Condominium sales and prices in Miami, Jacksonville and Tampa and other parts of Florida have dropped over the past year, largely due to the soaring cost of property insurance and association fees, according to Redfin, a U.S. real estate and …
You are a seasoned producer who is confident in your skillset. You have built a strong book of business and after a few years, you decide to go out on your own and open an independent agency. As your new …
Since its official inception in 1971, Insurance Services Office Inc. (ISO) has been the national insurance industry standard setter for policy form language. Many insurers use pure ISO forms, usually along with proprietary endorsements of their own. Even insurers who …
Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers have pulled out of others. “Every state …
After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in February 2024 with a seven-year look back on compensation …
There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch. “The king is dead; long live the …
Based on the last 126 insurance commercials I’ve watched, I wouldn’t have a clue. I saw one insurance commercial the other night that did not even include the word “insurance” in the script other than the carrier’s name. Most people …
A dispute between an insurer and a yacht owner that went all the way to the U.S. Supreme Court resulted in a decision — the first of its kind on marine insurance in about 70 years — to clarify federal …
The market for yacht insurance has hardened in recent years, due to the frequency and severity of catastrophic (CAT) claims. Widespread losses incurred along the West Coast of Florida and the Atlantic Coast from Hurricane Ian in 2022, for example, …
Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report released in February by Gallagher Re’s Strategic and Financial Analytics team. Downgrades of U.S. property/casualty (re)insurers jumped significantly in the …
