Hanover Accountants Professional Liability Advantage is designed to meet the needs of a broad range of accounting professionals, providing a variety of insuring agreements, supplemental coverages and coverage enhancements.
In response to COVID-19, Liberty Mutual announced updated guidelines for their 2020 commercial lines profit-sharing agreement and will waive the 10% written premium growth requirement to earn a profit-sharing bonus.
The Hanover 2020 Small Business Risk Report surveyed small business owners nationwide.
COVID-19 has the potential to drive price increases on lines of business that are impacted by this historic event, but if insurer finances also enter the picture it can be an entirely different story.
A PVC pipe burst and damaged the building’s concrete slab. The insurance carrier is excluding coverage for the pipe based on the “wear and tear” exclusion, and excluding coverage for the damaged slab because “foundations below the surface of the ground” a
The second quarter of 2020 saw rate increases in the composite property-casualty sector as well as most other sectors. Meanwhile, personal lines rate increases remained steady at 3.5%.
Loadsure’s All-Risk Cargo product provides a low cost, instant way to minimize the inherent risks of using the spot market.
Insurance agents need to be careful and take appropriate steps to avoid errors & omissions claims that allege they failed to offer uninsured/underinsured motorist and umbrella coverage.
With coronavirus complications affecting rates, exclusions and risks, many independent agents will be forced to rethink how they approach directors & officers coverage.
If piano mover clients dropped and destroyed a piano and were held liable, would the business auto policy respond in any way during the “handling of property” to load and unload onto their vehicles?
