The latest monthly MarketScout report shows that commercial property and casualty insurance rates increased at a slower rate, rising 4 percent in October, but Sandy could have a dramatic impact on rates in the future, the CEO of the Dallas-based electronic-insurance exchange says.
New York, New Jersey and Connecticut officials have all made clear that Sandy, at the time of landfall, was a post-tropical cyclone, and therefore insurers will not be permitted to apply hurricane deductibles.
New York, New Jersey and Connecticut officials have all made clear that Sandy, at the time of landfall, was a post-tropical cyclone, and therefore insurers will not be permitted to apply hurricane deductibles.
Like many in our neighborhood of Midland Beach on Staten Island, N.Y., we hunkered down for what we thought would be a long night as we awaited Hurricane Sandy. When I saw a stream of water rushing up the street, I quickly realized this was going to be worse than...
It would appear reports of the demise of the independent agent have been greatly exaggerated: A new survey shows the independent-agency system is growing again and is financially healthier than it has been in the past several years.