The public entities insurance market has experienced significant upheaval as carriers exited the sector, due to an increase in risks, or reduced capacity, requiring a higher level of self-insurance.
The excitement around live events has never been higher, but so are the concerns of organizers, operators and vendors.
The Ukraine war will impact the market for years to come, with insurers expecting aircraft insurance premiums and aviation insurance costs to increase.
Rates had begun to plateau after four years of consistent rises, but recurring losses due to hail and wind damage to stationary aircrafts in 2020 continue to stifle rate relief.
Despite the marine cargo industry continuing its low total loss trend—down 57% over the past decade, according to Allianz Global Corporate & Specialty SE’s (AGCS) “Safety & Shipping Review 2022″—emerging exposures threaten to rock the boat.
A comprehensive environmental insurance strategy is one of the best options for protecting against the catastrophic environmental- and pollution-related problems that can occur on any site development.
New to personal marine insurance? Here are three key considerations for agents when looking to write a personal marine insurance policy.
As the legal landscape evolves, so too does the establishment of cannabis-related businesses that require insurance coverage.
The rapidly evolving landscape of cannabis legalization and the increasing use among workers has many implications for agents who have never worked on providing such coverage.
“I consider myself an expert in regard to cannabis business operations and understanding all the business tiers—growing, laboratories and dispensaries,” says independent agent Tyler Cline. “Pairing that with my years of experience in the insurance industr