Keep pace with today’s business world and the pivotal issues impact your commercial lines insurance clients with news and information about industry trends, best practices, emerging risks, and recovering from major losses.
Nearly 150 people died 100 years ago during a fire at a garment factory in New York City. From their deaths was born workers’ compensation insurance and safety reforms still used by property insurers today.
No matter where one stands on the issue of global warming, there are practical reasons for producers to embrace the environmental revolution—not least of which is the chance to grow their books.
In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.
Power companies and their insurers face an emerging threat, according to William F. Stewart, a coverage attorney. A climate nuisance liability case to be heard by the Supreme Court in April may be the environmental case of the decade, he says in an article that details the implications of Conn....
As demonstrated by the case of Lilly Ledbetter, which spawned the Fair Pay Restoration Act of 2009, what appears a non-issue today might not be tomorrow, which makes the purchase of employment practices insurance vital for small and midsize businesses, according to Burns & Wilcox Manager Dick Weaver.
As demonstrated by the case of Lilly Ledbetter, which spawned the Fair Pay Restoration Act of 2009, what appears a non-issue today might not be tomorrow, which makes the purchase of employment practices insurance vital for small and midsize businesses, according to Burns & Wilcox Manager Dick Weaver.
Many agents are not fully aware of the enormous influence the experience modification plays and, more importantly, how to help a client manage it to the lowest permissible point. Here’s a checklist that can help agents better serve their clients.
While debate rages over the future direction of the overall property and casualty insurance market, one recent broker survey of a niche market—architects and engineers professional liability—indicates rates could see upward momentum this year.
Construction-insurance pros see some signs for market improvements in 2012 and 2013, as the economy recovers and projects continue in key industries, such as health care and education. A second round of stimulus funding would also help.