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2025 Underwriting Trends for Worship Facilities

Insurance Journal

As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some of the most prevalent trends include: • Weather-related …

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Please Don’t Compare Whole Life Dividends to Universal Life Interest

The Insurance Pro

The post Please Don’t Compare Whole Life Dividends to Universal Life Interest appeared first on The Insurance Pro Blog. There are a lot of life insurance products out there. When looking at options for life insurance that seek to grow cash value, the selection pool does get smaller, but there are still a lot of choices.

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Court Finds Policy Term, “Windstorm,” to be Ambiguous in Coverage Dispute Involving Tornado

The Property Insurance Law Observer

Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. 29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. In Mankoff v. Dallas Jan.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders.

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

Distinguished

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.

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Are Insurance Price Increases a Tipping Point for Gen X and Boomers?

Majesco

When she recently realized that her premiums for both vehicles were nearly identical (and they had both gone up), she called her insurance agent. The agent suggested a telematics-based insurance product for the convertible to optimize pricing. She is now fully bought in to the idea of the insurance/customer partnership.

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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

Whether you are an owner, developer or property manager working in the affordable housing industry, you are undoubtedly facing challenges related to your insurance program that are impacting your business strategy and bottom line. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.