Group P&C Insurance: Admitted And Surplus Lines Issues
Law360, New York (April 11, 2017, 3:44 PM EDT) -- For decades, group insurance coverage has been an attractive vehicle for the placement of certain property and casualty insurance products. On the carrier side, loss experience may be more favorable when aggregating similar insureds under a master insurance policy, resulting in cheaper premiums for consumers. On the producer side, the use of group P&C coverage helps achieve product distribution efficiencies and may result in fewer regulatory burdens and paperwork, in addition to the added benefit of marketing an aggregated risk platform to an insurer rather than presenting risks on an individual basis.
When the 1980s rolled around, the lack of affordable...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!