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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 …

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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.

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Reflecting on the first 25 Years of LMI Group

Prof. Allan Manning

May 2019: LMI win 2019 Insurance Business Awards – Service Provider of the Year. July 2020: Responding to the increased awareness in mental health caused by natural disasters and the stress from navigating insurance claims, LMI launch Mastering our Minds Psychology headed by a Doctor of Clinical Psychology: Dr Susan.

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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.

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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.

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

Triple-I: Business Insurance

Social inflation” refers to the impact of litigation costs on insurersclaim payouts, loss ratios, and, ultimately, how much policyholders pay for coverage. Kurtz , a principal and consulting actuary at Milliman, said another year of underwriting losses is likely for the commercial multi-peril line.

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The Art of Shielding Your Wealth: Expert Techniques

Shield Insurance Agency

Let us help you master the art of shielding your wealth with expert techniques and sound insurance advice. Protect Your Finances: The Truth About Small Insurance Claims Shield Insurance Agency is Now Hiring! Our team is dedicated to ensuring that every client receives the highest level of attention and expertise.