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Strike’s Duration Will Determine Impact on P/C Insurance Industry

Triple-I: Business Insurance

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The potential for insured values to rise based on replacement costs, supply chain delays, and labor shortages means agents should review and recommend coverage adjustments when needed. Stay ahead of changing trends and issues affecting the insurance industry, like rising tariffs, with the American Agents Alliance.

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4 factors impacting car insurance rates right now.

Frankenmuth Insurance

That means bigger financial hits for insurance companies. Factor #4: New insurance risks from electric vehicle sales. Electric vehicles are rising in popularity, but they’re causing a turn in the insurance industry. This content was developed for general informational purposes only.

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Mold: Impacts on the Affordable Housing Industry

Scott Insurance

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. Generally, these policies have higher deductibles than standard policies – $25k, $50k, or $100k are common deductibles.

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What is Subrogation and How Does it Work?

Bankers Insurance

In this scenario, you file a claim using your collision coverage and receive a check from your insurer to cover the repair costs, minus your deductible. After this, your carrier has the right to seek compensation from the insurance carrier of the at-fault party. HOW LONG DOES SUBROGATION TAKE?

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The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation.

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9 Insurance Blog Topics to Attract Leads to Your Agency

Constant Contact

This infographic from the Doeren Mayhew Insurance Group demonstrates the power of visuals for blogs. Q&A features In-depth content is vital to establishing your company as a respected resource within the insurance industry. This is a difficult objective to accomplish in the insurance industry.

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