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Political Risk a Growing Concern, Say Brokers, Insurers

Evan Freely has been insuring global risks for years — through the 2008 market meltdown, the 2002 crisis in Argentina, and the 1993 downturn in Venezuela. Yet turmoil now seems to be coming at a more rapid pace than he’s seen before. “I’m more concerned today about political risk than
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The Ins and Outs of Errors and Omissions Insurance

Almost all agents have clients with errors and omissions (E&O) exposure and the most difficult job the agent may have is convincing the client that they have the exposure. After 20 years of selling E&O/EPL/D&O exclusively, I have found some simple answers to the clients’ q
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Industry Leaders Expect Commercial Lines To Grow At Greater Pace Than Personal Lines; Cyber To Lead The Way, I.I.I. Survey Finds

  Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber a potentially huge untapped market, according to an Industry Leader Trends survey, conducted by the Insurance Information Institut
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5 Insurance-Buying Mistakes to Avoid

  Buying insurance can be confusing, but when the unexpected happens – a house fire, a fender bender or a broken bone – it’s a relief to know that some of those financial losses will be covered. But how do you know how much coverage you need? And what questions should you a
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Understanding Commercial Package Policies

BUSINESS INSURANCE BASICS   For small businesses without specialized risks, a Business Owners Policy—or BOP—may offer the basic property and liability coverage that you need. But if your company is growing in size and complexity—or you face specialized risks due to the nature of your
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