E&S/Specialty

A measure to modernize and reform regulation of the nonadmitted market, otherwise known as surplus lines, was reintroduced yesterday in the House.

Wholesale brokers are in a prime position to grab new business when a revived economy begins producing start-up companies that standard line carriers won't insure, a trade group leader advised here.

A 10-year regulation in Florida, requiring businesses with underground tanks storing hazardous materials to replace them by the end of this year, is the driver behind a new storage tank system and an innovative new insurance policy for those tanks.

To best protect a client's personal property, agents need to be fully aware of the types of coverage offered by a personal articles floater, as well as help clients choose the appropriate limit and tailor the insurance.

Despite recent outcries from federal lawmakers and plaintiffs lawyers, concerns that Chinese drywall could become the next asbestos are unfounded, experts say.

The inland marine pie may be shrinking as two major target industries--trucking and construction--struggle in the current economic crisis.