Insurance Journal

DECEMBER 5, 2024

Summit, a regional provider of workers’ compensation insurance services, announced the expansion of its coverage into Illinois.

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Workers Comp Casualty Insurance Compensation Insurance Companies 243

Insurance Journal

OCTOBER 6, 2024

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …

Casualty Insurance 240

Casualty Insurance Insurance Companies Insured Insurance 240

Property Insurance Coverage Law

AUGUST 21, 2024

Ohio Casualty Insurance Company, 1 is a case decided last week involving vacancy clauses often found in property insurance policies, the impact of forfeiture clauses, and how those clauses can be waived. Unlocking Possible Overlooked Arguments for Coverage appeared first on Property Insurance Coverage Law Blog.

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Casualty Insurance Property Insurance Insurance Policy Insurance Companies 202

Insurance Journal

SEPTEMBER 10, 2024

Grange Insurance Company announced that Cheryl McRae Lebens has been named the company’s Chief Financial Officer, effective January 1, 2025, following Terri Brown’s planned retirement at the end of the year. Brown’s career in the property and casualty Insurance industry …

Casualty Insurance 147

Casualty Insurance Insurance Industry Insured Insurance 147

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 …

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Policyholder Claim Damage Insured 290

Insurance Journal

FEBRUARY 6, 2025

Coming off of its best year ever in 2024, Kingstone Companies, Inc., a Northeast regional property/casualty insurance holding company, announced that it has agreed to sell its headquarters building in Kingston, New York. The buyer is Ulster County, which agreed …

Casualty Insurance 130

Casualty Insurance Building Insured Insurance 130

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. That’s where partnering with an insurance executive search firm comes into play. Why Work with an Insurance Executive Search Firm?

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Insured Insurance Insurer Casualty Insurance 130

Frankenmuth Insurance

JANUARY 9, 2025

Your relationship with your insurance agent is an important one. Wondering how to choose an insurance agent? Agents who represent only one insurance company are called direct or captive agents. Agents who represent only one insurance company are called direct or captive agents. What are your credentials?

Insurance Agents 101

Insurance Agents Insurance Agent Agents License 101

Redbird Agents

JULY 9, 2024

I’ve heard more than once the misconception that selling insurance is easy. If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Why Do Insurance Agents Fail? Statistics from the insurance industry reveal a different story.

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Insurance Agents Insurance Agent Agents Broker-Agent 130

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. Background The plaintiff-insured provided residential and day habilitation services in a property covered by a commercial package insurance policy issued by the defendant-insurer. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

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Building Commercial Property Damage Policy 130

Frankenmuth Insurance

JUNE 20, 2024

Frankenmuth Insurance is exceptionally proud to share that AM Best has once again recognized our company’s commitment to financial strength and stability. At Frankenmuth Insurance, we take pride in protecting what’s important to you, and we’re dedicated to ensuring a bright future for our policyholders.

Casualty Insurance 52

Casualty Insurance Insurance Companies Policyholder Life Insurance 52

Unitas Financial Services

JULY 18, 2022

But what impact does record-breaking inflation have on the cost of a property and casualty insurance policy? Consumers are feeling the pain at the pump, the grocery, and when shopping for virtually any good or service.

Casualty Insurance 52

Casualty Insurance Insurance Policy Insured Insurance 52

Bankers Insurance

JULY 22, 2024

Westfield’s Legacy of Caring Program Partners with Westfield Insurance Agencies to Support Dozens of Nonprofits Across the Country Westfield partnered with Bankers Insurance to donate $9,500 to the American Red Cross as part of Westfield’s Legacy of Caring program.

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Broker-Agent Agents Insured Insurance 64

Agency MVP

DECEMBER 20, 2021

If you are looking to take advantage of this new trend by selling property and casualty insurance from your own home, there are certainly many avenues available to you. No matter what is going on globally, there is always a need for many people to shore up their own insurance needs. Working from home is cost-effective.

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Insured Insurance Insurer Agents 52

Agency MVP

DECEMBER 20, 2021

When it comes to expanding your influence as an insurance agent, referrals are among the most effective and cheap options available. In most states, a gift provided by an insurer, agent, or broker directly violates anti-rebating laws. The fee paid is not dependent upon whether the referral results in the sale of insurance.

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Insurance Agents Insurance Agent Agents Broker-Agent 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. Secrecy surrounding TPLF prevents insurers and regulators from identifying, let alone mitigating, the risks of increased costs and time to resolve claims disputes.

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Out-Of-Pocket Broker-Agent Premium Claim 65

Triple-I: Workers Compensation

MARCH 21, 2023

By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives can provide a viable way to protect companies across several lines of casualty insurance.

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

Majesco

APRIL 11, 2024

Pressure can also force good decisions, when companies execute on strategic priorities to be relevant and competitive. Most insurers are in a sort of pressure-cooker situation where challenges are creating pressure and good decisions need to be made. We have to find a way to make exposures viable for us, and also for our insureds.

Commercial Property 40

Commercial Property Risk Claim Deductible 40

Friendly Agent

DECEMBER 3, 2020

I am talking about becoming an insurance agent. Becoming an insurance agent checks all boxes. Your earning potential is based on insurance policies. In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. How to become an insurance agent?

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