5 Tips to Procure Loss Runs in a More Timely Manner
A clearly defined loss run strategy is a must for agencies looking to expand their commercial lines business. Here’s how to ease the process to increase your agency’s completion rate.
A clearly defined loss run strategy is a must for agencies looking to expand their commercial lines business. Here’s how to ease the process to increase your agency’s completion rate.
The second quarter of 2022 saw personal lines rate increases stabilize at 5.16%. Commercial rates also stabilized at a composite increase rate of 5.91%.
Why occupancy, vacant buildings and changes in use are creating lessors risk only insurance coverage gaps in commercial real estate.
It’s human nature to look for good news in the midst of bad. Unfortunately, the silver lining your customer is hoping for may not be found in their workers comp premiums by way of employees working from home.
Whether it’s reevaluating tried-and-true policies or exploring new lines, agents have several opportunities to expand this summer.
If an active assailant event impacts one of your commercial insureds, they may need tailored coverage designed to respond to the aftermath.
The builders risk product eliminates gaps in coverage that may exist within the owner’s corporate liability insurance program.
As the architects & engineers market hardens in reaction to demand for professional design services, independent agents can play a significant role in helping their clients secure coverage.
To accurately calculate a potential business income loss, the costs and added time are much different than they may have been just a few years ago.
The architects & engineers insurance market continues to deal with inflation, climate change-related claims and the impact of the COVID-19 pandemic.