Commercial Lines

In addition to workers compensation, Foresight now offers inland marine, motor truck cargo, contractors, equipment, and builders risk policies.

Now is the time agents can improve and add value to their client relationships as rates rise and capacity tightens within the builders risk marketplace.

Many contractors are still unaware of the professional services and pollution risks associated with their construction work. Independent agents can help clients cover such risks.

The construction industry battled direct and collateral effects from COVID-19 as many builders risk policies did not provide the coverage needed.

Proximity Protect provides workspace coverage and underwriting support for coworking and flex space operations.

While D&O rates are expected to increase through 2021 the trends are definitely encouraging, unless you’re going public through an initial public offering (IPO) or a special purpose acquisition company (SPAC).

The agent submitted an application for professional liability, but was told by the underwriter that saunas and float tanks are operations hazards and therefore do not have professional liability exposure.

Here’s a breakdown of the most common errors agents make when placing professional liability coverage—and how to avoid those situations.

The coronavirus pandemic, catastrophic weather events and other market pressures continue to exacerbate market challenges across all commercial property-casualty lines of business, with rate increases of 25% to 50% in cyber insurance.

While the market remains extremely soft with ample capacity and positive growth projections through 2027, things may not be as rosy as they seem.