Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. Rising claim frequency and litigation costs put coverage affordability and availability at risk.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Triple-I: Homeowners Insurance

NOVEMBER 5, 2024

For residents of both communities, this news comes as no surprise; their flood-resistant infrastructure and solar panel power systems have helped them survive several storms and hurricanes with only minor damages, demonstrating the utility of disaster resilience planning. Such planning is expensive to implement.

Premium 59

Premium Risk Property Damage Damage 59

Bankers Insurance

MAY 16, 2024

Additionally, more and more people live in wildland-urban interfaces, where homes can be particularly vulnerable to severe weather damage. As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers.

Home Insurance 52

Home Insurance Policyholder Insurance Insured 52

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. The primary area where there is opportunity to implement proactive risk management practices is related to moisture.

General Liability 52

General Liability Deductible Liability Property Damage 52

Bankers Insurance

NOVEMBER 15, 2023

How to Protect your Business Against Frozen Pipes and Sprinkler Systems In the winter season, businesses encounter unique property challenges, notably the potential for frozen pipes and sprinkler systems. These issues can lead to expensive damage, operational disruptions, and potential safety hazards.

Protection 52

Protection Damage Building Property Damage 52

Property Insurance Centre

MARCH 19, 2024

The Importance of Consumer Education Consumer education is a critical aspect of making informed decisions regarding insurance coverage and navigating the complexities of the insurance industry. By gaining insurance knowledge , individuals can protect their property effectively and avoid falling victim to insurance scams.

Property Insurance 52

Property Insurance Policyholder Insurance Insured 52

Zywave

NOVEMBER 20, 2024

Commercial Property: Extreme weather events continue to lead to extreme property damage. Repairing this damage also continues to be more expensive due to inflation. Employers should prioritize mental health resources and clear policies to handle workers’ comp claims as efficiently as possible.

Workers Comp 52

Workers Comp Commercial Property Cyber Commercial 52