Personal Lines

Warren Buffet says, “Price is what you pay, value is what you get”—and according to independent agent Christopher Cay, nowhere is that adage more pertinent than high net-worth personal lines.

A carrier learns that an insured grows marijuana for personal use, which is legal in their state. Is this a valid reason for non-renewal or initial denial of coverage?

For no additional premium, Midland National Life Insurance Company expanded the scope of its Premier Term life insurance product by adding accelerated death benefit endorsements for critical, chronic and terminal illness.

Traditionally, standalone long-term care insurance has targeted the affluent. But New York Life saw a need to provide this valuable coverage to middle-market consumers at a price point that suits more peoples’ budgets.

Consumer satisfaction with the personal auto insurance purchase experience hit an all-time low in 2018—and the decline is partially attributable to inadequate explanations of the tools and resources required to understand insurance premiums.

An insured has a dwelling fire policy written on special form. As the weather gets colder, the furnace activates, igniting a nest built by a squirrel that has taken up residence in the crawlspace where the furnace is located.

As driverless cars proliferate, will the U.S. auto insurance markets as we know them shift dramatically away from individual liability policies and toward product liability solutions? Not necessarily.

How can agents best keep up with trends in auto, and then convey that knowledge to their policyholders and prospects to sell coverage that fits into this new environment?

The holiday season might be a time of goodwill, a time to celebrate and a time to put your feet up, but this time of year also presents increased risks for homeowners.