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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 …

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points

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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?

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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

General liability : Covers the costs of fighting litigation plus covered damages that might come from it. Employee benefits liability : This coverage protects building owners against errors or omissions in the employee benefit plans they provide. However, we can give you an idea of what will influence the costs of a policy.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

” In response to rising property losses, insurance companies have adjusted their underwriting guidelines, resulting in higher premiums and limited coverage for properties located in high-risk areas. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

The claims review should be designed to account for how frequency and severity may affect underwriting decisions so that the policyholder can move toward its coverage objectives. As a result, within about two years, the program cut the manufacturer’s workers compensation loss ratio roughly in half. Potential Benefits.

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Meet NSM Insurance Group

American Agents Alliance

As part of NSM’s best-in-class insurance programs, they deliver unparalleled niche underwriting expertise, superior customer service and specialized claims handling. With A+ rated carriers, dedicated underwriters and in-house claims team, NSM makes an agent’s job easier. AllComp also offers upfront commissions to agents.