Florida’s insurance industry comes out swinging for MGAs

[ad_1] In the latest edition of Insurance Business TV, join Daniel Mogelnicki, of Westfield Specialty, as he examines the state of the E&O and MPL market. In this interview he delves into the specific opportunities in MPL classes, and offers tips for brokers operating in the space. [ad_2] Source link

[ad_1] The broader agribusiness insurance market in the US has been affected by several ongoing challenges. More frequent and severe natural catastrophes, including wildfires, droughts, and hurricanes, have led to rising loss ratios and increased pressure on underwriting capacity. In response, many insurers have tightened terms, raised premiums, or withdrawn from high-risk regions. This has…

[ad_1] A significant new bill introduced in the New York State Assembly could fundamentally change compensation structures within the title insurance industry. Assembly Bill A07866, sponsored by Assemblymember Carrie Woerner, sets out clear, strict guidelines on how title insurance agents can be compensated by insurers, emphasizing transparency, fairness, and accountability in agent-insurer dealings. [ad_2] Source…

[ad_1] The request was opposed by several other regulatory bodies [ad_2] Source link

[ad_1] Program provides coverage for municipalities, schools and more [ad_2] Source link

[ad_1] According to the complaint, Dollar Tree entered into a Product Supply Agreement with Zephyr Solutions LLC on December 20, 2019. Zephyr agreed to supply helium products and high-pressure cylinders for use in Dollar Tree stores. The agreement required Zephyr to procure insurance, including commercial general liability coverage, naming Dollar Tree as an additional insured….