Changes in the environmental liability market means that “exposures can be found in all types of businesses,” says independent agent Bill Braley. “Coverage for environmental exposures has moved well beyond regulatory compliance and obvious pollution expos
What is the significance and use of the clause?
As the trucking market reacts to cascading nuclear verdicts, rising settlements and higher demand, insurance agents must raise their game. Here are four ways agents can help their trucking clients manage risk.
When it comes to trucking insurance, independent agency president Lance Smith says you should know not just insurance but also the issues and obstacles your clients face every day.
Rate increases over the past decade, higher loss severity and a myriad of regulatory changes have made the commercial trucking insurance market almost impossible to navigate.
With a $5-million aggregate limit in place, most agencies believe they are unlikely to be overcome by a series of small, unrelated claims in a single policy period. There is some truth to that but some peril, as well.
What is the difference between water seepage and accidental discharge from the breaking apart of pipes?
Cannabidiol (CBD) sales in the U.S. will surpass $20 billion by 2024. The biggest emerging trend in product liability insurance, the CBD market has unique challenges.
Insurers have had their work cut out for them over the past couple of years, especially liability insurers. Recent developments are steering a significant shift to a hard product liability market.
Chubb Small Commercial Insurance has expanded its appetite to include casual dining, caterers, fast food, fine dining, food trucks and more.