Commercial Lines

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The option to take actual cash value instead of replacement cost, with claiming replacement cost within 180 days of the date of loss, is a conscious decision by the insured.

A judge has recommended that the Islamic Republic of Iran pay $221,505,968.40 to insurers that made payments to their insureds for property damage and other claims arising from the 9/11 terrorist attacks.

Here's what brokers and insurers need to know to navigate the volatile landscape of this market.

The strategy makes an end run around House Democrats who say they were shut out of the final crafting of the disaster package.

According to the U.S. Bureau of Labor Statistics, 5,190 people were killed on the job in 2016, the most since 2008.