Magazine

PFAS can be found in items from firefighting foam to food packaging, which means agents should be taking a hard look at all their commercial insureds for potential PFAS exposure.

Trends that are likely to grow or emerge for environmental or pollution insurance policies throughout the rest of 2023.

Many cannabis businesses deal entirely in cash, which makes it hard to operate while under significant risk from theft.

One of the latest trends is retail consumption lounges, and agents should keep up to date with evolving regulation.

Today insurers and their clients have access to more information to assist in the underwriting and protection of their commercial marine risks.

The commercial marine market is facing headwinds from rising inflation impacting pricing and consumer spending, the effects of the Russia-Ukraine war, geopolitical concerns, and supply chain disruptions.

With the Environmental Protection Agency recently adding some variants of PFAS to its hazardous substance list, insureds have potential exposure for cleaning and reporting releases.

Environmental exposures are becoming harder to ignore and many commercial policies are excluding exposures to specific contaminants.

Here are three ways agents can help procure the best possible coverage for public entities clients despite changing risks.

The public entities insurance market has experienced significant upheaval as carriers exited the sector, due to an increase in risks, or reduced capacity, requiring a higher level of self-insurance.