Markets

For agents operating in the auto market, offering knowledge and coverage options through carriers with expert knowledge of classic cars is key to growing their book of business.

Along with precise building valuations, Construction, Occupancy, Protection, and Exposure (COPE) forms the backbone of any commercial property risk assessment.

Although rarity, overall condition, and emotional appeal all play important roles in determining a classic or collectible car’s value, there are three primary types of valuations that can be used.

DIY home inspection tools represent a new way for clients to get a faster resolution after a loss, helping eliminate the wait for adjuster availability and giving homeowners more control.

Coverage is written on a nonadmitted HO-5 form tailored to California, with Coverage A up to $2.5 million and total insurable value up to $5 million for qualifying risks.

Since 2020, rising litigation costs, social movements, increased regulatory scrutiny and growing employee awareness of their rights have made the EPLI market a complex landscape.

The program offers guaranteed cost options, sophisticated risk management features, a broad underwriting appetite and employer liability limits.

As demand for data centers and energy storage accelerates in the coming year, these contaminated industrial sites will find new life as technology hubs.

The rise of artificial intelligence (AI) and its growing role in employee recruitment and management is set to reshape the employment practices liability insurance (EPLI) market through 2026 and beyond.

As the number of high net-worth individuals (HNW) grows and more are considering self-insuring, agents’ roles are transforming from policy placement to strategic risk advisor.