Has the reality of green insurance lived up to the hype—especially for producers? To find out, American Agent & Broker asked a selected group of its readers to tell us what they are experiencing with green insurance.
Catastrophe risk modeling firm EQECAT says insured losses for the Joplin, Mo. tornado—the deadliest twister in more than 60 years—could be between $1 billion and $3 billion.
In today’s lending environment, nearly all small and midsize business owners sign a personal guarantee to secure bank financing. This uncomfortable reality—putting a house and other personal assets at risk—can now be mitigated with a new insurance product: personal guarantee insurance.
My friends at the Insurance Public Relations Council invited me to speak at their spring conference last week, held at the iconic MetLife building on Park Avenue in New York.
When Southwest Airlines closed its $1 billion-plus deal to buy AirTran two weeks ago, it did so knowing that language of a tail-coverage endorsement it bought for AirTrans directors and officers would synch up with a worrisome provision of the merger indemnification agreement.
The “next frontier,” in P&C technology, according to Jeff Yates, CEO of ACT (Agents Council for Technology), is real-time processing for commercial lines—a development that will have “huge payback” for independent agents and brokers.
Captives in Vermont will enjoy greater protection of their assets now that a bill has been passed by the state legislature that will allow for the separation of risk within a captive cell.
The Innovation Group, a provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive, and property industries, announces a strategic partnership with Estimator Technologies' Instant Estimator to enhance Innovation Group's BPO service, Innovation Auto.
The National Insurance Crime Bureau's latest report shows a 23-percent increase in all questionable claims since 2009, with medical posing a major concern.