An insured can experience a catastrophic loss due to mechanical failure if, at time of loss, the proper coverage, including loss of income, is not in place, Carmen Suarez, underwriting manager for Preferred Property Program, a subsidiary of JGS Insurance.

With so much legislative and regulatory activity each year, property and casualty insurers can always count on plenty of tracking and implementation issues. Some of the perennial topics that are addressed and find their way to enactment or adoption are those impacting claims and trade practicesand 2011 has been no...

With so much legislative and regulatory activity each year, property and casualty insurers can always count on plenty of tracking and implementation issues. Some of the perennial topics that are addressed and find their way to enactment or adoption are those impacting claims and trade practicesand 2011 has been no...

Thieves target "big ticket" equipment in Texas and other "Sun Belt" states, creating heavy problems for insurers and owners.