Learning Center

Here’s a term you may have heard or read in the past: “Coverage has been placed with a non-admitted carrier…”. What does that mean? There are, broadly, two types of insurance companies you may deal with, admitted and non-admitted insurance companies. An “admitted” insurance company is one that has been...

Here’s a term you’ll likely start hearing more frequently… “loss creep”. The commercial property and casualty insurance market is getting harder, faster, than many expected or predicted, and in unusual ways. One major driver for this trend is reinsurance rates. Reinsurers are companies that write insurance for insurance companies. By...