Market Insights

A specific type of automotive engine damage occurs when water enters the engine and is compressed in one or more cylinders.

In recent months, no subject in subrogation has been as discussed and debated as much as the intersection of the insured's underinsured claim and the insurer's subrogation claim.

If enacted, licensing regulations for restoration professionals will likely have widespread implications. At a minimum, they will raise the cost of doing business, with a ripple effect on adjusters and insurance carriers.

Insurers that want to establish effective anti-fraud programs or enhance the effectiveness of existing programs must take a comprehensive approach to dealing with this pervasive problem.

Insurers can look at the tough economy as an opportunity to lower their property-casualty insurance premiums for their golf insureds, or they may increase their coverage to stay active in the industry.

Like other niche markets, the public entity marketplace is not immune to the challenges facing the insurance industry today. Although our industry is hopeful that conditions gradually improve, the hard fact remains that it's still a soft market.