The personal umbrella insurance market is undergoing a dramatic transformation marked by heightened volatility, tightening underwriting standards, and a surge in consumer demand. Traditionally viewed as a stable and relatively […]
The Importance of Updating Key Documents at Renewal for Transportation Insurance
When the time comes to renew your transportation policies, the process can go much more smoothly, with fewer surprises and delays, if critical documents are reviewed and updated ahead of […]
Understanding Excess Insurance: Commercial Binding Markets
Excess insurance plays a crucial role in safeguarding businesses and individuals by offering additional coverage beyond the limits of a primary policy. Many industries and businesses rely on excess insurance […]
Do Marketplace Shifts Have You Scrambling for Excess Placement?
The insurance industry is going through some big shifts, especially when it comes to excess and umbrella coverage. Many carriers are pulling back on the limits they’re offering, which means […]
Optimizing Submissions for Success: Items Needed to Quote with Your Broker
As an independent agent working with a wholesale broker, being prepared with the right information makes all the difference! A complete submission speeds up the quoting process and helps secure […]
Carriers Now Requiring Cost Estimator for Commercial Buildings
In recent months, our carriers have implemented a new requirement for buildings valued at $1M or more. These carriers are now mandating that a cost estimator be included with every […]
Understanding Property Insurance Concepts: PML, Loss Limits & Policy Structures
When it comes to commercial property insurance, understanding certain insurance terms and structures can help businesses make better-informed decisions regarding their coverage. These include but are not limited to probable […]
Commercial Binding Market Conditions: A Guide for Our Agency Partners
As you are well aware, the insurance market remains highly unstable. Standard markets and carriers are frequently entering and exiting various lines and classes of business. Additionally, we are witnessing […]
Excess Motor Truck Cargo
Over the last several years, the cost of goods across almost all industry sectors has continued to rise. Consequently, most trucking companies are now required to obtain higher motor truck […]
Minimum Earned vs. Minimum & Deposit
The terms “Minimum Earned” premium vs. “Minimum & Deposit” can be very confusing. These are two widely different terms that are very easily confused. It’s not uncommon for people to […]