Insights for the Insurance Professional
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“Solar is a growing segment for Inland Marine insurers. We see more of that out in the marketplace now than we ever have.”
“These [lines] tend to trend along with the economy and are positive indicators for the overall industry.”
After collision, the next-costliest Motor Truck Cargo claims are cargo theft and then fire. Frequent accident claims involve bad-weather collisions with other trucks, cars and guardrails--and rollovers are common.
An excess of capacity, new competition among carriers and increased measures against cargo theft characterize the landscape of the Inland Marine segment, the vast and varied coverage area that encompasses any type of shipment that does not travel over an ocean, including fine art and jewelry.
Now that the recent hurricanes and wildfires have subsided, here are seven things you can do to make sure your business is ready for the next disaster.
More companies are buying cyber coverage than ever, but the market is slowing, according to the latest survey from Zurich and Advisen.