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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The report was released during a members-only webinar on Oct.

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What is Subrogation and How Does it Work?

Bankers Insurance

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

Insiders

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How to Turn Surety Bonds into a Profit Powerhouse for Your Agency

American Agents Alliance

For example, if you already provide general liability insurance to a construction company, adding surety bonds to your product mix is a logical next step. The same client who needs insurance to protect their business will likely need surety bonds to maintain their licenses and to secure their contracts.

Agents 40
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Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. There also is a small handful of admitted carriers that operate in California, and most recently in Arizona.”

Risk 40