More small businesses may be purchasing cyber insurance today as compared to a few years ago, but agents still have work to do to help clients understand their unique risks and ensure they have the right coverage. That’s what panelists …
Life has changed for everyone since the lockdown of US citizens and businesses a few weeks ago by our local and federal governments. No one can really believe that in such a short time, beginning mid-March, that our lives could …
As cyber crime continues to evolve, ransomware attacks in particular have ramped up and are leading more companies to recognize their need for the right business interruption coverage, explained panelists at the Professional Liability Underwriting Society (PLUS) Cyber Symposium, held …
Delivery Aid “Insurers must cover delivery services for restaurants on personal auto insurance policies and must offer coverage for hired drivers and non-owned automobiles as a rider on a restaurant’s general liability insurance if it is requested – both at …
Fueled by continued, albeit moderate, economic growth in a historically low interest rate environment and an increase in the number of well-capitalized acquirors, deal-making in the insurance distribution sector hit yet another all-time high in calendar year 2019. This marks …
While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is in a strong position to respond to the impacts of COVID-19. Lloyd’s return to profit was the first since 2016 …
Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first upswing in claims activity in several years, Ames & Gough said in a report. The brokerage, based in McLean, Va., …
East Hub International Limited, Triester, Rossman & Associates Hub International Limited, a global insurance brokerage, has acquired Triester, Rossman & Associates Inc. Located in King of Prussia, Penn., TRA Insurance Solutions is an independent insurance firm providing clients with commercial …
North American property/casualty insurers reported improved 2019 operating performance, but near-term performance will likely be more challenging with the onset of coronavirus and the resulting economic impact, according to a report from Fitch Ratings. Fitch’s rating outlook for the U.S. …
Online video conferencing has proven itself a useful technology tool in the midst of a worldwide quarantine thanks to COVID-19 but such rapid expansion in recent weeks is causing one of the largest firms a bit of privacy troubles. Zoom …
