2021 Property Market Outlook: Rates Continue to Increase

Commercial insurance buyers will feel the effects of the firming property market this year, according to the 2021 U.S. Property Market Outlook by Risk Placement Services. Rate increases up to 15% or higher are expected in the first half of the year.

Neptune Flood Expands Coverage to Include All NFIP Classes

Neptune Commercial Flood Insurance expands its flood insurance products to include all NFIP product types. Products include residential condominium building associations, apartment buildings, co-ops, hotels, motels and inns.

Subrogation: Giving Insureds a Competitive Advantage

Subrogation, recovering sustained damages from a negligent party, is an often-overlooked service to secure customer retention and reduce risk. Here are three ways to help clients maximize their subrogation recoveries.

How to Set Your Commercial Clients Up for Success in 2021

Agents should continue demonstrating high levels of agility and work with carriers to help commercial clients through the unique challenges this year will bring. Here are three ways to set your commercial clients up for success.

Opportunities Abound for Future-Minded Agencies

The independent agency channel is at an inflection point, and future-minded agencies will choose to evolve. Here are four key pillars agencies should look to when creating a transformation action plan.

Don’t Let Ransomware Hold Your Client Hostage

Cybercriminals are becoming bolder in their ransom demands and are using more sophisticated tactics in accessing data systems. As a result, agents brokers and their clients may face a more challenging market for cyber insurance.