Here, we examine typical policy language and the legal implications associated with the duty to defend an insured. What happens when the complaint includes other allegations obviously excluded by the policy?
For an insurance segment highly coveted by producers and major carriers alike, the high net worth insurance business can often lack one major asset: an abundance of clients. Many wealthy Americans may be unaware that a specialty insurance market geared toward their unique exposures exists, executives say.
As Italian courts consider a plea deal from the captain of the Costa Concordia, and salvage crews engineer the removal of the cruise ship, U.S. Ocean Marine insurers say the operation could cost up to $2 billion.
As Italian courts consider a plea deal from the captain of the Costa Concordia, and salvage crews engineer the removal of the cruise ship, U.S. Ocean Marine insurers say the operation could cost up to $2 billion.
The face of the Kidnap & Ransom insurance market is changing as exposures become more broadly distributed across all business lines, sizes and insureds.
Our success or failure is eventually based on how we take care of our customers through their time of need, says Jim Fiske, U.S. marketing manager for Chubb Personal Insurance. In turn, such undivided attention invokes clients willingness to advocate on our behalf as to how we took care of...
The high-net-worth individual has the means to buy whatever he or she likes and often will, as one insurance expert tells NU. From amphibious vehicles to jet packs, heres a look at some of the top luxury toys for the well-to-do client.
The high-net-worth individual has the means to buy whatever he or she likes and often will, as one insurance expert tells NU. From amphibious vehicles to jet packs, heres a look at some of the top luxury toys for the well-to-do client.
Whether it's saving Faberge eggs from the wrath of a hurricane or covering a sneaker collection, high net worth insurers go to extremes to insure the extreme lifestyles of the wealthy.