Why Social Inflation Is the Leading Trend in Personal Injury Awards
Given the number of civil filings made in 2022, personal injury awards are putting pressure on the product liability insurance market as nuclear verdicts become the norm.
Given the number of civil filings made in 2022, personal injury awards are putting pressure on the product liability insurance market as nuclear verdicts become the norm.
After a break-in at their office, a client realized about $50,000 of extra fuel was purchased on a credit card that was stolen. What coverage is there for unauthorized use of the card?
Here are five types of bonds that many agents miss out on writing, plus how to find opportunities to offer them.
In July 2022, the Blockchain Insurance Industry Initiative (B3i), the insurance industry’s blockchain project steered by a consortium of 15 insurers and reinsurers, ceased activities and filed for insolvency following unsuccessful funding rounds.
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With the right carrier partners, agents can meet clients’ needs with the bonding assistance they may have previously shied away from offering.
The agent listed one part of the insured’s name as “doing business as” (DBA) because it is not a legal entity, but the insured says its a division of the primary named insured corporation.
On this episode of Agency Nation Radio, Jessica Mulder, operations manager of Perspective Insurance in Sioux Center, Iowa, reflects on how she played a role in the purchase of three agencies in one year.
There are myriad of issues that can lead to a claim against accountants and E&O coverage provides the necessary protection.
“Be a student of the industry,” says independent agent Rodney Yates Jr. “If you don’t continue to learn, adapt and evolve, you will be left behind.”