2020 first-quarter data in comparison to both the previous quarter and the first quarters of prior years, gave little hint of the shock that was to follow in 2020’s second quarter. Indeed, for the property/casualty insurance industry, the first quarter of 2020 generally went well.
BOILER AND MACHINERY INSURANCE- Often called Equipment Breakdown, or Systems Breakdown insurance. Commercial insurance that covers damage caused by the malfunction or breakdown of boilers, and a vast array of other equipment including air conditioners, heating, electrical, telephone and computer systems.
AGENT- Insurance is sold by two types of agents: independent agents, who are self-employed, represent several insurance companies and are paid on commission; and exclusive or captive agents, who represent only one insurance company and are either salaried or work on commission. Insurance companies that use exclusive or captive agents are called direct writers.See Full Glossary
For immediate release Florida Press Office: 904-806-7813, email@example.com SAINT JOHNS, Fla., July 31, 2020 – Hurricane Isaias is expected to become a strong Category 1 storm as it approaches South Florida on Saturday and has the potential to cause property damage and flooding… Read More
For immediate release Florida Press Office: 904-806-7813, firstname.lastname@example.org NEW YORK, July 24, 2020 – Tropical Storm Hanna has the potential to cause property damage along the Texas and Louisiana coasts as a Saturday landfall is expected near Corpus Christi, Texas. Read More