First Dollar Defense: Explanation and Benefits
First Dollar Defense coverage waives the deductible for defense costs. Learn how it works so you can make informed insurance purchase decisions.
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Wrongful Act Explained
Wrongful Act” – the coverage trigger event for a liability insurance policy. Find how definitions vary, what to look for in your insurance policy, and more.
Special Investigative Unit (SIU)
Learn how a Special Investigative Unit (SIU) investigates suspicious claims and fraudulent activities.
Unearned Premium Explained
Learn how and why ‘Unearned premium’ is a liability on an insurance company’s financial statements.
Earned Premium Explained
In this article on ‘earned premium’ we’ll learn how how insurers record premiums to accurately reflect insurance operations and profitability.
Understanding Defense Outside the Limits vs. Within Limits
Learn how your insurance policy handles defense costs.
How do Insurance Brokers Make Money? Understanding Insurance Commissions
Learn insurance brokers’ primary sources of income and ethical considerations in the industry.
What is Lloyd’s of London?
Lloyd’s is an insurance and reinsurance marketplace known for its shared risk approach to doing insurance, its global reach, and its financial strength.
What is Insurance Underwriting?
Insurance underwriting is the process of evaluating a risk to determine if the insurance company will insure it and, if yes, then pricing it.
What is an Insurance Bond?
An insurance bond is a bond that is designed to protect an individual or organization against financial loss if certain circumstances occur. There are different kinds of insurance bonds.