Has Your Business Seen an Increase in Insurance Premiums?

November 4, 2013

Important Information

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At A Glance

This Alert Affects
Any business which has seen the premiums for their property or liability insurance increase with no change in operations or exposure risk.
Damages
Businesses which saw their premiums increase may be able to recover expenses associated with this rate hike.
Company(ies)
All property and casualty commercial insurers.
Additional Details
It has been alleged that certain commercial property and casualty insurance companies are raising prices for their policy holders by improperly debiting risks or reducing credits, even though there was been no change in operations or exposure risk.