The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to fully serve those entities that serve our communities in myriad ways, it’s vital to take the time to …
Although workers’ compensation results remain strong — and the line continues to outperform all other commercial insurance lines — worries about continued soft pricing and loss reserve levels for workers’ comp specialists prompted a rating agency warning recently. “As rate …
East The Hilb Group, Kerr-Boswell, Wickford Insurance Agency The Hilb Group LLC has acquired Virginia-based Kerr-Boswell Inc. For more than 60 years, KB has provided employee benefits, property/casualty, life, health and financial services to businesses and individuals throughout the Tri-Cities …
National AmTrust Financial Services has promoted Adam Karkowsky to president of AmTrust, reporting to Chairman and CEO Barry Zyskind. Karkowsky joined the company in March 2011, serving as executive vice president of Strategic Development and Mergers & Acquisitions, and has …
The future cannot come too soon for commercial auto. Despite growing premiums, the commercial auto line hasn’t turned an underwriting profit for the past nine years as both the number and cost of claims exceeded expectations. Tech companies are pitching …
Protecting Small Business “The Mississippi Gulf Coast is a precious natural beauty, and the small businesses that call it home must be protected. Because what’s good for the Gulf Coast – and for small businesses – is good for all …
Wood Products Market Detail: Continental Underwriters (www.contund.com) works with more than 30 carriers that specialize in forest products and is equipped to manage any placement for an agent or a broker. Coverage includes businesses involved in the manufacturing and distribution …
Regardless of agency size, sometimes it is difficult to get access to all the markets that might be needed for the agency’s clients. Most standard markets will have some sort of volume requirement and some might limit the number of …
When properly aligned, sales and service teams can unlock massive revenue potential, improve working relationships and transform the customer experience. Unfortunately, gaps in processes, performance and customer outcomes exist, undermining that alignment and potentially resulting in lost revenue, underinsurance and …
Stacking of insurance policies is a topic that has provoked numerous appeals. In construing any contract, including an insurance policy, certain rules of construction are considered. A court will examine the policy as a whole and try to construe it …
