How Insurance Can Alleviate Challenges in the Trucking Market
Market pressures, such as inflation, an aging workforce, falling freight rates and an evolving, dynamic marketplace, are impacting the cost and availability of trucking insurance.
Market pressures, such as inflation, an aging workforce, falling freight rates and an evolving, dynamic marketplace, are impacting the cost and availability of trucking insurance.
Coverage highlights include defense beyond the standard limits, automatic inclusion of third parties and full prior acts coverage.
Inadequate limits are an all-too-common claim in independent insurance agency E&O. And with inflation today outstripping even the inflation guards inserted on some policies, these claims are becoming more frequent.
The product provides an admitted general liability and excess coverage solution for hard-to-place risks.
Most real estate projects require builders risk insurance, both during the course of new construction and when remodeling.
A firewood company has $500,000 of stock on 12 acres, but the business personal property policy says it is only covered with 100 feet of the building.
Now that the urgency of the coronavirus pandemic has regressed, managers can spend more time sorting out the minute details of their hybrid schedules.
A new workplace comes with new risks—and independent insurance agents should make their clients aware of the employment practices liability exposure.
Mortgage lenders are requiring agents to supply a replacement cost estimate (RCE) for refinance closings. Is this something the agents should be doing?
Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant pressure on the property-casualty industry.