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GENESEE BLOG:
KEEPING YOU INFORMED.

Q2 2020 Outlook for Property Insurance

Posted on October 9, 2020 by Amy Salter

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. [...]

Property

Adapting Workspaces & Practices Post Pandemic

Posted on September 16, 2020 by Amy Salter

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 [...]

EPLI

New Liquor Liability Exposures as Restaurants Deliver Alcohol

Posted on September 1, 2020 by Amy Salter

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 [...]

Liquor Liability

Q2 2020: Transportation Market Update

Posted on August 18, 2020 by Amy Salter

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 [...]

Transportation

Commercial Auto Insurers Suffer Biggest Losses in Decade

Posted on August 6, 2020 by Amy Salter

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 [...]

Commercial Auto   2020 insurance market report, AM Best, Commercial auto insurance, commercial auto insurance market, commercial insurance market, insurance market, insurance market report, market report

E&O Claims Expected to Surge Amid COVID-19

Posted on July 24, 2020 by Amy Salter

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 [...]

E&O   2020 e&o insurance market, 2020 Insurance Market, COVID-19, E&O, E&O COVID-19 claims, e&o insurance market, e&O market, errors and omissions, insurance agent E&O

Upcoming Trends in the EPLI Market for 2020

Posted on July 1, 2020 by Amy Salter

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 [...]

EPLI   COVID-19 and EPLI, discrimination cases, Employment practices, Employment practices liability, EPLI, EPLI in 2020, EPLI Trends, sexual harassment cases

The State of the Medical Malpractice Market

Posted on June 15, 2020 by Amy Salter

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 [...]

Malpractice Insurance   Malpractice Insurance, Malpractice Market, Medical Malpractice Market, Professional Liability

Hurricane Preparedness for 2020

Posted on June 1, 2020 by Amy Salter

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 [...]

Property & Casualty   Hurricane, Hurricane Prep, Hurricane Season 2020, Property Casualty

The Difference Between Excess and Umbrella Insurance

Posted on May 15, 2020 by Amy Salter

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 [...]

Umbrella   Excess Insurance, Excess vs. Umbrella Coverage, General Liability Insurance, Insurance Programs, Umbrella
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