From The Front Lines: Aviation
“There’s been over five consecutive years of underwriting losses in the aviation insurance market,” says independent agent Tim Bonnell Jr. “Premiums have been increasing and underwriting has been stricter.”
“There’s been over five consecutive years of underwriting losses in the aviation insurance market,” says independent agent Tim Bonnell Jr. “Premiums have been increasing and underwriting has been stricter.”
An insured is separated from her husband and wants to stop paying the premium for the vehicle he drives. If an accident were to occur, would she be liable for anything pertaining to the policy or accident?
Kelly Donahue-Piro, owner of Agency Performance Partners, sits down with two experienced agency presidents to share advice for how to interact with clients in the hard market.
In an evolving marketplace and increasingly litigious environment, educating A&E clients about purchasing professional liability coverage is particularly important.
These two factors could lead to higher experience modifications and increase premiums going forward.
A barge service was installing a boat lift for a client when the wind shifted directions and pushed the barge into another dock, causing $6,000 in property damage. The carrier is denying coverage because the boat was moved by the wind.
Artificial intelligence tools have been praised for saving hiring managers valuable time and creating a diverse pool of applicants. But it’s important to address some big concerns before implementing AI in your HR department.
Here are six of the most common misconceptions the general public shares about flood coverage, which affect an agent’s ability to sell a flood policy.
While professional liability limits for many architecture & engineering firms have remained consistent, a changing landscape and severity of court verdicts is causing some carriers to reevaluate their appetite.
After a fatal accident in which the victim was hit by an underinsured driver while driving an unlisted tractor, the carrier says uninsured/underinsured motorist coverage does not apply.