Distinguished

MARCH 17, 2025

In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. We speak with Katie Vespia, President of Distinguisheds Real Estate program , about common NYC violations, their fines, resolution processes, and the impact on insurance coverage.

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Word & Brown

NOVEMBER 12, 2024

In today’s competitive health insurance landscape, brokers face the challenge of not only understanding complex health plans but also marketing them effectively to the right audiences. These firms (and others) offer marketing solutions for independent insurance agencies and brokers.

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Redbird Agents

JULY 18, 2024

Compare quotes available to you from up to 30 insurance companies. Several Policy Options and Companies One of Choice Mutual’s strengths is the number of companies it partners with. Other agencies typically have only 1-3 insurance companies they can offer you.

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Insured Insurer Insurance Policy 130

AMAXX

JANUARY 14, 2025

Predictability in Costs Workers compensation insurance can transfer a portion of the financial risk associated with workplace injuries to the insurance company. Employers pay premiums for this coverage, enabling them to forecast and plan for these costs more effectively. All state laws vary.

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Workers Compensation Compensation Workers Comp Injury 98

Smart Insurance Agents

DECEMBER 9, 2024

Affordable Premiums: Short Term Health Insurance Plans typically offer more affordable premiums compared to long-term health insurance plans. Cost: Evaluate the premiums, deductibles, copayments, and out-of-pocket maximums associated with each plan. Agile Health Insurance 5. Pivot Health 4. Everest Prime 9.

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Out-Of-Pocket Insured Insurance Insurer 98

Jackson & Jackson

APRIL 29, 2024

Increase Your Deductible Increasing your deductible is one of the simplest ways to lower your insurance premiums. This means you will pay more out of pocket in case of a claim, but your monthly or annual insurance costs will be lower. Strategy: Discuss bundling options with your insurance provider.

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Commercial Property Property Insurance Commercial Deductible 52

R&R Insurance

SEPTEMBER 12, 2024

These rebates may be in the form of a premium credit or a lump-sum payment. If you’re feeling lost and don’t know what you should be doing to be in compliance with your ERISA Fiduciary requirements, contact one of our Knowledge Brokers – we know! Most group health plans sponsored by employers in the private sector are subject to ERISA.

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Protect Commercial Insurance

JULY 26, 2024

In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Obtain quotes from at least three different insurers to compare coverage options and premiums.

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Commercial Insurance Broker General Liability Business Interruption 52

American Agents Alliance

FEBRUARY 7, 2025

Social inflation and E&O risks are connected as agents must manage policyholder expectations even as claims costs rise, premiums remain high, and denials are issued for claims policyholders expected to be covered. Agents and brokers need to be realistic when presenting coverage and pricing options to policyholders.

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Healthinsurance.org

MAY 20, 2024

The story was first reported in early April 2024 by Julie Appleby, and CMS subsequently released a statement, acknowledging the problem and noting that the agency is “ taking swift actions to protect consumers from unauthorized activity by agents and brokers.” 2 HealthCare.gov policyholders at risk So what’s going on here?

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Broker-Agent Broker Out-Of-Pocket Premium 52

Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

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Property Insurance Commercial Property Liability Insured 52

Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

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Insured Insurance Insurer Premium 52

Property Insurance Centre

SEPTEMBER 25, 2024

This might seem like an advantage since this saves cost initially, though it might lead to high premium costs later on. It is important not to rely only on the words that a broker tells you, try to read all the details. These can be added to your policy for an additional premium. – Declaring inaccurately.

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Building Insured Insurer Insurance 52

Jackson & Jackson

MAY 23, 2024

Factors such as the dense population, diverse industries, and varying geographical conditions contribute to the complexity of the insurance landscape. As a result, insurance premiums tend to be higher in California compared to other states. Start by conducting a detailed review of your business operations.

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Small Business Insurance Business Insurance Insured Insurer 52

American Agents Alliance

OCTOBER 14, 2024

Understanding millennial insurance buyers and their motivations is critical for agents and brokers selling to this demographic. Millennials are often known for being diverse, tech-proficient, and committed to their values and expectations regarding companies they do business with and purchases they make.

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Agents Broker-Agent Policyholder Insured 40

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. Louisianans Need to Know Legal Reforms Boost Florida Insurance Market; Premium Relief Will Require More Time How Georgia Might Learn From Florida Reforms U.S.

