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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

This could cause higher rates in commercial property and homeowners lines. For auto insurance specifically, the impacts of rising tariffs could include: Tariffs on imported vehicles will cause the price of these vehicles to rise, which could lead to higher auto insurance premiums to cover these higher replacement values.

Agents 52
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The Pressures of Operational Optimization

Majesco

US commercial Property and Casualty insurers have obtained incredibly high results in avoiding water, non-weather losses, using IoT solutions for risk prevention. I hope in the next 12-18 months, carriers will start extending these programs into larger parts of their portfolios. Here is a positive trend, for example.