Commercial Lines

Every business relies on their equipment to keep their business running, which means explicitly designed equipment breakdown coverage is crucial.

In commercial lines, is is best to rely primarily on referrals for new business? Or is it better to branch out to other channels? Two independent agents debate the issue.

Errors & omissions claims happen, and many of the worst ones—those in excess of $1 million—come from the same lines of business and involve similar types of errors.

An agent receives a request for a certificate of insurance listing forms CG 20 10 11 85 and CG 20 37 10 01. But the carrier for the insured uses more recent editions of the forms—07 and 04, respectively.

As wildfires continue to ravage many areas of the U.S., the winery insurance market is feeling the pressure. What can winery insureds do to make sure they’re as attractive a risk as possible?

Munich Re’s Battery Performance Warranty Cover product is one of the first coverages in the world to make battery performance insurable.

The spate of major wildfires over the last several years has hit one insurance market particularly hard: wineries.

In the liquor liability market, independent agent William Schaner’s biggest challenge is providing clients “with a level of coverage that will protect them without making them insurance poor,” he says.

Here are 10 suggestions for new agents that can help reduce your errors & omissions exposure.

Once you convince a commercial client that directors & officers insurance is worth the investment, here are four coverage elements to keep a close eye on in 2019 and beyond.