As the property insurance market ended 2019 and headed into the first quarter of 2020, it saw a steady firming trend that carried on from February of last year. [...]
Q2 2020 Outlook for Property Insurance
Adapting Workspaces & Practices Post Pandemic
It would be an understatement to say that the worldwide outbreak of COVID-19 has been a severe public health threat. From disrupting the hospitality industry to upending schools across [...]
New Liquor Liability Exposures as Restaurants Deliver Alcohol
Since stay-at-home orders began this past spring, many restaurants switched to delivery and to-go orders only. While some states kept limited capacity seating open indoors, most of the business [...]
Q2 2020: Transportation Market Update
Last year, the transportation market experienced freight rates plummeting for the majority of the year. However, an economic sluggishness hit the market hard toward the end of 2019, bleeding [...]
Commercial Auto Insurers Suffer Biggest Losses in Decade
In a new report from AM Best, the commercial auto insurance sector’s underwriting losses sunk to $4 billion last year, representing the worst loss in 10 years. This major [...]
E&O Claims Expected to Surge Amid COVID-19
As the COVID-19 outbreak has made its way through the United States, affecting everything from jobs to socializing, those in the insurance industry are preparing for a significant increase [...]
Upcoming Trends in the EPLI Market for 2020
Employment practice claims are some of the biggest liabilities that companies are facing today. On an annual basis, more than 200,000 claims are received by the Equal Employment Opportunity [...]
The State of the Medical Malpractice Market
Since the beginning of the last decade, the medical field has seen decreasing premiums, flexible underwriting, and a major increase in capacity. This has all led medical malpractice insurance [...]
Hurricane Preparedness for 2020
Every summer, the coastline of the United States, stretching from Texas to North Carolina, has to endure harsh storms and the subsequent damage comes with hurricane season. And with [...]
The Difference Between Excess and Umbrella Insurance
Businesses across all industries should be operating with adequate liability insurance coverage. This insurance helps these businesses pay for damages, which is money that is paid out to anyone [...]
