HSB Launches Cyber Insurance for Connected Commercial Vehicles
Coverage provides protections that address the critical cyber risks facing connected commercial fleets, such as auto cyberattack, transportation costs and loss of use, and more.
Telematics
How Parametric Insurance Can Help Your Commercial Clients
Parametric insurance has been around for many years, but with increased data granularity and availability, these special policies are now widely available to fill coverage gaps under admitted policies.
How Telematics Continues to Transform the Auto Market
Transparency regarding data protection practices will remain a key factor in the adoption of telematics-driven insurance policies.
Top 5 Most-Read Articles in Independent Agent in November
Articles examined the trend of expanding telematics data, strategies to prevent errors & omissions claims after a merger or acquisition, and how artificial intelligence (AI) can cause E&O exposures.
5 Practical Risk Mitigation Tips Agents Can Provide for Trucking Clients
While factors like increased repair expenses, more frequent claims and stricter regulatory requirements are responsible for over a decade of premium increases, insurance remains a large cost of doing business.
Commercial Auto: How Nuclear and Thermonuclear Verdicts Are Adversely Impacting the Market
Trucking companies faced $165 million in nuclear verdicts in 2023, with an increasing trend of thermonuclear verdicts. Mounting costs from these large verdicts present significant challenges for the commercial auto insurance market.
4 in 5 Parents of Teen Drivers Would Enroll Child in Telematics Program
Less than half of parents rate their teen’s driving as good or excellent, according to Nationwide, with some parents reporting their teen’s unsafe driving behaviors, including styling their hair or even watching videos.
Parents Are Key in Teen Driver Safety
The American Property Casualty Insurance Association (APCIA) recently launched a public awareness campaign on the importance of parents encouraging teens to be safe behind the wheel.
Driver Overconfidence Is Making Distracted Driving Worse
Most drivers believe other motorists’ driving behaviors are bad and getting worse, according to Nationwide. Yet most rate their own driving very highly, despite participating in the same risky behaviors.
4 Auto Insurance Studies Agents Should Read
Increasing auto insurance premiums have been a concern over the past couple of years. Here are four insurance reports agents can use when discussing the market with clients.
