The Hanover Releases State of Specialty Insurance Report
The report studied how agencies approach specialty lines, such as the key factors they consider in the placement decision-making process.
The report studied how agencies approach specialty lines, such as the key factors they consider in the placement decision-making process.
Coalition announced two new insurance products to help protect the leaders of small and midsize businesses.
The Hanover plans to integrate its workers compensation, business owners policies and general liability products into Vertafore’s Commercial Submissions solution.
Commercial rates saw an increase of 6.8% at third quarter of 2021, while personal lines saw average increases of 6.6%.
Nearly 1 in 3 small business insurance clients said they had to exert a great deal of effort to interact with their agent, up from 1 in 10 a year ago.
With high exposure to key risks, middle market companies are missing out on mitigation advice from insurance experts, says Chubb survey.
While the trend remains that most courts find claims are not covered, each claim still needs careful consideration based on the specific policy language and factual circumstances.
If an insured’s property is damaged by post-election riot, civil unrest, insurrection or war, is there coverage? Simply put, yes. Here’s why.
In response to COVID-19, Liberty Mutual announced updated guidelines for their 2020 commercial lines profit-sharing agreement and will waive the 10% written premium growth requirement to earn a profit-sharing bonus.
The second quarter of 2020 saw rate increases in the composite property-casualty sector as well as most other sectors. Meanwhile, personal lines rate increases remained steady at 3.5%.