Trupin Exposures and Coverages March 16, 2015

Reader Asks About: Fungi and Bacteria Exclusion A Westchester producer writes: We have a client that plans to produce and sell maxi- pads in foreign countries. We’ve received two quotes. The first totally excluded losses in any way involving fungi or bacteria. The second has a more limited exclusion: “Bodily injury” or “property damage” which […]

2015/ February 9/ Past Issues

Appraisal Rights Expanded; Drones and Insurance; Cuomo Signs C of I Legislation

Jerry Trupin Exposures and Coverages February 9, 2015

New York has expanded the usefulness of appraisals for settling disputed property insurance losses. The revision clarifies that the scope of the damage is a proper subject for appraisal. The change passed both houses of the legislature unanimously and was signed by Governor Cuomo on November 24, 2014. Almost all property insurance policies include a […]

2015/ January 12/ Past Issues

Uber, Airbnb and Insurance

Jerry Trupin Exposures and Coverages January 12, 2015

What do Uber and Airbnb have to do with insurance? Sounds like the opening line to a bad joke, but it’s no laughing matter. When each started, Uber and Airbnb wanted as little to do with insurance as possible. It’s not working out that way. The insurance problems each presents are similar, but since they […]

2014/ December 22/ Past Issues

Business Income—Purchase Adequate Limits Whether or not Coinsurance Applies; Telephone Toll Fraud

Jerry Trupin Exposures and Coverages December 22, 2014

The most frequent question producers ask me concerns how to set the amount of insurance for business income coverage. Here’s one from a NYC producer: “We are insuring a condo association of 50 units… If total annual maintenance fees amount to $250,000 for all units combined, would you suggest that we write the [Business Income] […]