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Coverage written on a claims-made basis require key employees to report any incidences that qualify as or may lead to a claim.

“Organizations are increasingly willing to capture the data and hold leaders accountable for making real change,” says Beth Riczko, president, property-casualty personal lines, Nationwide. “Data—and the discussion and action it engenders—is the light that

Do property-casualty insurers really buy insurance from other insurers? Yes, they do—$700 million of it. Could one be your next client?

In a world where the top five global risks identified by the 2020 World Economic Forum are environment-related, increased exposures and liabilities are setting the market up for a complete evolution.

The Department of Housing and Urban Development proposal to accept private flood insurance for Federal Housing Administration insured loans continues to raise concerns, particularly around the wording of the rule.

The rapid changes that businesses were forced to undergo over the past year have opened up some opportunities for smaller businesses. But with these new opportiunities comes new risks.

The carrier says that a totaled food truck, which is two years old and has driven 22,000 miles, has depreciated over 30%. It bases the price on a “market survey.” Can the insured dispute the appraisal based on actual physical depreciation?

Compensation, work-life balance and benefits are the most frequently cited reasons for leaving the insurance industry, according to a study by Vertafore.

Today’s agency owners have many options when considering potential perpetuation partners beyond just the highest possible valuation.

COVID-19 hit the special events market hard, yet there is a sense of optimism for when things return to normal. Here are three tips for agents to help clients get ready for when the lights come back on.