Americans’ spending hits a fever pitch during the holidays and two days in particular – “Black Friday” and “Cyber Monday” – leave retailers and consumers vulnerable to different exposures. The day after Thanksgiving — also known as Black Friday — …
Chartis has introduced CrimeGuard Choice, a fidelity and crime insurance solution developed by its Executive Liability Division. CrimeGuard Choice responds to the wide-ranging losses a company can suffer due to dishonest acts committed by employees, independent contractors, consultants and others. …
Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones in an agency who should be …
Rockwood Reduces Premiums for Its Life Agent E&O Product Rockwood Programs, Inc. has implemented premium reductions of about 20 percent for its life agent’s errors and omissions (E&O). More significant savings will be available to life agents generating less than …
MetLife Auto & Home has announced it will be supplementing its product line in Texas by introducing GrandProtect, a personal lines “package” policy. The product will be available to Texas residents as of November 15. GrandProtect, a proprietary product for …
Complaints about Internet crimes have reached a milestone. On Nov. 9, the Internet Crime Complaint Center (IC3) logged its 2 millionth consumer complaint alleging online criminal activity. The IC3, a partnership between the FBI and the National White Collar Crime …
In its presentation at the 17th General Insurance Seminar at the Gold Coast in Australia, Aon Benfield highlighted the critical role of actuaries in managing emerging risks for the re/insurance industry. “The profession’s role will evolve to deliver more robust …
The Hanover Insurance Group, Inc. has expanded its technology capabilities, adding a suite of solutions for over 125 classes of technology businesses. The new coverages build on the company’s small commercial technology insurance offering, and include a customized commercial package …
Critical Areas Include Contract Wording, M&As, Emerging Risks As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers …
Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …
