Remove General Liability Remove Liability Remove Policyholder
article thumbnail

New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. The five-year average count for liability claims increased 24.9 percent (2014 – 2018 at 583,756 vs. 2019-2023 at 729,191).

article thumbnail

Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

.” If you don’t have the opportunity to check out the full webinar, read on for key insights from the discussion and actionable advice for insurers, brokers, and policyholders. While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blog Post: April Fool’s-Proof Coverage: Manage Construction Risks Through Commercial General Liability Insurance

LexisNexis

Read now » Related Content Builders Risk Insurance and Its Use in Construction Projects Discover the unusual characteristics of builders risk insurance and how features of the coverage differentiate it from other commercial policies that can afford some, but not identical, protection to the policyholder.

article thumbnail

Casualty Craziness: What’s the Cause and What’s the Cure?

Zywave

General Liability, Auto, Product Liability, and Umbrella & Excess Insurance are experiencing high pricing volatility while loss costs across the board are becoming the norm. Where is the market headed? Whats the best way to navigate these turbulent waters?

article thumbnail

Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

Insuring Construction Risks through Commercial General Liability Policies Scrutinize the risks covered by the commercial general liability (CGL) policy and how to specify in a construction contract the insurance to be obtained so that coverage for construction risks is maximized.

article thumbnail

Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

Insuring Construction Risks through Commercial General Liability Policies Scrutinize the risks covered by the commercial general liability (CGL) policy and how to specify in a construction contract the insurance to be obtained so that coverage for construction risks is maximized.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

With higher rates and greater net participations, primary insurers face challenges in balancing affordability for policyholders while maintaining the necessary coverage to protect against risks. This helps to mitigate the risk of underinsured properties and ensures that policyholders have adequate coverage in place.