OPPORTUNITIES IN CONTRACTORS POLLUTION LIABILITY Protect your clients and your E&O exposure By David Dybdahl, CPCU Contractors pollution liability (CPL) coverage is designed to fill the gaps created by contamination exclusions in general liability policies. Selling CPL is a good way to add value to your contractor customer base, write new business, and reduce your agency’s professional liability loss exposures from unintentionally uninsured losses associated with pollution and contamination claims.
Specialty Lines
Specialty Lines Markets FOCUS ON COMMERCIAL AUTO AND TRUCKING Market faces claims pressure and coverage concerns despite strong numbers By Lori Widmer If one looks merely at the numbers, the commercial auto and trucking industry is enjoying a great year. According to a report released by American Trucking Associations (ATA), trucking industry revenue exceeded $700 billion in 2017, representing nearly 80% of the country’s freight bill. Last year, the industry
Specialty Lines Markets 2019 Specialty Lines Market Preview By Lori Widmer Errors and omissions. Catastrophe. Special event risks. Workers compensation. Specialty lines insurance is a mixed bag of diverse risks and difficult exposures. As such, market forecasts can tend toward generalized information that may not necessarily reflect a specific segment of the specialty market. Yet those who work directly with specialty lines know that generalizations can give a fairly good
DRONES: NEW PARTNERSHIP, NEW PRODUCT Unmanned aerial vehicles take flight in the insurance industry By Christopher W. Cook A flooded field that can’t be reached on foot to assess the damage. A sudden hailstorm, potential roof damage and the ladder’s too short. In these situations, unmanned aerial vehicles—or drones as they’re more commonly known—become helpful, and the insurance industry has taken notice. As the use of drones increases for inspections,
CYBER RISK: A TWOFOLD APPROACH First, protect your agency, and then leverage your experience to sell cyber policies From Russian hackers cyber-meddling with the 2016 presidential election to the FBI asking Americans to reset their routers to foil a wide-spread cyberattack on U.S. citizens this past May, cyber incidents do not appear to be abating. Instead, it seems, cyber criminals are only getting more creative with time. There’s one thing
