Houston, TX (October 4, 2022) – Delta General Agency Corporation (Delta), a full-service specialty wholesale brokerage and managing general agency (MGA), announces a new name and brand identity. Jencap Group, LLC (Jencap) acquired the assets of Delta in February 2022. After a transitional period, Delta will now operate as part of Jencap Insurance...
If your client’s business involves assembling, importing, exporting, manufacturing, transporting, and/or distributing goods—a Stock Throughput Policy (STP) may be needed to cover their risk exposure. What is a STP A STP is a form of marine coverage that protects a company’s goods throughout the global supply chain- from creation to final...
A new report shows that New York, Miami, Tampa and New Orleans have the highest risk of heavy property damage from hurricane storm surges. Your clients in these areas need to pay particularly close attention to their insurance policies to ensure they have the protection that they will likely need. As this recent Insurance Journal article...
Natural catastrophes broke insurance claims records in 2021. Historically, primary perils – like earthquakes – have been weather events with the highest loss potentials, but secondary perils – including wildfires, rainstorms, and floods – have become more frequent in recent years and are responsible for a growing share of insurance claims....
Climate change has been making headlines recently, and now experts predict that global warming will lead to substantial sea level rise in the coming years. In fact, scientists are forecasting a one-foot rise in sea level over the next 30 years. To put this into perspective, government agencies including NASA, NOAA, and USGS, anticipate that the...
The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice.