Insurance Journal

OCTOBER 9, 2024

Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton claims. “Any move …

Policyholder 290

Policyholder Claim Damage Insurer 290

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief. With only 15 percent of U.S.

Premium 52

Premium Casualty Insurance Insurer Insurance 52

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. for 2022, up 1.2

Underwriter 40

Underwriter Underwriting Workers Compensation Premium 40

Triple-I: Homeowners Insurance

SEPTEMBER 24, 2024

The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. The latest reports explore different aspects of unintentional bias and offer forward-looking solutions.

Risk 59

Risk Casualty Insurance Policyholder Premium 59

Redbird Agents

JULY 9, 2024

You’ve gotten lazy on studying the different types of insurance which impacts your ability to navigate your client’s needs. I spoken with thousands of insurance agents, many of whom are venturing out on their own for the first time. What is an Insurance Sales Agent? Is life insurance sales a good career?

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

Hunton Andrews Kurth

JULY 16, 2021

However, contamination events and ensuing recalls can lead to a variety of other claims that implicate a number of other coverages, including liability coverage for claims against officers and directors addressing the company’s internal contamination risk and safety policies and procedures. Blue Bell Creameries USA, Inc.

General Liability 52

General Liability Commercial General Liability Liability Injury 52

Majesco

APRIL 11, 2024

There is inflation and its pressure on claims costs, whether it’s medical or it is physical damage to homes and businesses. Some customers can’t afford their insurance and they are decreasing the amount of insurance they have or not purchasing it all together. We are starting to see it on homeowners insurance.

Commercial Property 40

Commercial Property Risk Claim Deductible 40