Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from the 2006 high of 27th) for personal auto affordability, according to reports by the Insurance Research Council.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

TGS

MARCH 4, 2025

At TGS Insurance, were here to help you understand the risks of driving uninsured and why securing the right coverage is a smart move for every Florida driver. Is It Illegal to Drive Without Insurance in Florida? Yes, driving without insurance in Florida is illegal. This often comes with higher premiums.

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Auto Insurance License Insurer Insurance 52

TGS

JANUARY 6, 2025

TGS Insurance Blog Understanding the New North Carolina Minimum Auto Insurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum auto insurance requirements, marking a significant update to the state’s financial responsibility laws.

Auto Insurance 52

Auto Insurance Insurer Insurance Insured 52

Shield Insurance Agency

APRIL 19, 2024

Shield Insurance Agency Blog | Collision Coverage | Auto Insurance | Start A Quote Today! Michigan is a state with unique auto insurance requirements that can sometimes be confusing to navigate.

Auto Insurance 52

Auto Insurance Deductible Out-Of-Pocket Insurer 52

Freeway Insurance

JANUARY 6, 2025

Bundling multiple insurance policies together is known as one of the easiest ways to get a discount, especially when it comes to homeowners insurance and auto insurance. Many insurers have robust savings plans in place designed to get you a better deal when you bundle home and auto insurance.

Auto Insurance 52

Auto Insurance Insurer Insurance Insured 52

Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. In addition, the brief says, the number of insurers writing business in the state has rebounded after a multi-year exodus.

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Premium Claim Auto Insurance Property Insurance 52

Leadsurance

NOVEMBER 19, 2024

How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.

Home Insurance 52

Home Insurance Premium Deductible Insurer 52

American Agents Alliance

AUGUST 10, 2024

Severe weather is transforming the auto insurance industry. This means insurers must adapt to changing weather patterns and increasing unpredictability. Focused on the impacts of severe weather events on the auto insurance and repair industries, the report gives timely details on the future of the industry.

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Triple-I: Homeowners Insurance

JANUARY 20, 2025

Rather, new technology presents opportunities to facilitate more proactive and individualized risk management than ever before, while also enabling employees to do what this industry does best: engaging with other people.

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Insurer Insurance Insured Insurance Carrier 59

Triple-I: Business Insurance

OCTOBER 25, 2024

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP).

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Underwriter Underwriting Commercial Auto Insurance 52

American Agents Alliance

MARCH 3, 2025

However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage. Learn more about managing new E&O risks introduced by AI to ensure AI remains an asset, not a liability. Some of the new risks include: AI-generated quotes may be mispriced or contain incorrect details.

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Broker-Agent Broker Agents Risk 52

Majesco

OCTOBER 10, 2024

Risk vs. reward. Perhaps there is no more appropriate location to discuss it than Las Vegas, the undisputed home of risks and rewards. Next week, many of us will meet and chat at ITC 2024, filled with the excitement of game-changing technologies and insurance startups.

Risk 40

Risk Auto Insurance Premium Underwriter 40

Frankenmuth Insurance

JULY 25, 2024

Wondering what is the best type of insurance for a small business like yours? They’ll get to know you, your operations, and any areas of risk or need. Start a frank conversation by asking these key questions: What types of insurance do I need? Does my small business face any unique risks? What factors affect my premiums?

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Agents Deductible Premium Claim 57

TGS

DECEMBER 2, 2024

Here’s what you’re looking at: First offense: $150 Second offense (within three years): $250 Third or subsequent offense: $500 SR-22 Filing Requirement : If your insurance lapse is reported, you may need to file an SR-22—a certificate proving you have the required coverage moving forward. Why Risk It?

Auto Insurance 52

Auto Insurance License Insurer Insurance 52

Freeway Insurance

NOVEMBER 24, 2024

Lets take a drive through the history of auto insurance to learn howand why car insurance has evolved over time. Horse-Drawn Wagons to Horsepower: The Inception Getting insured is such a massive part of modern life, with policies covering everything from your home to your health. And if there was, people sorted it out.

Auto Insurance 52

Auto Insurance Insurer Insurance Insured 52

Triple-I: Homeowners Insurance

JUNE 27, 2024

By Lewis Nibbelin, Guest Blogger for Triple-I Home and auto insurance premium rates have been a topic of considerable public discussion as rising replacement costs and other factors – from climate-related losses to fraud and legal system abuse – have driven rates up and, in some states, crimped availability and affordability of coverage.

Underwriter 52

Underwriter Underwriting Insurer Insurance 52

Jackson & Jackson

MAY 23, 2024

Small business insurance covers property damage, liability claims, and employee-related risks. When selecting insurance coverage, assessing your business’s specific needs is essential. While basic coverage can provide a level of protection, your business might have additional risks that warrant extra coverage.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurer Insurance 52

TGS

NOVEMBER 20, 2024

It’s one of those questions that might catch you off guard—after all, what does borrowing history have to do with insuring your home? Let’s explore how and why your credit score affects your home insurance , what insurers are really looking at, and what you can do to keep your premiums manageable. Turns out, quite a bit.

Home Insurance 52

Home Insurance Premium Insurer Insurance 52

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

Much of the overall underwriting gain was due to growth in personal lines net premiums written. The ongoing performance gap between personal and commercial lines remains, but that gap is closing,” said Triple-I Chief Insurance Officer Dale Porfilio. Personal auto’s net combined ratio of 100 is 4.9 points better than 2023.

