article thumbnail

Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh

Insurance Journal

Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market …

article thumbnail

What is Plumbers Liability Insurance?

Central Insurance

Plumbing comes with a unique set of risks and liabilities. Explore why you need Plumber's Liability insurance and risk management strategies to protect your business and reputation. The post What is Plumbers Liability Insurance? appeared first on Central Insurance Blog.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Public D&O Price Decreased 5.2% in Second Quarter, Says Aon

Insurance Journal

The average price for directors & officers liability insurance decreased 5.2% per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. Aon said the decrease compared to the same quarter in 2023 was the ninth …

article thumbnail

Another Bus in Mississippi Blows a Tire and Crashes, Killing 7 and Injuring 37

Insurance Journal

AP) — Seven people were killed and dozens were injured in Mississippi after a commercial bus overturned on Interstate 20 on Saturday morning, according to the Mississippi Highway Patrol. BOVINA, Miss. (AP) Six passengers were pronounced dead at the scene and …

article thumbnail

Public D&O Price Decreased 5.2% in Second Quarter, Says Aon

Insurance Journal

The average price for directors & officers liability insurance decreased 5.2% per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. Aon said the decrease compared to the same quarter in 2023 was the ninth …

article thumbnail

What is LRO Insurance?

Central Insurance

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

article thumbnail

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