Commercial lines property/casualty insurance rates rose 4 percent on average in February 2013 compared February 2012, a recent survey revealed. The U.S. commercial insurance rate index, published by MarketScout, shows transportation and energy rates have lead rate increases over the …
The neighborhood auto repair shop or local gas station might seem to be an easy risk to insure. But there are a few misunderstood coverages that agents and brokers should know about, says one California broker specializing in the auto …
Still struggling through the recession, the last thing the nonprofit sector needed is the negative publicity generated by Jerry Sandusky and Lance Armstrong. The recession was hard on just about everyone, particularly the nonprofit arena and those who provide services …
Manufacturing is again driving Ohio’s economic expansion, with more than half of the state’s counties dependent on the sector, according to a newspaper analysis. The Dayton Daily News reports that more than one-third of the state’s job losses were in …
Take a look around: Life is pretty great in the Great Plains. So good that cities such as Sioux Falls and others in a region that stretches from the Dakotas to Texas are embarking on big building projects. While other …
It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard work. “I’ve worked harder …
Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional signs of a conventional hard market have …
W. R. Berkley Corp. has formed Berkley Southeast Insurance Group. Berkley Southeast will be based in Atlanta, Ga. and will provide standard commercial lines insurance services to a range of businesses in six Southeastern states: Mississippi, Alabama, Georgia, Tennessee, North …
The federal backstop that is widely credited with establishing today’s robust terrorism insurance market may be gone in just 24 months. The consequences could be severe, from reduced availability of coverage to increased premiums. The impact would be particularly acute …
More than a third of Americans spent more on insurance during the past year, according to a new survey. Some 37 percent of people responding to the survey spent more on insurance over the past year while only 7 percent …
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