Finding Solutions as Carriers Reduce Capacity in the Hard Market
Last week, California Insurance Commissioner Ricardo Lara announced his Sustainable Insurance Strategy to improve capacity and offer rate relief.
Last week, California Insurance Commissioner Ricardo Lara announced his Sustainable Insurance Strategy to improve capacity and offer rate relief.
“People are always looking for better opportunities and the constant changes in underwriting guidelines,” says independent agent Rajan Nurnie. “An improvement I have seen is that it used to take up to two weeks to get a quote back, and now it takes just
Not only is the hobby transitioning to new generations, both to Generation X and millennials, it is also witnessing the evolution to electric vehicles (EVs).
Beazley’s directors & officers product has been redesigned and drafted with clear, concise and modern policy language.
A surge in classic car values—primarily due to rising inflation and exchange rate variability—means that owners are facing insurance-related issues.
Mile High Markets has updated its daily rental insurance program with new carriers and a new third-party claims administrator.
After more than a decade of soft reinsurance rates, conditions changed considerably, with reinsurance rates increasing for catastrophe-prone property and specialty lines of business.
The product provides protection for medical professional liability exposures arising out of a wide range of health-care related businesses.
As many admitted carriers exit markets, limit coverage or increase rates, excess & surplus has become the fastest-growing market in the industry.
“If you educate clients and help them understand the coverages that are needed—and not at just the minimum limits—they see the bigger picture,” says independent agent Stephanie Ehman. “The gratefulness that they feel and express when you insure them corre