Historic Number of Tornadoes Wreak Havoc in the U.S.
2024 saw the second-highest amount of tornadoes on record and 2025 is predicted to continue above-average activity. One weekend alone in mid-May caused $9 billion-$11 billion in damage.
Commercial Lines
How to Insure a Truck-Mounted Drill Rig
A commercial insured needs to coordinate between a business auto policy and an inland marine policy to cover a a water well drill rig permanently mounted on a Peterbilt truck.
Why the E&S Market Continues to Grow
The hard market is among the causes of the growth of the excess & surplus market, which had previously been considered a safety valve.
P&C Insurance Market Reports Best Underwriting Results Since 2013
However, progress could be undone by the January California wildfires and the impact of tariffs, the report from Triple-I and Milliman warned.
Does an HO3 Cover a Dwelling Being Built in Another State?
An insured lives in Connecticut but is building a new one-family home on their property in Massachusetts.
1 in 4 Businesses Know They’re Underinsured As Catastrophe Concerns Increase
Despite rising concerns, 26% of commercial property owners admit to knowingly carrying inadequate insurance coverage to account for severe weather events, an 8-point increase from 2023.
NEXT Announces Multi-Location Workers Comp Coverage
The coverage allows small business owners with multiple locations to easily secure coverage through a single policy.
How Coastal Habitats Can Reduce Flood Losses and Create More Resilient Communities
Coral reefs, mangroves, salt marshes and seagrass meadows can significantly reduce flood losses in coastal areas, according to a Swiss Re Institute analysis of data.
An Overview of the Micro-Businessowners Coverage Form by ISO
The Micro-Businessowners Coverage Form—also known as the Micro-BOP—may be a good and inexpensive answer for your smaller entrepreneurs without commercial property exposures.
6 Ways to Protect Buildings from Severe Convective Storms
As insurers increase their underwriting restrictions to limit storm exposures, risk mitigation is becoming more important than ever for commercial insureds.
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