Insurance Journal

DECEMBER 3, 2024

Despite continued uncertainty over the future of federal tax rules on micro-captive insurance companies, the instruments seem to be increasingly popular for small businesses, especially in Florida, where rates for traditional commercial insurance have soared in recent years. SRA 831(b) …

Commercial Insurance 260

Commercial Insurance Commercial Insurance Companies Insurance 260

Property Insurance Coverage Law

MARCH 6, 2025

It ensures that insurance companies fulfill their obligations promptly and fairly. The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders.

Commercial Property 115

Commercial Property Policyholder Commercial Property Insurance 115

Insurance Journal

DECEMBER 10, 2024

Top insurance companies suffered $10.6 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, according to Insure Our Future. Of the 28 insurers reviewed, more than … billion of climate-attributed losses this year, just shy of the $11.3

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Premium Commercial Insurance Insurer 246

Tosten Marketing

FEBRUARY 27, 2025

Water damage can wreak havoc on commercial properties, leading to costly repairs and business disruptions. At Tosten Marketing, we often hear from business owners wondering about their insurance coverage for such incidents. Commercial property insurance water damage coverage is a complex topic with many nuances.

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Commercial Property Property Insurance Damage Commercial 52

Central Insurance

DECEMBER 25, 2024

Learn essential loss control strategies to protect tow truck insurance companies from costly claims. The post Loss Control Tips to Protect Tow Truck Insurance Companies from Costly Claims appeared first on Central Insurance Blog. Explore safety tips, training, and maintenance to minimize risks.

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Insurance Companies Protection Claim Insurance 130

Insurance Journal

AUGUST 14, 2024

A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for his own use. Dwayne Peterson Davis, 54, of Atlanta, was a business partner with GEICO in a multimillion-dollar commercial development …

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Commercial Insurance Insured Insurer 298

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Liberty Mutual Insurance Company , the U.S. Court of Appeals reviewed a summary judgment ruling in favor of co-defendant West American Insurance Company (“West American”), issued by the U.S. In J&S Welding, Inc. District Court for the Western District of Tennessee.

Insurance Companies 130

Insurance Companies Damage Insurance Insured 130

Property Insurance Coverage Law

NOVEMBER 11, 2024

A recent federal appellate decision serves as a stark reminder for property managers about the importance of properly structuring insurance coverage for their property owner clients. In Sky Harbor Atlanta Northeast, LLC v.

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Commercial Insurance Insurer Insured 100

Insurance Journal

JULY 18, 2024

Four insurance companies, unable to escape a duty to defend a New York hotel where a young woman was secretly videotaped in the shower in 2015, have reached a settlement in the case that made headlines around the world. Citizens …

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Insurance Companies Insurance Insured Insurer 264

Insurance Journal

JULY 29, 2024

Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals” found in fire-stopping foam, Tyco has reached a tentative settlement with one of its insurance companies. “…We write jointly on …

Insurance Companies 264

Insurance Companies Insurance Insurer Insured 264

Insurance Journal

FEBRUARY 26, 2025

After a fire broke out at an Oklahoma motel in June 2020, the property owner submitted a loss claim to its surplus lines insurer only to find the insurer denied the claim on the assertion that a commercial lines …

Commercial 147

Commercial Insurance Insurer Insured 147

Zywave

FEBRUARY 10, 2025

Web Connectivity Limited (WCL) has been providing Digital Transformation and Process Automation SaaS solutions to the Global (Re)Insurance market for more than 20 years. WCL is the back-office software and systems integrator for large commercial insurance companies that creates greater process efficiencies.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Companies Claim 52

Protect Commercial Insurance

NOVEMBER 8, 2024

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. Having the right insurance policy is vital for the continuity and smooth operation of any business. The good news?

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Commercial Insurance Commercial Premium Deductible 52

Protect Commercial Insurance

OCTOBER 11, 2024

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

Commercial Property 52

Commercial Property Commercial Insurance Policy Policy 52

Protect Commercial Insurance

JULY 26, 2024

Welcome to our blog post on how to maximise your business growth by securing the right commercial tailors insurance. In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker.

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Commercial Insurance Broker General Liability Business Interruption 52

Jackson & Jackson

APRIL 29, 2024

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

Commercial Property 52

Commercial Property Property Insurance Commercial Deductible 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Amidst these myriad responsibilities, finding the time and expertise to secure the optimum insurance cover can be a challenge.

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Commercial Insurance Broker Commercial Broker-Agent 52

Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insured 52

Friendly Agent

SEPTEMBER 11, 2020

What is an insurance carrier appointment? Insurance carrier appointment means an insurance company is giving you the authorization to sell their insurance product. How long does it take to get appointed with an insurance company? Below we have provided inputs from experts in insurance agency space. “1.

