Commercial Lines

The spate of major wildfires over the last several years has hit one insurance market particularly hard: wineries.

In the liquor liability market, independent agent William Schaner’s biggest challenge is providing clients “with a level of coverage that will protect them without making them insurance poor,” he says.

Here are 10 suggestions for new agents that can help reduce your errors & omissions exposure.

Once you convince a commercial client that directors & officers insurance is worth the investment, here are four coverage elements to keep a close eye on in 2019 and beyond.

Coverage options include investment adviser professional liability, fund professional and management liability, D&O liability, employment practices liability and fiduciary liability.

Over the past several years, the legal and regulatory environment has shifted significantly, leaving directors & officers of all kinds exposed to costly and potentially devastating lawsuits.

As more organizations face more lawsuits, the price of directors & officers insurance “is going to increase at some point,” says independent agent Mish Ganssle. “However unfounded a claim might be, it must still be litigated, which takes time, and legal c

An insured has a $5-million limit on their umbrella policy but wants to show only a $2-million limit on the certificate of insurance. Is it permissible for an agent to list lower limits on the COI than what the policy actually provides?

Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.” This notion can do wonders for your agency.

The policy is triggered after an earthquake of magnitude 4.0 or higher that causes a business to close for any reason—even if no property damage occurs.