With significant losses over the last couple of years, commercial marine had started moving toward a hard market. Nevertheless, several market research firms have projected growth of $8 billion by 2024.
Defending the cost of a media liability suit can be financially devastating for a company. Its never been more important for agents to work with clients to identify potential areas of risk.
Industries across the U.S. have been adversely impacted by the global pandemic. Here are three ways the cannabis insurance industry has been affected.
More and more content is being created by social media influencers, many of whom are unaware of the extent of their liability exposure.
The product focuses on defamation, libel and slander, infringement of copyright and trademark, as well as other content-related exposures for small to medium-sized enterprises.
As the Federal Aviation Authority considers the possible loosening of regulations for the drone industry agents and brokers need to be prepared for what’s to come.
“In the beginning, neither the government nor the insurance industry was prepared to deal with this entirely new technology as fast as it became available,” said independent agent Gerry Zoller. “Today, we see uniform government regulations and several ins
As the commercial drone industry becomes less restrictive, insurers and agents are preparing for more opportunities in the future.
With reduced capacity, increasing rates and the coronavirus pandemic, agents and insureds are facing difficult choices in the public entities market.
Local governments and institutions have been among the most involved with the coronavirus pandemic, adding fuel to the fire in an unsettled market.
