article thumbnail

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.

article thumbnail

Enhancing Workers’ Compensation and GL Underwriting with Underwriter Link

Insurance Journal

In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while ensuring compliance and maintaining efficiency. This post is part of a series sponsored by Selectsys. To overcome these …

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why janitors need workers’ compensation insurance

InsuranceBee

When it comes to cleaning businesses, one of the most common questions we’re asked is: do janitors need workers’ compensation insurance? The post Why janitors need workers’ compensation insurance appeared first on InsuranceBee Blog. It protects your employees if they get injured or hurt while working for you.

article thumbnail

Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

He highlighted the bifurcated nature of the market, with profitability in workers’ compensation being offset by severe issues in general liability and auto lines. He noted that while the workers’ compensation market remains competitive, general liability, auto, and excess lines are increasingly difficult to place.

article thumbnail

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

Paragon Independent Insurance Agencies

It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents. Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations.

article thumbnail

Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

Improvements in commercial property, commercial multi-peril, and workers compensation were offset by continued deterioration in commercial auto and general liability. General liability has worsened and is expected to be unprofitable through 2026.”

article thumbnail

Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

General liability insurance: Coverage for legal claims related to customer injuries or property damage. Liquor liability insurance: Essential for restaurants serving alcohol, this coverage protects against claims involving alleged intoxicated patrons. How Much Does Restaurant Insurance Cost in Charlotte?