Commercial Lines

More than 20% of third-party vendors simply don't respond when asked to verify commercial insurance coverage.

A report from the Hanover examines how independent agents handle specialty lines of insurance.

Most insurance policies have a two year suit limitation period, meaning COVID suits are about to expire if they aren't soon filed.

The impacts of COVID-19 continue to affect businesses, and claims professionals may need to change how they calculate losses as a result.

More than 40% of home-based businesses don't have commercial insurance or don't know what they are covered for.

The average D&O lawsuit costs over $120,000, Coalition, Inc. reports.

Legal costs make up 40% of losses in commercial auto, according to CLARA Analytics.

Interest is growing in these programs as companies look to manage risk and hard market conditions persist.