Ways to manage property & casualty insurance losses through risk management best practices. Find tips insurance agents & brokers can share with homeowners, auto & business owners.
Construction companies have been weakened by the recession, the economy is still in recovery and profits are harder to come by, making it more important than ever for risk managers to get the best builders’ risk coverage available. The challenge is finding the best price possible.
Workers’ compensation, like no other insurance coverage, provides agents with the unique opportunity to monetize their value. Here’s how it can work.
A violent storm system powering through a wide swath of the Midwest and South on Wednesday spawned tornadoes and powerful winds that turned homes into splintered wreckage and cars into crumpled shells.
A violent storm system powering through a wide swath of the Midwest and South on Wednesday spawned tornadoes and powerful winds that turned homes into splintered wreckage and cars into crumpled shells.
Since differences in catastrophe-model estimates essentially result from differences in frequency and severity assumptions, modeling pioneer Karen Clark proposes that rating agencies use “benchmark” 100-year catastrophes to gauge cat risks for rated companies, rather than PMLs that can vary widely depending on the modeler and the version of the model...
Inland Marine carriers are dealing with a soft market, increased competition in this historically profitable niche, and new federal regulations that complicate the assessment of risk.