Zywave

SEPTEMBER 25, 2024

But beyond just the employee benefits, the workers’ compensation and general liability markets are also feeling the pinch of increased medical costs. These nuclear verdicts often are seen as a result of social inflation, which refers to the rising cost of insurance claims influenced by societal trends.

General Liability 52

General Liability Workers Compensation Commercial Commercial Property 52

Risk Management Monitor

SEPTEMBER 21, 2021

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

Claim 75

Claim Injury Workers Compensation Risk 75

Bankers Insurance

SEPTEMBER 12, 2023

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss. WHAT IS A WAIVER OF SUBROGATION?

Insurance Carrier 52

Insurance Carrier Deductible Compensation General Liability 52

Property Insurance Centre

JANUARY 4, 2024

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. Increased claims, larger losses, decreased profitability, and reduced capital have prompted reinsurers to implement measures to mitigate risks and protect their bottom line.

Property Insurance 52

Property Insurance Commercial Property Liability Premium 52

American Agents Alliance

SEPTEMBER 6, 2024

As part of NSM’s best-in-class insurance programs, they deliver unparalleled niche underwriting expertise, superior customer service and specialized claims handling. With A+ rated carriers, dedicated underwriters and in-house claims team, NSM makes an agent’s job easier. AllComp also offers upfront commissions to agents.

Workers Compensation 52

Workers Compensation Insurer Insurance Insured 52

Triple-I: Workers Compensation

MARCH 21, 2023

Additionally, the increased focus on pre-loss risk management and post-loss claims management can drive members’ premiums down even further by the second and third year of membership. Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk. “The million to almost $22.3

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

ProWriters

APRIL 3, 2024

Understanding E&O Insurance Errors and Omissions (E&O) Insurance is liability coverage protecting professionals against claims for negligence, errors, or mistakes made in the course of their work. Coverage of claims made by third parties who suffer financial losses due to the insured’s actions.

Liability 52

Liability Cyber Property Damage Claim 52