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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. points year-over-year improvement, with commercial lines continuing to outperform personal lines. represented a 2.3-points

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Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle

Triple-I: Business Insurance

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 weakness in underwriting profitability has been driven by several causes, according to a new Triple-I Issues Brief.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.

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2022 P&C Underwriting Profitability Seen Worsening as Inflation, Hard Market Persist

Triple-I: Business Insurance

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. for 2022, up 1.2

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Report: Policyholders See Climate as a ‘Primary Concern’

Triple-I: Business Insurance

With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers. ” The report emphasizes the economic losses associated with climate, which it says have grown by 250 percent in the last 30 years.

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Adapt or Leak: Three Insurance Technology Trends That Can Improve Risk Resilience

Majesco

Insurance company profit margin results right now are like trying to keep water in a leaking bucket. Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. It’s a win-win-win approach.

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