Public Sector Risk

An informal poll of Manufacturing insurance pros reveals the top risk concerns of insureds, and just how intertwined the exposures in this market can be.

While Workers Comp, Product Recall and Supply Chain Management remain the greatest coverage concerns for manufacturers, Cyber Liability is also becoming a top-of-mind issue, producers say.

Grounding no longer sounds so bad: Driven by financial incentives, new captives are choosing to stay closer to home.

Kidnap, Ransom and Extortion insurance coverage is much more than the name implies. The coverage has become broadone shaped by competition and a growing need as we become a more globalized, high-tech society within many areas of political or economic strife.

The Inland Marine market has long been alluring to carriers given its high profit potential, even when other insurance sectors are suffering.

A hardening market is a tough thing to pass up, so in February, Maritime Program Group of Manchester, N.H., launched an exclusive Motor Truck Cargo program with North American Specialty Insurance Co., a subsidiary of SwissRe, as an expansion of its nationwide business, says David C. Morrill, Inland Marine program...

Valuable Articles coverage, including Personal Article Floaters and Jewelry Insurance, has remained a stable sector of the Inland Marine market during the economic recession.

As the economy begins to turn, competition in Transportation and Construction coverage are heating up the Inland Marine Specialty Insurance segment.