A business’s general liability coverage isn’t always enough to absorb a major claim. When policy limits under your business insurance coverage are exhausted, excess liability insurance can provide ...

Whenever you make a claim on an insurance policy, such as travel, car, home or pet cover, the payment you receive will have an amount deducted by the insurer. This is known as the excess. It is ...

LOS ANGELES--(BUSINESS WIRE)--Counterpart, the management liability insurtech, today announced the launch of its Excess insurance product for small businesses. Backed by Aspen, the Excess policy is ...

The evolution of umbrella and other catastrophe liability insurance forms provides context for today's excess and hybrid umbrella types and their uses. It is important for readers to note that the ...

Every policyholder will likely face a scenario where its primary insurer refuses a settlement offer within limits. The primary insurer is potentially liable for that excess verdict if it acted in bad ...

TripExcess provides a fast, flexible alternative to traditional annual excess policies. It allows motor carriers to obtain coverage on demand through a seamless online portal. Users can quote, bind, ...

The excess on any car insurance policy – the amount deducted from your claims payout – comes in two forms: compulsory and voluntary. A compulsory excess is set by the insurance provider, but a ...

WTW's outlook for 2027 sees large property programs down as much as 25%, but auto liability and challenged umbrella classes still face double-digit increases.

The California Supreme Court issued one of 2026’s most significant insurance coverage decisions, holding that an insured need not plead actual exhaustion of underlying insurance to pursue declaratory ...

Some companies make the decision to self insure workers' compensation claims. Because an extremely large claim could cause financial damage to a small business, it is typical for a self-insured ...

What is a claim excess in insurance? In simple terms, a car insurance claim excess refers to the out-of-pocket payment you will need to pay when your car insurance claim is settled. You will usually ...

According to the International Risk Management Institute, excess liability insurance provides insurance limits above and beyond a business's primary liability policies. When a claim is reported to the ...