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How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry

Scott Insurance

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Crime scores treat all crimes as equal, thereby failing to take into account heightened general liability risk associated with certain types of crime.

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What is Subrogation and How Does it Work?

Bankers Insurance

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss. WHEN DOES SUBROGATION OCCUR?

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Who Should be Named in a Builder’s Risk Policy?

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How to become an insurance agent? Ultimate guide

Friendly Agent

You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more. It has been part of their duty to perfectly understand the situation, requirements, and needs to find them the best insurance policy that fits their budget.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Addressing the Discrepancy To address the discrepancy between outdated property valuations and current market conditions, insurance carriers are implementing measures to ensure that property values are assessed accurately. Social inflation and rising claim costs are top concerns for liability insurers.