How Litigation Funding Firms Are Making Social Inflation Worse
As litigation funding becomes more common in general liability litigation, rising claims costs are impacting the casualty market.
As litigation funding becomes more common in general liability litigation, rising claims costs are impacting the casualty market.
Help new transportation businesses get their wheels turning with these risk management tips.
“More and more technology is being used by insurance companies for underwriting purposes,” says independent agent Ben Hogan. “Whether it’s tracking Department of Transportation safety scores, telematics or dash cameras, there are so many ways for insuranc
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.