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What Latest Ivans Index Shows About Commercial Lines Renewal Rate Changes

Insurance Journal

All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according to the latest monthly Ivans Index. Year over year, commercial auto, business owners, general liability, commercial property and umbrella experienced …

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What Latest Ivans Index Shows About Commercial Lines Renewal Rate Changes

Insurance Journal

All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according to the latest monthly Ivans Index. Year over year, commercial auto, business owners, general liability, commercial property and umbrella experienced …

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What is LRO Insurance?

Central Insurance

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

points year-over-year improvement, with commercial lines continuing to outperform personal lines. Commercial lines underwriting profitability remained mostly flat. Commercial lines underwriting profitability remained mostly flat. Commercial lines 2024 net combined ratio remained relatively flat at 97.1 represented a 2.3-points

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents.

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The Insights You Need for A Strong Finish to 2024

Zywave

But beyond just the employee benefits, the workers’ compensation and general liability markets are also feeling the pinch of increased medical costs. Social Inflation & Nuclear Verdicts Jury verdicts exceeding $10 million, also known as nuclear verdicts, have been plaguing several industries including the commercial auto market.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

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.