Commercial Lines

How Agency Management Systems Can Help Defend E&O Claims

Too many errors & omissions claims still result in a he said/she said credibility dispute. Documenting all interactions with customers and carriers as well as every insurance transaction can be critically important in defending an E&O claim.

Sharing Economy Puts Pressure on Hotel Business

Young professionals are approaching their career primes, while sharing services like Airbnb make it easier to find a home away from home. In light of these cultural shifts, what do you need to know about your hotel insurance clients?

Sierra Specialty Offers Insurance on the Range

Sierra Specialty has introduced its Agri-Services Program, a package of general liability, professional liability and pollution cleanup coverage designed for businesses serving the agricultural industry.

New Lumber Program Covers Post-Sawmill Industries

ICBM, a managing general agency created by wholesale broker Swett & Crawford, offers a comprehensive package program for lumber, building materials and secondary forest product industries.

ABA Offers New Cyber Policy for Banks

ABA introduced its first line of coverage in the cyber niche in 2001 as banks began offering transactional capabilities on their websites. Now, the policy provides coverage for a wide range of cyber and privacy exposures.

Workers Comp: Top 3 Regulatory Issues to Watch in 2016

Workers comp conditions have been calm for a while, but don’t expect it to last. Opt-out laws, reform efforts and the independent contractor classification may have a dramatic impact on the market this year.

Maritime Expands Builders Risk Program

Maritime Program Group, the product underwriter for Swiss Re Corporate Solutions, has expanded its builders risk program limit from $15 million to $100 million. Now, the company can provide capacity for larger projects inclusive of natural catastrophes ac

New Health Care Trends Drive Change for Workers Comp

On average, medical now represents 60% of the benefit dollar provided to injured workers nationally. Why are medical costs on the rise? And what’s happening in the health care space that will impact workers comp insurance in 2016?

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