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Markets/Coverages: Sompo Launches Marine Insurance Proposition for UK Market

Insurance Journal

Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom. Sompo’s Marine Cargo UK policy and its Transport & Logistics propositions are both designed …

Marine 264
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Penn National Can’t Avoid Asbestos Coverage Payout, SC Supreme Court Says

Insurance Journal

Pennsylvania National Mutual Casualty Insurance Co. cannot escape the long tail of asbestos, and must cover part of the litigation losses for an asbestos installation company that went out of business more than 30 years ago, the South Carolina Supreme …

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Does a sagging floor constitute a “collapse”? Court finds ambiguity in “collapse.”

The Property Insurance Law Observer

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches. Hartford Casualty Insurance Co. ,

Building 130
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How to pick an insurance agent: 6 questions to ask.

Frankenmuth Insurance

Some agents deal only in personal insurance and others only in commercial coverage. Some offer property and casualty insurance, but not life insurance. Having an easy rapport with your insurance agent can make claims and policy questions a lot less stressful. What coverage do you offer?

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Bankers Insurance Helps American Red Cross with Disaster Recovery and Home Fire Prevention Services

Bankers Insurance

At Westfield, it’s about more than writing insurance policies, it’s about going above and beyond to help communities thrive and prosper. Offering support that reflects these values is at the core of the Westfield Insurance Foundation. Today, more than 175 years later, as a leading U.S.-based

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Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

Triple-I: Workers Compensation

This is particularly important as attorney involvement in commercial auto claims – notably in the trucking industry – drives expensive litigation and settlement delays that inflate companies’ expenses. Group captives can provide a viable way to protect companies across several lines of casualty insurance. million to almost $22.3

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How to Not Suck at Being an Insurance Agent

Redbird Agents

I spoken with thousands of insurance agents, many of whom are venturing out on their own for the first time. They’ve been misled by friends claiming that selling insurance policies as an independent insurance agent is straightforward and profitable. How to sell life insurance from home?