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Insurance Carrier License Agents Insurance 130

The Property Insurance Law Observer

AUGUST 1, 2024

In Zurich American Insurance Company v. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. 2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

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Building Commercial Property Damage Policy 130

Insurance Journal

OCTOBER 31, 2024

Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the proceeds to only one of them, a federal appeals court decided this week. 11th Circuit Court of Appeals …

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Insurance Carrier Insurance Insurer Insured 264

Frankenmuth Insurance

JANUARY 9, 2025

Wondering how to choose an insurance agent? Agents who represent only one insurance company are called direct or captive agents. If you know you want a certain brand of insurance, a direct agent can work for you, but be sure to get a detailed quote first. Some offer property and casualty insurance, but not life insurance.

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Insurance Agent Insurance Agents Agents License 101

Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” To offset these challenges, reinsurers are passing costs down to primary insurance companies.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Shield Insurance Agency

AUGUST 20, 2024

One major consequence of filing small insurance claims is the potential for increased insurance premiums. When you file a claim, it signals to the insurance company that you are more likely to cost them money in the future. As a result, the insurance company may raise your premiums to offset the potential risk.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Friendly Agent

SEPTEMBER 21, 2020

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Cowbell

NOVEMBER 26, 2024

Pytel has served as Director of Digital Marketing & Brand since joining the company in January 2023. With over two decades of experience leading domestic and international marketing teams at specialty insurance companies, Thomas is uniquely positioned to help Cowbell scale during this next phase of our journey.

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Cyber Building Commercial Insurance Policyholder 52

Smart Insurance Agents

OCTOBER 15, 2024

Health Insurance Plans Accepted at Mayo Clinic change year over year, so it is important to verify coverage with your health insurance company or your health insurance agent. Physicians Plus Insurance Corp. Some Employer Health Plans, Individual, and Medicare Plans are accepted. Colonial Oil) Consociate Care, Inc.

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Insurance Insured Insurer Life Insurance 52

Shield Insurance Agency

APRIL 19, 2024

For example, if your car is damaged in an accident and the repair costs are $5,000, and you have a $500 deductible, you would pay the $500, and your insurance company would cover the remaining $4,500. Your insurance company would cover the repair costs up to the actual cash value of your vehicle, minus any applicable depreciation.

Auto Insurance 52

Auto Insurance Deductible Out-Of-Pocket Insurance 52

Word & Brown

SEPTEMBER 25, 2024

commercial, public, Medicare, Medicaid, etc.), For commercial health plan enrollment, according to the California Health Care Foundation, PPO enrollment was about one-third of HMO enrollment (2.9 If the case is urgent, the insurance company must accelerate this process. This amount includes all plan types (e.g.,

Claim 52

Claim Insurance Claim Insurance Insured 52

Bankers Insurance

JULY 22, 2024

With a commitment to excellence and a steadfast dedication to client satisfaction, Bankers Insurance LLC has established itself as a trusted partner in the insurance industry. We are contracted with hundreds of insurance companies, and coverage offerings include all major insurance lines such business, employee benefits, home and auto.

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Broker-Agent Agents Insurance Insured 64

Shield Insurance Agency

JULY 8, 2024

Getting Covered After Retirement While it may seem challenging to get life insurance coverage after retirement, it’s certainly not impossible. Many insurance companies offer specific policies tailored to the needs of retirees. Understanding the available insurance options is key to making informed decisions.

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Life Insurance Insurance Agency Insurance Insured 52

Cover4LetProperty

APRIL 16, 2024

Corporate landlords: These are companies or organisations that own and manage rental properties on a larger scale. They may own residential properties, commercial properties, or a combination of both. If the commercial property is unoccupied, then unoccupied commercial insurance will be required.

Insurance 52

Insurance Insurer Insured Property Insurance 52

American Agents Alliance

NOVEMBER 25, 2024

These two regulatory efforts work together to increase the availability of homeowners and commercial insurance policies in wildfire distressed areas. Today, reinsurance is a cost of doing business in states with increasing climate risks across the nation, enabling insurance companies to write more policies in areas of higher risk.

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Insurance Companies Risk Insurance Insured 40

Shield Insurance Agency

JUNE 28, 2024

The first and most crucial step to take after your property has been damaged by a storm is to contact your insurance company. Your insurance provider can guide you through the process and help you understand what your policy covers. Shield Insurance Agency represents over 40 insurance companies.

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Insurance Agency Damage License Protection 52

Jackson & Jackson

MAY 23, 2024

Furthermore, California’s stringent regulations and consumer protection laws add another layer of complexity to the insurance market. These regulations ensure that insurance companies operate fairly and transparently, providing consumers with adequate protection and recourse in case of disputes.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurance Insured 52

Protect Commercial Insurance

OCTOBER 4, 2024

Therefore, higher interest rates can sometimes lead to more expensive insurance. Changes in Underwriting Processes Interest rates can also shape the underwriting processes used by insurance companies. With rising interest rates, insurers might re-assess risk portfolios and adjust their criteria to ensure profitability.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insurance 52