Commercial Lines

Umbrella policies have become more necessary as litigation costs and liability risks continue to rise.

The investigation shows the growing role of collaboration between insurers, investigators, regulators and law enforcement.

Red Roof Inn sought coverage under its commercial general liability policies issued by Liberty Mutual.

U.S. property and casualty premiums exceeded $1 trillion in 2024 for the first time.

Cleanup costs and regulatory fines are often excluded from truckers insurance and commercial liability policies, making environmental insurance a must.

Reports suggest Tehran hopes this initiative will eventually generate more than $10 billion in insurance-related income.