All parties involved in a BI loss claim, adjusters especially, must have a basic understanding of financial accounting concepts to ensure the policyholder is properly indemnified for his or her loss.

JM/Burnham partners with Hartford, Neace Lukens acquires Sellersburg, Kessler opens office

Insurance brokers Arthur J. Gallagher and Hub International Ltd. recently announced a total of four acquisitions in the Midwest and Western United States.

Rates on commercial all-risk property policies saw across-the-board increases in January, climbing by close to 6 percent in some cases, says insurance broker Marsh.