The average commercial premium for a solar-energy policy is $5,000 to $15,000 a year, says William Dyer, commercial-lines coverage specialist and vice president and co-founder of HCP National Insurance Services Inc. in Aliso Viejo, Calif. Liability limits can reach up to $20 million for inland marine policies and up to...
The average commercial premium for a solar-energy policy is $5,000 to $15,000 a year, says William Dyer, commercial-lines coverage specialist and vice president and co-founder of HCP National Insurance Services Inc. in Aliso Viejo, Calif. Liability limits can reach up to $20 million for inland marine policies and up to...
The practice of drilling for natural gas, known as fracturing or fracking, has come under the insurance industrys microscope, says Matt Pateidl, vice president of environmental risk for Lockton Inc. in New York. The brokerage has several clients involved in fracking: from those who manufacture the pipelines to those who...
The practice of drilling for natural gas, known as fracturing or fracking, has come under the insurance industrys microscope, says Matt Pateidl, vice president of environmental risk for Lockton Inc. in New York. The brokerage has several clients involved in fracking: from those who manufacture the pipelines to those who...
Market conditions for insurance in the nonprofit sector have shown sure signs of a hardening over the past six months, with prices stabilizing overall and slowly inching upward for some classes of risk.
Market conditions for insurance in the nonprofit sector have shown sure signs of a hardening over the past six months, with prices stabilizing overall and slowly inching upward for some classes of risk.
As both the price for and controversy around fossil fuels continue to grow, renewable-energy risks are becoming an increasingly standard part of many insurers portfolioswith wind and solar leading the green-power pack, far ahead of biomass production and hydroelectricity.
Growing exposures in the area of cyber liability are creating new pockets of specialized insurance needs within the lawyers professional liability (LPL) market.
An insured can experience a catastrophic loss due to mechanical failure if, at time of loss, the proper coverage, including loss of income, is not in place, Carmen Suarez, underwriting manager for Preferred Property Program, a subsidiary of JGS Insurance.