When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some experts are also eyeing a variety of …
Alarming Statistic “Flood insurance will not keep rising water out of your home or business, but it will help protect the investment you have in them.” — Alabama Emergency Management Director Brian Hastings comments after FEMA reported only 57,000 of …
As an insurance broker, you may have a special connection to your nonprofit clients. After all, these organizations undertake some of the most noble work in our society, serving those in need or advancing research that helps create a better …
If you live in a city or nearby one and see new construction projects popping up at a rapid rate, you’re not alone. Cities throughout the United States are experiencing a boom in construction. Optimism is soaring to record levels …
If residential property owners don’t confirm proper insurance coverage and carefully consider labor laws when hiring contractors, they could be in for some costly litigation, according to two speakers at a July roundtable held at Anderson Kill’s offices in New …
Sometimes emerging risks are hiding in plain sight. As was the case for the man who was seriously injured when he fell through the floor in a museum in Portugal. The exhibit was designed to look like a hole in …
The old saying, “Our agency is constantly recruiting,” used to make firms sound very progressive. That barely cuts the mustard these days. Agencies must adopt a new philosophy: “We’re constantly talking to everyone.” Recruiting is worthless if you don’t talk …
Catastrophic weather events in 2017 helped spur an increase in rating downgrades for the U.S. property/casualty (P/C) industry during the first half of 2018, according to an A.M. Best report. But the report also notes that overall ratings activity in …
The Hilb Group, Southern Maryland Insurance The Hilb Group LLC has acquired Southern Maryland Insurance Inc. The transaction became effective July 1. Located in Bowie, Md., SMI is primarily a property/casualty insurance agency offering coverages to businesses throughout the Mid-Atlantic …
Animal Mortality Market Detail: Wildlife Insurance Underwriters, LLC (www.insurewildlife.com) is a national firm specializing in the placement and underwriting of animal mortality risks. Coverage is placed on a surplus lines basis. Coverage is available for breeders, white tail deer, exotics, …
