From The Front Lines: Aviation
“There’s been over five consecutive years of underwriting losses in the aviation insurance market,” says independent agent Tim Bonnell Jr. “Premiums have been increasing and underwriting has been stricter.”
“There’s been over five consecutive years of underwriting losses in the aviation insurance market,” says independent agent Tim Bonnell Jr. “Premiums have been increasing and underwriting has been stricter.”
In an evolving marketplace and increasingly litigious environment, educating A&E clients about purchasing professional liability coverage is particularly important.
While professional liability limits for many architecture & engineering firms have remained consistent, a changing landscape and severity of court verdicts is causing some carriers to reevaluate their appetite.
With positive financial results in the workers comp market, agents can expect clients to consider the cost of their coverage and whether they can save money by switching providers in a competitive market.
Carriers and agents are playing a key role in the increased use of technology to manage workplace safety risks.
As wildfire season is seeming to become an annual occurrence, agents and carriers must learn more about the challenges their winery clients face.
MissionSafe engages auto insurance customers to enhance safe driving practices while earning a discount.
Experts outline the differences in coverage and scope.
Increased reliance on mobile ordering and payments, QR code menus and Wi-Fi access for customers have opened the doors for many restaurants to become targets of cyberattacks.
The product offers sublimit reinstatements, up to $1 million in wage and hour protection and continuity of claims coverage.