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CIAB: Clear Evidence of Softening Commercial P/C Market Conditions in Q2

Insurance Journal

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

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What is a Managing General Agent (MGA) in Insurance?

Distinguished

MGAs operate as an extension of specific insurers. Specialization: Brokers typically offer a broad range of standard insurance products, while MGAs specialize in niche markets like cyber liability, HOA insurance, and high-risk commercial properties. What are the Benefits of Partnering With an MGA?

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

A tech startup, for instance, might prioritise cybersecurity insurance, whereas a café may need more coverage for property and liability. By working closely with an insurance agent, you can create a policy that fits like a glove, ensuring your business is adequately protected without paying for extraneous coverages.