While hard market conditions continue within the trucking industry, clients continue to shop around for better rates. Here are three ways to assist clients in getting the best rate and coverage to meet their needs.
Clients may look to reduce coverage with product liability market pricing expected to continue hardening in 2021. Here are four coverages agents should consider offering to ensure their clients are adequately insured.
Agents should continue demonstrating high levels of agility and work with carriers to help commercial clients through the unique challenges this year will bring. Here are three ways to set your commercial clients up for success.
A pool contractor is insured on a commercial general liability occurrence form and is selling the business. If they cancel the CGL and a claim arises in 2021 but the pool was built in 2020, would the 2020 policy respond?
An insured lost income due to an ice storm. Their commercial property policy has an enhancement for business income and extra expense. The claim was denied as coverage isn’t “included in the policy.”
The trucking industry is leading the charge in quelling consumers appetites for critical goods during the coronavirus pandemic. As more people work from home and consumer demand continues, could the industry be poised for success in 2021?
“Historically, trucking was a high initial investment and a sophisticated industry to enter,” says independent agent Kelley Culley. “But in the past few years, many of those barriers to entry have dissolved.”
While negatively impacted by the global pandemic, certain sectors of the product liability market, from technology to the life sciences industry, are seeing opportunities for growth.
Foresight Risk and Insurance Services offers Foresight™ Workers Compensation to insure safety-critical businesses with a technology-first workers comp program.
The global supply chain was already reordering when COVID-19 accelerated shifting trends in different geographies. The effects will drive the demand for all types of insurance, including commercial insurance.
