Commercial Lines

In the third quarter of 2018, workers comp was the only commercial line to clock a composite decrease, with average rate changes coming in around -3%.

With the advent of ridesharing services leading many individuals to use their personal vehicles for income, the insurance industry has had to adapt quickly.

Independent agent Jon Erickson invests a lot of time in educating his clients about ways to avoid workplace injuries. “Workers compensation costs can be controlled with risk management more than other lines of insurance,” he says.

In a soft market, agents should be mindful that selling on price alone is a risky strategy. That’s why it’s important for prospective lawyers professional liability clients to understand the additional value your agency brings.

In an industry where there is plenty of competition and many challenges, high-end restauranteurs no longer need the added worry of proper insurance coverage for their well-stocked wine cellar.

An agent insures a small general contractor that is considering performing work for a large local school system. The school is requesting that a clause be added to the certificate of insurance.

Here are three important issues you need to grasp in order to not only convince your prospects that they need a professional liability policy, but also make sure they’re purchasing the best coverage available.

When selling professional liability, independent agent Jerry Nelson stresses the importance of understanding the policy forms to “be able to clearly tie in the need to a specific professional discipline,” he says. “You really have to combine the client se

Many small businesses face international exposures, and independent agents can play an important role in providing valuable counsel to help their clients minimize their global risks.

The endorsement protects an insured’s building and contents, including business property in a basement, while also providing coverage for business interruption/extra expense and costs associated with moving property to safety or removing debris.