Ironshore Environmental Enhances SPILLS Program
Ironshore Environmental’s new product provides an additional option for insureds to broaden their protection for pollution exposure associated with their products and helps fill policy coverage gaps.
Specialty
5 Cyber Liability Mitigation Tactics for Public Entities
With an increasing number of cyber attacks taking their toll on public entities, it’s clear that every city in America is vulnerable and should prepare accordingly. Protect your public entity clients with these mitigation tactics.
Stealing Bases: Insuring a Baseball Field Against Vandalism
An insured owns several baseball fields used for youth games and tournaments. They have issues with vandals damaging the outfield, pitchers’ mounds and bases with their cars. Is there any way to insure the fields?
Beazley Expands Environmental Liability Policy
Beazley recently made significant enhancements to its market-leading environmental liability insurance policy ECLIPSE to offer robust and creative risk transfer solutions for businesses, landowners and real estate investors.
Aviation Market: ‘Underwriters Have Lost Their Sense of Humor’
A few years ago, it was nothing special for a single-pilot commercial aircraft to find an insurer willing to offer $50-100 million in liability limits. Today, it’s hard for the same pilot to find $25-million limits.
For Better, For Worse: 5 Ways to Comprehensively Insure Weddings
The average wedding costs upwards of $20,000. Here are five ways to make sure your soon-to-be-married clients receive comprehensive coverage for their big day.
Travelers Hitches Jewelry Coverage to Wedding Protector Plan®
Typical homeowners insurance policies often include jewelry limits up to about $1,500, but wedding bands are usually worth much more than that. To bridge the gap, Travelers has expanded its Wedding Protector Plan® to include coverage for fine jewelry.
From Rock Bottom to Sky High: Aviation Rates Finally Turn Around
After a particularly devastating set of blows for an insurance market that hasn’t turned a profit in over a decade, your average aviation insured should brace for a 10-30% rate increase this year.
From the Front Lines: Aviation
Independent agent Thomas Coughlin cautions that trends like increasing air commerce and drone usage could pose challenges for the aviation insurance market in the years ahead.
How Will Marine Underwriters Respond to Losses?
Between large-scale vessel losses, back-to-back years of heavy catastrophes and an overabundance of capacity, the commercial marine insurance market has had a tough couple of years.
