Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.
Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.
Social networking Internet sites present their users with a vast array of personal and business opportunities, but these opportunities are accompanied by new risks.
From tattoo studios to musical instrument insurance to cyber liability, three insurance professionals talk about how they transitioned from property-casualty generalists to niche specializationand are succeeding in one of the toughest insurance markets in memory.
The risks being taken by students today make football look blas, says Shirl Hedges, underwriting manager for schools at Philadelphia Insurance Cos. On the activity list these days: survival weekends, rock climbing, bronco bull riding and flying to a field-trip destination in a parents private airplane.
Pricing in the Boys & Girls clubs arena has remained steady over the past several years, with carriers offering enhanced coverage options to attract business, says James M. Henry, underwriting manager for Markel Insurance Co. in Glen Allen, Va. In 2010, Markel made upgrades to its long-standing partnership product with...
“Status-blind harassment” is becoming more of a concern to employers and their employment practices liability insurers, but while the consequences of workplace bullying are clear, appropriate steps to recognize and rein in the problem aren’t always obvious.
PropertyCasualty360.com's Agent & Broker Channel Editor Laura M. Toops is twittering every day about breaking news and timely topics—not to mention keeping readers up to date on agent and broker-related news and analysis being posted on PropertyCasualty360.com.