Remove Deductible Remove Risk Remove Underwriting
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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. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.” In Mankoff v. Dallas Jan. Loss of Use.

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Workers’ Comp Cost Formula To Accurately Assess Your Risk

AMAXX

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. Say that again.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

Distinguished

We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk.

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

Distinguished

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. Without the right coverage, property owners could be exposed to significant financial and legal risks.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. At the same time, agents can work with their policyholders to improve risk management and loss control to make the account as attractive as possible when shopping for coverage.

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Collectible Guitar Insurance: A Complete Guide

Distinguished

But with value comes risk, and standard homeowner insurance policies frequently fall short when it comes to protecting one-of-a-kind instruments. Transit-related risks : Whether traveling for appraisals, exhibitions, or repairs, rare guitars face an increased risk of loss, theft, or damage and many policies wont cover transit losses.

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

Majesco

The traditional insurance customer relationship is being re-examined and, in some cases, re-energized by the need to address higher risk and higher premiums. The tipping point mindset shift a toehold for insurers in a disrupted market. From a demographic perspective, it is helpful to track Gen Z/Millennials against Gen X/Boomers.