Rising loss costs, above-average catastrophe activity, and the struggling personal lines segment—especially homeowners insurance—were factors listed as contributing to the losses.
It is possible to offer a quote without substituting your judgment for your customer’s, which is a leading cause of E&O claims.
As people try to build their nest eggs in our current economic environment, cybercriminals are eyeballing their bank accounts more than ever. Here’s how to protect your customers.
The hearing highlighted the recent property insurance market turmoil due to the major disasters in Florida, Georgia, the Carolinas, California, Hawaii and Vermont.
Trends that are likely to grow or emerge for environmental or pollution insurance policies throughout the rest of 2023.
The agency sent the return premium check to the first named insured but was informed the entity has dissolved and was requested to send the check to an individual.
After more than a decade of soft reinsurance rates, conditions changed considerably, with reinsurance rates increasing for catastrophe-prone property and specialty lines of business.
The product provides protection for medical professional liability exposures arising out of a wide range of health-care related businesses.
In the first of a three-part series, The National Council on Compensation Insurance explored several carrier perspectives on the latest trends in safety technology in the workplace.
A commercial insured that rents a building has a sales installment to buy the building from the landlord. The landlord maintains the title of the building and carries building insurance, with no coverage for the tenant.
