Distinguished
OCTOBER 9, 2024
New York – Distinguished Programs (“Distinguished”), a national insurance program manager, announced an expanded partnership with Berkley Program Specialists (“BPS”), a leading provider in the industry, to underwrite its Community Associations Crime and D&O products. Starting Jan. Berkley Corporation.
ProWriters
OCTOBER 2, 2024
As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.
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Scott Insurance
NOVEMBER 9, 2021
One of these unseen costs that is significantly impacting the successful operation of affordable housing organizations is insurance. This recently published paper provides insights and analysis surrounding the use of crime scores by insurance companies in predictive modeling and how this practice has led to premium increases and/or significant (..)
Freeway Insurance
OCTOBER 26, 2023
Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place.
TGS
OCTOBER 3, 2024
Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. The more risks your area poses, the more your insurance company will charge to protect you. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company.
TGS
NOVEMBER 27, 2024
Let’s dive into some budget-friendly safety upgrades that can help you save money while giving your home insurance provider fewer reasons to worry. Why Home Safety Affects Insurance Premiums Insurance companies calculate premiums based on risk. Simply put, the safer your home, the lower the chance you’ll file a claim.
TGS
OCTOBER 25, 2024
Insurance companies take this aging process into account when assessing risk, and as your home’s structure and systems age, the likelihood of a claim increases. What You Can Do: One way to counteract the higher costs of insuring an aging home is to invest in upgrades that can reduce the risk of claims.
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