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Starr Insurance Receives License to Sell Commercial Insurance Across South Korea

Insurance Journal

Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. “Korea is one of the largest commercial

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Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh

Insurance Journal

Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market …

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Outlooks Revised to Positive for Louisiana Workers’ Comp Insurer Stonetrust

Insurance Journal

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust Commercial Insurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …

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Manufacturers Hit by Soaring Property Insurance Costs

Insurance Journal

James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast iron parts for tractors and other equipment to at least double when it’s up for renewal this fall. He’s been …

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P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast

Insurance Journal

Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …

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Workers Comp:Resilient and Relevant

Triple-I: Workers Compensation

economy and is the second-largest line of commercial insurance, with $42 billion in premium annually. As part of its mission to foster a healthy workers compensation system, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations.

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How to Not Suck at Being an Insurance Agent

Redbird Agents

What is an Insurance Sales Agent? An Insurance Sales Agent is a professional who sells insurance policies to clients, including life insurance, health insurance, and property and casualty insurance. Is life insurance sales a good career? What Does an Insurance Broker Do?