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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The Relationship Between Tariffs and Insurance Costs Rising tariffs could impact many different lines of business, but some experts have narrowed their focus to the effects on homeowners and auto (both personal and commercial). Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums.

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What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? Depending on the success of your insurance carrier’s efforts in the subrogation process, and the resulting reimbursement amount, the insured may be entitled to receive funds held back from their insurance carrier.

Insiders

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Proactive Tips for Businesses Facing Hail Damage Claims

Risk Management Monitor

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

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Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

Be Prepared for Health Insurance Claims Handling It is important you understand the claims process generally, and the specific policies and procedures that apply for each of the insurers/carriers/health plans that you represent. commercial, public, Medicare, Medicaid, etc.), This amount includes all plan types (e.g.,

Claim 52
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South Carolina Wind Pool Insurance Explained

TGS

Commercial businesses are also available for coverage. These can include your home’s coverage, deductible, and type of construction. Additional Windstorm Insurance Options With TGS Insurance Agency Getting the right windstorm insurance shouldn’t be complicated.

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The Pressures of Operational Optimization

Majesco

US commercial Property and Casualty insurers have obtained incredibly high results in avoiding water, non-weather losses, using IoT solutions for risk prevention. These are still missed opportunities if insurers aren’t taking advantage of them, and they represent a large portion of the portfolio of commercial property insurers.