Insurance Journal

DECEMBER 5, 2024

Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2024’s results of the Ivans Index.

Commercial 264

Commercial General Liability Commercial Property Liability 264

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents. Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Agency General Liability 40

Property Insurance Centre

FEBRUARY 24, 2025

The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums. Without proper coverage, the company had to liquidate assets to cover legal fees and compensation, ultimately forcing them to shut down.

Liability 52

Liability Protection Claim Property Insurance 52

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

Commercial lines 2024 net combined ratio remained relatively flat at 97.1 Improvements in commercial property, commercial multi-peril, and workers compensation were offset by continued deterioration in commercial auto and general liability.

Commercial 68

Commercial Underwriter Underwriting General Liability 68

Property Insurance Centre

JANUARY 4, 2024

For instance: Residential properties: Homeowners may experience higher rebuild costs due to increased prices of building materials, such as lumber and roofing materials. Commercial properties: Business owners may face higher repair costs for their establishments, particularly if specialized equipment or materials are required.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

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. This is due to a variety of factors, including inflation, health system consolidation, costly gene and cell therapies and the use of more expensive medications such as GLP-1s.

Workers Compensation 52

Workers Compensation General Liability Commercial Commercial Property 52