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Wright Specialty Launches New Education Coverage

The Wright Specialty Education Insurance Program, offered in conjunction with Munich Re, delivers a broad range of property-casualty coverages for schools, colleges and universities.

2021 Property Market Outlook: Rates Continue to Increase

Commercial insurance buyers will feel the effects of the firming property market this year, according to the 2021 U.S. Property Market Outlook by Risk Placement Services. Rate increases up to 15% or higher are expected in the first half of the year.

Neptune Flood Expands Coverage to Include All NFIP Classes

Neptune Commercial Flood Insurance expands its flood insurance products to include all NFIP product types. Products include residential condominium building associations, apartment buildings, co-ops, hotels, motels and inns.

Home-Based Business: Coverage for a Separate Structure Used for Work

An insured works in a former guesthouse—that has a garage for personal storage—adjacent to their home. Is the structure covered under their homeowners policy? If the agency doesn’t disclose business use, would the carrier potentially decline the claim?

1 in 3 US Homes Exposed to High Natural Hazard Risk

Data shows 35 million U.S. homes are exposed to high natural hazard risk levels, according to CoreLogic’s 2020 Catastrophe Report. And while the report looks at severity and frequency of damage caused by seven natural perils, it points to rising flood wat

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