Strategies

E&O, Territory Limitations and Stolen Truck Cargo

A U.S.-based trucking client’s truck and cargo were stolen in Canada, but the carrier denied the claim due to a territorial exclusion. The loss happened “before the insured had a chance to read the policy.”

How the Hard Market Is Impacting Agency Values

Some of the impacts of the hard market can have a positive impact on agency valuation, while others will work to depress values. Understanding these will help navigate uncertain times.

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