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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders.

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Human Needs Drive Insurance and Should Drive Tech Solutions

Triple-I: Homeowners Insurance

As generative AI and other technological innovations help streamline the insurance value chain, such processes must continue to align with the human needs intrinsic to insurance, Kempton stressed. Insurance is a human business, Kempton said. In insurance, we talk about mitigating loss, Kempton said.

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What is a "Surplus Lines" Insurance Carrier and Do I Need One?

Wren Insurance Agency

Costs can be higher for policyholders and if a surplus lines carrier goes insolvent, existing claims will not be paid by the State. Here at Wren Insurance, we work with several surplus lines carriers to meet the needs of our clients, like Tapco , Bass , RT Specialty , AmWins , Topa and Swyfft , to name just a few.

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Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

.” If you don’t have the opportunity to check out the full webinar, read on for key insights from the discussion and actionable advice for insurers, brokers, and policyholders. While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.

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CHUBB INSURANCE FOR NJ HOMEOWNERS

Boyle Agency Insurance

Great Protection – Fair Price Bogle Agency Insurance of Lyndhurst NJ offers Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb is a top American insurance carrier that offers a quality product to NJ homeowners to protect their most valuable asset, their home.

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New IRC report indicates that Most Homeowners Expect to Experience Severe Weather in Future and Feel Prepared. 

Triple-I: Homeowners Insurance

Overall, this and other key report findings revolve around the value of proactive measures for effective preparedness and mitigation strategies to address the increasing risks posed by severe weather events and the need for collaboration between homeowners, insurers, and governments to enhance resilience against natural disasters.

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FAIR Plan Under Fire: Class Action Claims Smoke Damage Coverage Falls Short

American Agents Alliance

By Mark Robinson In July 2024, a significant class action lawsuit was filed against the California FAIR Plan, accusing the state’s fire insurance backstop of improperly denying smoke damage claims in violation of California Insurance Code Sections 2070 and 2071.

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