Risk Theory Answers Demand for Auto Dealers’ Open Lot Cover

Auto dealerships are a volatile niche for insurers. With some programs exiting the market, Risk Theory is stepping into the gap with a product that helps auto dealers manage significant risks to their inventories, including hail, flooding, collision, thef

Progressive Acquires ASI, Improves Homeowners Offering

Progressive enhances and expands the availability of its homeowners offering with a new product made possible by the company’s ongoing acquisition of American Strategic Insurance—both part of efforts to appeal to the financially responsible preferred cust

How to Create a Hiring Strategy with a Perpetuation Focus

As baby boomers start to fade out of the independent agency channel nationwide, agencies need to take a closer look at whether their hiring strategies are sustainable. But a perpetuation plan requires more than simply hiring a couple of new producers.

Cincinnati Insurance Seeks High Net-Worth Homeowners

To expand its presence in the high net-worth personal lines sector, Cincinnati Insurance Co. has plans to increase capacity through its Executive Classic homeowner policy and add a new product with key coverage expansions.

BAP Coverage Gap: Damage to a Rental Car

When an LLC rents multiple vehicles for a project, employees use personal credit cards. After an accident occurs, the insurer denies the claim on the basis that the vehicle wasn’t rented to the named insured.