Now that the Federal Aviation Administration has established guidelines for legal operation of small commercial drones, the insurance industry finally has the foundation it needs to come up with effective, affordable coverage solutions.
For independent agent Matthew Seaman, who has been devoted to the insurance industry since he was 16 years old, the proliferation of drones is one more reason to be passionate about the business.
When two major insurers said goodbye to their aviation insurance books late last year, things seemed to be looking up for pricing in the niche. But bafflingly, other insurers are still clinging tight to aviation business—driving rates so low that somethin
Representations & warranties, pollution liability and tax liability insurance are all becoming increasingly requisite to completing mergers & acquisitions. ERMI now offers a solution that provides each coverage individually or combined in a package.
Novamar, which has specialized in marine and yacht insurance since 1987, now offers an endorsement that covers yachts with U.S. crews navigating Cuban waters.
There are approximately 575,000 underground storage tanks in the U.S. While underground storage reduces fire risks for tank contents, it also increases pollution exposure. Philadelphia Insurance responds with a program for storage tank risks.
To help protect the 11.5 million recreational watercraft vessels currently registered in the U.S., Selective offers expanded coverage.
Considering how common environmental exposures are, no business has a good excuse to avoid purchasing environmental insurance. Keep these sales strategies in mind when your clients need a little convincing.
What would a $500,000 uninsured loss do to one of your small commercial clients? How about a $5-million one? In environmental insurance, those staggering loss costs are often par for the course—and they can hit a business as innocuous as a Hallmark card s
Environmental accidents happen every day across the country, and they can devastate a business. OneBeacon’s environmental premises liability coverage helps businesses manage these unexpected exposures.