Coverage includes no waiting periods with the exception of orthodontic services, no copays for most preventative procedures and a new benefit covering two additional cleanings per year when medically recommended.
The updated product, Chubb Primary Directors & Officers and Entity Securities Liability Insurance, is intended to meet the much-changed needs of publicly traded companies.
Is there errors & omission coverage for recommending a life settlement option? The answer is “yes” and “no.”
Travelers launched Global Companion Plus+, combining property and liability products for companies with small to large international exposures.
How the independent agent’s role in commercial lines submissions is evolving and how, in many important ways, it will stay exactly the same.
IVANS is revolutionizing the commercial lines policy workflow, creating a more connected and efficient ecosystem for all stakeholders. The goal: A superhighway, connecting insurers, agencies and insureds in a single exchange.
For an agent looking to enter the environmental insurance market, here are four tips to ensure you provide the coverage your client needs.
“It’s important to keep in mind that the contract wording varies from insurer to insurer,” says independent agent Bob Reynolds. “As a largely nonstandard line of coverage, the terms and conditions can vary widely.”
Coverage written on a claims-made basis require key employees to report any incidences that qualify as or may lead to a claim.
In a world where the top five global risks identified by the 2020 World Economic Forum are environment-related, increased exposures and liabilities are setting the market up for a complete evolution.
