Biggest Product Liability Payouts: How Agents Can Ensure Clients Have Adequate Coverage
High-profile product liability lawsuits have been making headlines, pointing to several factors agents should keep in mind when offering product liability.
High-profile product liability lawsuits have been making headlines, pointing to several factors agents should keep in mind when offering product liability.
The business owners policy has eligibility for more than 300 business classes across eight industries, including restaurants, offices, wholesale, habitational and more.
Managed detection and response (MDR) offers a more cost-effective way for businesses to add expertise and improve their security.
Join forces with Hagerty to not just survive but thrive in the hard market.
As the frequency and severity of product liability claims continue to rise, the product liability market is facing some challenges.
The new policy addresses the evolving needs of the legal community as it relates to malpractice exposures.
Extreme weather has been impacting the agricultural industry for years, with crop insurance providing support for many of the losses experienced.
“To me, it seems to be at the center of insuring families,” says independent agent Billy Wagner. “Our goal wasn’t just to sell policies but to facilitate informed purchasing decisions through education and simplification.”
At a time when agencies are feeling the squeeze from increasing operational costs and companies cutting commissions, solidifying relationships will help retain clients and protect income.
Independent agents can make sure their public entity clients understand their risks and have the insurance protection they need at a price they can afford.