Personal Lines Rates Up 6%, P-C Rates Up 7%
The fourth quarter of 2020 saw the composite rate for personal lines increase 6.3%, reflecting the market’s rate acceleration.
The fourth quarter of 2020 saw the composite rate for personal lines increase 6.3%, reflecting the market’s rate acceleration.
Knowing how a personal umbrella policy fits into your client’s lifestyle is key to understanding why you should offer one. Here are four ways agents can help ensure clients are covered with a personal umbrella policy.
Here’s three things to tell your new talent to help them see the exciting career opportunities the insurance industry offers.
Umbrella coverage offers additional protection for those who want increased limits or to fill insurance gaps. The pandemic has accentuated certain trends leading to increased claims and a hardening of rates.
The global supply chain was already reordering when COVID-19 accelerated shifting trends in different geographies. The effects will drive the demand for all types of insurance, including commercial insurance.
Wine collecting is an area of the luxury market that has grown significantly in recent years—with unique and ever-present risks from water damage to cleaning chemicals. Here’s how agents can guide clients on protecting their collections.
Burns & Wilcox’s ProConstruct provides tailored professional liability coverage for contractors and designers, including valuable contract review services to help address potential litigation concerns from project delays.
In line with many other segments, the environment for excess & surplus lines property market continues to be challenging. It’s important for agents to manage client expectations and deliver the tough message upfront.
For independent agents, choosing between a local bank or an industry bank for banking needs can be difficult. Here are some reasons in favor of choosing an industry bank.
Cybersecurity risks have increased as more employees work from home during the pandemic. While many traditional insurance policies exclude losses resulting from a cyber incident, the right cyber insurance policy will help mitigate losses arising from such