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The transportation industry is struggling with rising costs despite its initial rebound from pandemic closures, RPS reports.
The early days of COVID-19 imposed a sudden halt on aviation, an industry that was impacted faster and harder than most sectors.
Association member firms provided 2020 premium data that comprised 65% of the U.S. surplus lines business.
'Continuing education in this space is very important,' says RSUI Group Senior Vice President Erin Dolan.
The organization's Emerging Issues & Innovation Committee is working to determine future trend reports and webinar topics.
The expense and risks involved with complex litigations moved the aerospace giant to agree to the $237.5 million settlement.
APCIA offers tips to help policyholders manage through these extreme weather conditions.
Despite nearly half of drivers thinking they pay too much for coverage, a survey found that most fail to shop around for better rates.
Around two-fifths of consumers reported being unaware that travel insurance is mandatory in certain countries.
The news comes as nearly 40% of Americans are planning or have already booked an international trip.
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