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Out-Of-Pocket Broker-Agent Premium Claim 65

Smart Insurance Agents

AUGUST 19, 2024

These plans come from private insurance companies. Dental coverage can differ a lot between insurance companies and might have extra costs or rules. Another choice is standalone dental insurance plans made for seniors. You can find these plans through private insurance companies.

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Out-Of-Pocket Deductible Insurance Companies License 52

Freeway Insurance

OCTOBER 26, 2023

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place. But that’s only for starters.

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Triple-I: Workers Compensation

APRIL 4, 2022

By Max Dorfman, Research Writer The coronavirus pandemic and the financial challenges it presents have fueled growth in captive insurance – a form of self-insurance in which one or more entities establish their own insurance company. They also may insure the risks of organizations other than their major owners.

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Smart Insurance Agents

AUGUST 29, 2024

HDHPs feature high deductibles but lower premiums, making them suitable for pairing with health savings accounts (HSAs). Offering health insurance helps small businesses attract and keep skilled employees, setting them apart from competitors. Companies offering multiple plan options can enhance employee satisfaction.

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Distinguished

JULY 22, 2024

At Distinguished Programs, our specialty fine art and collectibles insurance offers several key advantages over relying solely on homeowners insurance: Doesn’t Affect Homeowner Premiums : If your client needs to file a claim, it won’t impact their homeowner’s insurance premiums.

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Insured Insurance Insurer Policy 52

Majesco

APRIL 25, 2024

It’s a double play—claims processed swiftly, premiums collected seamlessly, and customers satisfied. The insurance infield turns grounders into outs, just as MLB infielders turn hits into double plays. For insurers, the grand slam is an exceptional customer experience with optimized operations. The ball never hits the dirt.

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Distinguished

NOVEMBER 7, 2024

The Surety : A third party, often an insurance company, that provides the surety bond, guaranteeing the principal’s performance to the obligee. This heightened risk necessitates more substantial bonds, often with higher premiums, to cover potential defaults or non-payment issues.

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Jackson & Jackson

AUGUST 16, 2024

These events can cause extensive damage to homes and properties, leading insurers to be more cautious in providing coverage. The increasing frequency and severity of natural disasters in recent years have made insurance companies more hesitant to take on the risks associated with insuring California homeowners.

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Insured Insurance Insurer Risk 52

Word & Brown

DECEMBER 11, 2024

Talk with your clients about their needs, expectations, and budget, as plans that define the insureds inability to perform in their own occupation may be more costly than plans that define disability related to ones ability to perform any occupation. Policies with shorter maximum benefit periods typically have lower premiums.

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Workers Compensation Insured Insurance Insurer 52

Cover4LetProperty

OCTOBER 10, 2022

What are let property insurance brokers? The property insurance broker acts as a centre of excellence in terms of knowledge of the marketplace and in helping clients access the most suitable product for their own unique needs and circumstances.

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Property Insurance Centre

MARCH 19, 2024

“Insurance companies should prioritize consumer education to build trust and ensure policyholders understand their rights and responsibilities. ” Preventing Claims Disputes through Education One of the main benefits of insurer-led consumer education is the prevention of claims disputes.

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Property Insurance Policyholder Insured Insurance 52

Healthinsurance.org

JUNE 20, 2024

7 Most people who buy their own health insurance do so through the health insurance Marketplace (exchange), 8 but it’s also possible to buy individual/family health insurance directly from an insurance company (albeit without Marketplace subsidies). 19 But domestic partners cannot file a joint tax return.

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Healthinsurance.org

AUGUST 21, 2024

A BHP provides coverage, with zero or low premiums, to people who don’t qualify for Medicaid and whose household income is up to 200% of the federal poverty level. Can undocumented immigrants get health insurance? But beyond that, federal funding cannot be used to provide health insurance for undocumented immigrants. 28 For U.S.

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Word & Brown

JANUARY 23, 2025

It also prohibits health insurance companies from refusing coverage (or charging more) because of an individuals health problems that pre-date their ACA-compliant coverage. Insurers can also not limit benefits for conditions like asthmas, diabetes, cancer, pregnancy, and others. Health care is more affordable under the ACA.

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