Commercial 68

Commercial Underwriter Underwriting General Liability 68

TGS

NOVEMBER 15, 2024

If you’re adding a second car to insurance and both vehicles meet the insurer’s criteria, you could end up with a nice reduction in your overall premium. Potential Challenges of Adding a Second Car to Insurance Of course, adding a second car isn’t without its considerations.

Auto Insurance 52

Auto Insurance Deductible Policy Insurer 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. Secrecy surrounding TPLF prevents insurers and regulators from identifying, let alone mitigating, the risks of increased costs and time to resolve claims disputes.

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Out-Of-Pocket Broker-Agent Premium Claim 65

Mark Jackson Insurance Agency

MAY 6, 2024

With road accidents constituting a significant risk for young drivers, leveraging technology to enhance their safety isn't just smart; it's essential. Initially used by insurance companies to assess driver risk and customize premiums, telematics is now a powerful tool for parents to monitor and improve their teen drivers' safety.

Auto Insurance 52

Auto Insurance Premium Risk Insurance Companies 52

TGS

NOVEMBER 18, 2024

Cons: Higher Insurance Costs: No-fault states tend to have higher insurance premiums, as insurers take on greater responsibility for covering claims. Fraud Risks: No-fault systems are sometimes criticized for being more vulnerable to fraudulent claims, which can drive up costs for everyone.

Injury 52

Injury Auto Insurance Damage Property Damage 52

InsuredMine

OCTOBER 25, 2024

With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 This figure is more than just a number; it represents real people and businesses at risk of financial ruin.

Risk 59

Risk Insurance Industry Business Interruption Claim 59

Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. As a result, the insurance company may raise your premiums to offset the potential risk.

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Insurance Claim Claim Protection Out-Of-Pocket 52

Freeway Insurance

OCTOBER 26, 2023

Does where you live have an impact on how much you pay for car insurance? Surprisingly, it does indeed make a difference where you live when your insurer is determining what you’ll be quoted for your auto insurance coverage. What Other Factors Determine What I’ll Pay for Auto Insurance?

Crime 52

Crime Auto Insurance Insurer Insurance 52

Freeway Insurance

MAY 30, 2024

Your car has plenty of ongoing expenses, from monthly auto insurance premiums to oil changes. Get started by learning about the relationship between tire pressure and fuel economy, reviewing the potential safety risks, and then exploring other tips for boosting your vehicle’s efficiency.

Risk 52

Risk Premium Auto Insurance Insurer 52

Triple-I: Homeowners Insurance

APRIL 5, 2024

Installation of a wind-rated garage door and storm shutters also boost a home’s resilience to a hurricane’s damaging winds and may generate savings on a homeowner’s insurance premium.

Damage 52

Damage Policy Auto Insurance Insurance Policy 52

Majesco

JULY 11, 2024

In our industry, many thought that online purchasing and streamlined customer experiences were the epitome of digital engagement, but it turns out that guided experiences with AI and GenAI tools will force insurers to change everything from insurance product development to servicing, claims, and even channel design. Power 2024 U.S.

Insurer 40

Insurer Insurance Insured Auto Insurance 40

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 points from 2021, according to actuaries at Triple-I and Milliman , a risk-management, benefits, and technology firm. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2

Underwriter 40

Underwriter Underwriting Workers Compensation Premium 40

TGS

DECEMBER 9, 2024

As you merge lives, youll likely merge insurance policies, too. Combining auto insurance , home insurance , and/or health insurance under a single provider often means discounts. Have you considered how tying the knot might affect your life insurance? But dont forget the fine print.

Protection 52

Protection Life Insurance Insurer Insurance 52

Leadsurance

JANUARY 26, 2024

Quizzes are a particularly effective tool in the insurance sector. Insurance agents can ascertain their specific insurance needs by designing quizzes that ask pertinent questions about clients’ lifestyles, assets, and risk factors. Assessments are crucial for evaluating client risk profiles.

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Insurance Agent Insurance Agents Agents Life Insurance 52

TGS

OCTOBER 17, 2023

Even without filing a claim, your insurance score will suffer. That makes your premium increase when it’s time for renewal. This is one of the most essential benefits of an independent insurance agent. After disaster strikes, we are here to have a risk-free, open conversation about your coverage.

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Insurance Agent Insurance Agents Agents Insurer 52

Constant Contact

JANUARY 28, 2021

For example, a blog feature on life insurance may begin by differentiating term and whole life insurance before delving into specifics such as guaranteed whole life or indeterminate premium whole life. Insight into local insurance requirements Insurance requirements vary dramatically from one state to the next.

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Insurer Insurance Insured Life Insurance 52

Majesco

MAY 9, 2024

How do we, as insurance leaders, drive ourselves to change when we know that we’ve been operating the same way for too long? But the competitor is using it to better price the risks. There are Japanese auto insurers, for example, that are currently giving dashcams to their auto drivers.

Insurer 40

Insurer Insurance Insured Risk 40

Majesco

DECEMBER 12, 2024

It is estimated that up to 40% of todays insurer employees will be retiring by 2030, creating a significant talent gap one that is beyond just people, one that needs to have a deeper understanding of insurance from the products to the business processes of quoting, issuing, servicing, billing, claims and more.

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Insurer Insurance Insured Risk 40

American Agents Alliance

SEPTEMBER 26, 2024

According to AM Best , the surety industry in the United States reported direct written premiums totaling $9.3 This level of integration not only makes the process more efficient but also reduces the risk of errors, ensuring that your clients receive their bonds quickly and without hassle.

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