Business Insurance Policyholder Premium 
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.
Protect Commercial Insurance
FEBRUARY 10, 2022
Key changes The new rules have brought some key changes to the way General Insurance works: Equivalent policy premiums should not be higher for existing customers than for new customers. During th e term of cover, at any time a policyholder may opt-out of auto-renew. Premium reductions? Premium increases?
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Triple-I: Business Insurance
APRIL 24, 2023
Several insurers offer premium discounts for policyholders who invest in lightning protection systems. LPI invites insurance providers who are interested in sharing their customer incentives to contact them at lpi@lightning.org. “Lightning protection systems prevent a lightning strike from causing any damage.
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 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2
Bankers Insurance
AUGUST 8, 2024
Businesses may end up with inaccurate ITV calculations for a wide range of reasons — whether it stems from ineffective property valuation methods, intentionally underestimating costs to secure reduced premiums or being impacted by factors outside their control (e.g., inflation). Regardless, such inaccuracies are all too common.
Protect Commercial Insurance
DECEMBER 6, 2024
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.
Triple-I: Business Insurance
APRIL 18, 2025
President Donald Trump are on track to increase the price of parts and materials used in repairing and restoring property after an insurable event. Analysts and economists, predict these price hikes will lead to higher claim payouts for P&C insurers and, ultimately, higher premiums for policyholders.
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