business owners policy (BOP) News

Liberty Mutual to Stop Offering Business Owner’s Policy In California As Costs Bite

Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ profits. A spokesperson for Liberty …

SASSI Introduces Business Owner Policies for Salons & Spas

The Salon and Spa Specialty Insurance Agency, or SASSI, launched a business owners policy (BOP) for smaller salons and spas. The BOP is intended for boutique salons and spas with focused service offerings that may not need all coverage available …

Reassuring Customers Part of Job for Minnesota Agent in Aftermath of Riots

Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25. Gutlovics, sales …

New Embroker Business Owners Policy (BOP) Targets SMEs

Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients. Embroker is a technology platform that digitizes all aspects of the insurance process and provides customers with …