Commercial Lines

Crop Coverage Guarantees Revenue per Acre

Total Revenue Coverage for crops is a supplemental crop insurance policy that offers growers a firm guarantee, expressed in dollars per acre, at the time of signup.

2016 Kicks Off With an Even Softer Market

Property-casualty insurance pricing closed out 2015 with a soft market: Average commercial rates declined to -4% in December from -3% in November and the personal lines composite held steady at -1%, according to the latest MarketScout pricing survey.

3 Workers Comp-Related E&O Exposures to Watch

Swiss Re Corporate Solutions has found that the following three issues are the most common causes of E&O claims arising from placing workers comp coverage: location, premium and time.

NSM Uncorks New Brewery and Winery Insurance Program

Booming growth has called attention to the unique insurance needs of wineries, breweries and distilleries that go beyond what the liquor liability insurance market traditionally offers. In response, NSM Insurance Group has launched a brewery and winery pr

CGL Coverage for Valet Parking Away from Described Premises?

The ISO CGL form contains an exception to the exclusion regarding automobiles for parking vehicles “on, or on the ways next to, premises you own or rent”—aka valet parking. What about a nonprofit using a city-owned lot to park cars during a public festiva

Spin Cycle: Has P-C Market Volatility Subsided?

The property-casualty insurance market has historically faced extreme swings in pricing, availability and coverage conditions. But the volatility seems to have subsided. Is the shift permanent?

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