Specialty & Surplus Lines
The surplus lines market plays a critical role in the insurance ecosystem by providing coverage for hard-to-place and specialized risks. For WSIA’s 2020 Annual Virtual Marketplace from September 10-17, read up on the unique lines and market trends impacting the specialty and E&S industry.
July 30, 2019
New bill aims to help cannabis businesses obtain insuranceThe bill would establish a 'safe harbor' that would prevent federal criminal prosecution and civil liability for agents, brokers and insurers.
July 26, 2019
Is Amazon liable for defective products sold by third-party vendors?Amazon has asked a court to reexamine a ruling that can have wide-sweeping implications for online retailers and product liability.
April 14, 2019
6 aviation claims trends to watchAnalysis of insurance industry claims found aviation collision and crash claims were the second top cause of global insured losses.
May 31, 2019
Environmental insurance market update 2019It's in the water: This coverage is for more than asbestos, toxic chemicals and oil spills. Insureds may also need it for mold, legionella and lead pipes.
February 11, 2019
Environmental impairment risk continues to riseEmerging risks are changing the types of coverage required to mitigate the financial impact of an environmental incident.
September 09, 2019
How lawyers swerved Yamaha away from $15M products liability suitA WaveRunner personal watercraft sat at the heart of a products liability lawsuit against Yamaha.
September 25, 2019
Surplus lines insurers experienced impressive growth in 2018AM Best's new report maintains a stable outlook for the surplus lines market.
August 05, 2019
Securities fraud claims driving up D&O insurance costsThe increased number of securities fraud lawsuits carry a financial impact beyond the mere cost of litigation.
July 30, 2019
Active shooter: Unique coverage for a unique riskAs the nation grapples with another mass shooting, insurers are responding to the rising demand for active assailant insurance coverage.
June 26, 2019
Allianz: Global shipping losses down but new risks emergeImproved ship design, technology, tighter regulation and improved safety management helped curtail 2018 shipping losses.