Markets

Businesses of all sizes throughout the U.S. continue to face challenges from the evolving nature of cyber risks.

The product covers any economic losses resulting from fluvial, pluvial and coastal flooding, and offers rapid payouts triggered by pre‑set conditions.

From hurricanes in the Southeast, wildfires in the West and severe convective storms in between, catastrophes are a defining feature of the current insurance landscape and are changing property insurance.

As social media continues to make car theft trendy, agents can help clients get up to speed on the latest anti-theft technology.

The financial strain of long-term care (LTC) can be significant, but the option of a hybrid LTC and life policy combination opens up another avenue for agents to present to their clients.

The coverage combines core contractors pollution liability (CPL) coverage with a limited control of well (COW) extension, offering more comprehensive protection for remediation projects.

Safety technology is a fast-evolving, dynamic field with advanced use of data analytic tools and artificial intelligence (AI) powering its evolution. Here are four common factors related to using safety technologies in the workplace.

“For the family, it is the love letter that someone can leave to another member that protects and benefits them,” says independent agent David Wasson. “It can be useful for everything from final expenses and loan protection to creating an estate.”

Educating consumers about the benefits of an LTC plan—whether that plan is to rely on government-funded care, buy insurance or cover LTC expenses with personal assets—is key.

While factors like increased repair expenses, more frequent claims and stricter regulatory requirements are responsible for over a decade of premium increases, insurance remains a large cost of doing business.