In 2021, Perspective Insurance purchased three agencies. When Jessica Mulder was tasked with transitioning each agency and its data onto their agency management system, she knew “there were going to be set backs,” she says. “You had to have an open mindse
By: Volume: 119, Issue: 12
A recession, coupled with the numerous other challenges facing the commercial auto insurance market, will certainly create additional headaches for the commercial auto industry.
What EPLI underwriters learned—and what cyber underwriters have come to understand—is that protecting companies from costly claims must start with being proactive about risk management.
As losses from natural disasters in the Southeast continue to mount, there is uncertainty about how a hardening property insurance market and a tight reinsurance market will react.
With the increasing cost of insurance, inflated gas prices and supply-chain issues leading to rising costs for cars, the personal auto insurance market is on a bumpy road.
The new product helps fill coverage gaps and provide substantive resources designed to protect organizations from existing and evolving D&O threats.
Inflation is driving up loss costs, carriers are increasing rates and underwriting guidelines are being tightened—all leading to a deteriorating auto insurance market.
While your clients may be tempted to cut corners on their insurance coverages, insurance protection and proactive risk management measures are vital to make it through an economic downturn.
Regardless of your tenure, size, market, niche, staffing or any other descriptor, this conflict is real and the way you approach it defines your organization.
