A pool contractor is insured on a commercial general liability occurrence form and is selling the business. If they cancel the CGL and a claim arises in 2021 but the pool was built in 2020, would the 2020 policy respond?
The independent agency channel is at an inflection point, and future-minded agencies will choose to evolve. Here are four key pillars agencies should look to when creating a transformation action plan.
Growth rates for surplus lines insurers have averaged 8.8% over the past five years. In contrast, the total property-casualty market grew at a rate of 4.7%. And surplus lines growth appears to be accelerating.
Access to the right marketing can be the difference between reaching your target audience and missing the mark altogether. Here are three key elements to developing a marketing plan.
An insured lost income due to an ice storm. Their commercial property policy has an enhancement for business income and extra expense. The claim was denied as coverage isn’t “included in the policy.”
The beginning of the new year has brought many new regulations for employers to follow. Affinity HR Group, a Big “I” Hires partner, is tracking legislative updates in each state. Here are some changes.
Serving the personal and commercial insurance needs of clients throughout the pandemic requires rethinking operations, adjusting communications and, above all, remaining flexible.
The trucking industry is leading the charge in quelling consumers appetites for critical goods during the coronavirus pandemic. As more people work from home and consumer demand continues, could the industry be poised for success in 2021?
“Historically, trucking was a high initial investment and a sophisticated industry to enter,” says independent agent Kelley Culley. “But in the past few years, many of those barriers to entry have dissolved.”
Cybercriminals are becoming bolder in their ransom demands and are using more sophisticated tactics in accessing data systems. As a result, agents brokers and their clients may face a more challenging market for cyber insurance.
