Monthly Archives: June 2016

There are few industries that need insurance as much as agriculture does. Unlike many industries, agriculture is completely at the mercy of the weather. For thousands of years, since the invention of agriculture, farmers have faced the risk that a … Continue reading →

Annuity contracts are insurance products wherein the issuer—usually the life insurance company—commits to making a series of payments to the beneficiary in the future, in exchange for a lump-sum payment up front. A “Qualified” annuity means that the insured makes … Continue reading →

Commercial crime encompasses a lot of things, including corruption, bribery, and outright fraud. These activities rob companies of their capital, making it necessary for companies to do unpleasant things to make up for it—including increase prices, cut back on services, … Continue reading →

The terrorist attacks of September 11, 2001 were the single largest insured event in history, spanning aviation, liability, life and health, and workers compensation payouts. The total covered losses came to as much as $70 billion.