“It’s a challenge to instill the mindset that just because you’re trying to help doesn’t mean you aren’t vulnerable to a lawsuit,” says independent agent Ben Guttman. “Many people don’t think about that, but recent cases have made many directors more awar
Thanks in part to federal infrastructure spending, the commercial surety market is booming in the U.S., which has triggered a steady flow of work for contractors and an equally satisfying demand for commercial bonds.
Artificial intelligence (AI) can guide agents and brokers to recommend policies tailored to the specific needs of small or midsize businesses, all while reforming the process for maximum efficiency.
The panel emphasize the need for clear expectations and deadlines to maintain effective communication with underwriters in a digital working environment.
While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.
Coverage is available for most industries and countries with highlights including comprehensive coverage, excess & quota share and specialty coverages.
The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.
After the client submitted a claim, the restoration company found asbestos in the subfloor that was damaged in the claim incident. The adjuster is denying any coverage for the removal of the subfloor.
On this episode of Agency Nation Radio, Owen Thomas, senior account executive at Dial Insurance Agency in Pembroke, North Carolina, shares his experiences from past hurricane seasons and how his agency has applied what it’s learned.
US Assure expanded eligibility for XPressBIND, its online six-question application with no underwriting holds, from $500,000 to $1 million for new home construction projects.