The general class is stable, but extra capacity has contributed to a buyers market. In addition, agents and brokers will find some transportation accounts tough to write because of increased losses.
It's a lonely place under the bus all by yourself. This saying sums up the concept of subrogation and our attempts to identify other potentially responsible parties. Subrogation describes both the legal and equitable right of an insurer to pursue a third party that caused an insurance loss to the...
Launched in 2013, Berkley Fire & Marine Underwriters is a specialist underwriting manager offering preferred inland marine and associated commercial property products and services.
How is "completion" defined in a builders risk policy? Can workers' comp be extended to U.S. employees traveling overseas on business? This and more in the latest Q&A.
How is "completion" defined in a builders risk policy? Can workers' comp be extended to U.S. employees traveling overseas on business? This and more in the latest Q&A.
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.
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.