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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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What About Industry and Geography?

Insurance Journal

Cohen asked the speakers to discuss whether some industry-geography combinations were more palatable for casualty underwriters. Vitulli said there is “relatively good competition” for large accounts with high deductibles. “The market is actively looking to write those. If you’ve got …

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

The Insurance Pro

So we must keep in mind that the dividend interest rate leaves out things like underwriting profits and administrative expenses that also affect the final dividend payable to a policyholder. But this is a long standing practice among life insurers that is unlikely to change in the near future.

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

Distinguished

It also shows that being aware of any separate deductibles for wind or hail is an important part of assessing your clients coverage options. Human underwriting : Our underwriters assess your risks through discussion, not just algorithms. What Does Distinguisheds Insurance for Apartment Building Owners Cover?

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Affordable Housing Insurance Challenges: Understanding the Market

Scott Insurance

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. Uneven investment profits causing insurers to pursue underwriting profit, which translates to stricter underwriting criteria and declined submissions.

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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.