Want to know more about what to expect in the insurance marketplace but don’t have time to read a 10+ page State of the Market? Interested in emerging trends and market or capacity changes? Gain the key marketplace insights you need at just a glance with our easy-to-read 2024 guides.

There are major differences between pollution coverage extensions in a GL policy and a genuine pollution insurance policy. Insurance agents are living on the edge by verifying pollution insurance on COIs if the only coverage is provided by a GL policy with an endorsement making exceptions to the pollution exclusion. Continue reading to learn more about obtaining the right pollution liability coverage.

Product recall events are a known risk of doing business across many sectors. The discovery of these concerns can come from regulatory agencies like the FDA, customer product testing, supplier issues, and/or a company’s own quality control process. Even companies with the best quality control processes in place are vulnerable to product recall risks.

A recent law signed in 2023 expands regulations and reporting requirements for cosmetic manufacturers, giving the FDA greater oversight of the industry. These updated policies could increase the frequency and size of cosmetic product recalls. What can manufacturers do to help minimize their risk?

Persistent, significant losses are still driving up expenses and constraining capacity within the casualty market for habitational business. As insurers reduce coverage limits, increase deductibles, and impose stricter underwriting criteria, it becomes crucial to strategically promote comprehensive submissions in order to secure optimal coverage.