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Month: April 2022

Home Blog Month: April 2022
PIIAC Bulletin

Falling Short

by | Apr 29, 2022 | PIIAC Bulletin

Financial ratings give insight into a carrier’s ability to pay claims, which, along with the potential of financial loss, are ultimately the reasons businesses purchase insurance. However, insurance companies can only pay claims if they have the funds to do so. It is not uncommon for an insurance carrier to become insolvent, leaving it unable to pay claims.

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PIIAC Bulletin

Deductive Reasoning

by | Apr 4, 2022 | PIIAC Bulletin

You are already aware that not all professional liability policies for insurance agents extend the same coverage benefits. However, an important coverage component has become increasingly valuable in the insurance agents’ professional liability marketplace: a deductible reduction feature. 

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