Time to feel good about how your industry benefits society, courtesy of a new White Paper by the Insurance Information Institute that examines the correlation between the economic environment and the insurance industry.
Recent Commercial Lines News
The new CannaBOP Program is designed for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related businesses operating in the state of California.
Approximately 2,000 existing agents who have been operating under the Nationwide brand may transition to an independent agency model or could stay captive under another carrier.
With countless allegations dominating the news in recent months, a new white paper from Lockton explains how the scope and breadth of coverage for businesses varies by policy and specific details.
Move expected to accelerate AXA’s planned spinoff of AXA Equitable as AXA transitions toward P&C risks and away from financial risks.
Recent jury verdict stemming from a 2010 fire incident proves a cautionary tale about the necessity of advising clients to secure adequate coverage.
First-ever J.D. Power U.S. Independent Insurance Agent Satisfaction Study takes pulse of largest P&C distribution channel, and finds overall agent satisfaction with insurers is just 696 (on a 1,000-point scale) for personal lines and 686 for commercial lines.
While Vermont is only state to earn an A+ grade, significant new restrictions imposed on underwriting freedom relegated Delaware to the bottom of R Street Institute’s 2017 Insurance Regulation Report Card.
Santa Claus is being urged (in a tongue-in-cheek manner) to review his insurance coverage prior to embarking on his incredible around-the-world journey on Christmas Eve.
More favorable pricing, economic trends suggest improved growth ahead according to new report; profitability hits median high of 22.7% in third quarter.
Highlighting the need of small businesses to obtain cyber insurance coverage (3 in 4 have none), a newly released Nationwide survey finds 1 in 3 victimized small businesses spent at least $50,000 to recover, yet rebuilding reputation and customer trust can take more than a year.