To manage premium increases, 50% of agents suggested that clients move jewelry coverage from their homeowners policy to a standalone jewelry policy, according to a BriteCo survey.
While cyber exposure is dangerously prevalent, there are tactics that businesses can use to protect themselves and their clients.
The new yacht product provides protection against common boating risks, accidents unique to watercraft, theft and environmental damage.
While artificial intelligence (AI) enhances operational efficiency and security, it also widens the cyberattack surface, leading to complex challenges for organizations.
Quantum Boat 2.0 offers the ability to cover up to eight boats on a single policy, expedited policy issuance and highly customizable coverage options.
As long-term care insurance premiums have skyrocketed while availability has dwindled, agents can guide clients through alternative solutions.
Interest rates, property & casualty insurance pricing, and public broker valuations all play their part in influencing deal activity. But we may soon witness a more pragmatic impact—a change to capital gains tax rates.
Demand for surety bonds remains strong thanks to federal government legislation funding construction and other growth areas such as fraud mitigation.
“Small businesses are as vulnerable, or more so, than enterprise organizations,” says independent agent Robert Sargent. “However, many small businesses do not acknowledge their vulnerability.”
As the restaurant market evolves, restaurant owners need clarity on what coverage they have and where they could be vulnerable.
