Remove Business Insurance Remove Claim Remove Insurance Claim
article thumbnail

Claims From 4 Summer Weather Events in Canada Exceed Prior Year Total: IBC

Insurance Journal

Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims than the 20-year average, reported the Insurance Bureau of Canada. About 228,000 home, auto and business insurance claims have been …

Claim 278
article thumbnail

Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

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. However, filing small insurance claims can have long-term financial consequences.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reflecting on the first 25 Years of LMI Group

Prof. Allan Manning

L oss Management International (Post loss Claims Preparation and Loss Adjusting) , Risk Management International (Pre Loss policy program reviews and business interruption sum insured reviews), and Claims Management International (Post Loss Third Party Administration services) based in Melbourne, Australia.

article thumbnail

How to Leverage Telematics to Improve Commercial Driver Safety

Mark Jackson Insurance Agency

By recognizing and understanding the driving patterns of their fleet, businesses can make informed decisions about how to manage their teams effectively. Reducing Accidents and Insurance Claims The insights provided by telematics can directly contribute to a reduction in accidents and related insurance claims.

article thumbnail

Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Myth 5: “Claims Process is Always Lengthy and Complex” Technological Advancements in Claims Gone are the days when filing an insurance claim was akin to navigating a labyrinth. Thanks to technological advancements, the claims process has become much more streamlined and user-friendly.

article thumbnail

5 FCA permissions for advising on commercial insurance.

Protect Commercial Insurance

For example, notifying the insurer of an insurance claim and negotiating settlement on the customer’s behalf. If you handle claims on behalf of the insurer (and not the customer), this will not be a regulated activity, neither will providing information to a claimant or insurer in connection with a claim assessment.

article thumbnail

CSU Researchers Project “Extremely Active”2024 Hurricane Season

Triple-I: Homeowners Insurance

With this forecast in mind, now is ideal time for homeowners and business owners to review their policies with an insurance professional to ensure they have the right amount and types of coverage. Flood policies are offered through FEMA’s National Flood Insurance Program (NFIP) and dozens of private insurers.

Damage 52