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Ivans Index Shows Most Commercial Lines Renewal Rates Up in November

Insurance Journal

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.

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How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Paragon Independent Insurance Agencies

At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. So, how do you determine which commercial insurance products will best protect your business? The post How Do You Know What Commercial Insurance Products Your Business May Benefit From?

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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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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

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.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Introduction Running a business comes with its fair share of expenses, and one of those is commercial insurance. This guide will teach you practical ways to save money on your commercial insurance. It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Cyber liability insurance helps cover costs related to: Data breaches Ransomware attacks Notification of affected parties Legal fees and fines Why it’s critical in California : California’s strict data protection laws, like the California Consumer Privacy Act (CCPA), mean IT businesses face higher liability if customer data is compromised.

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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. 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.