Insurance Journal

OCTOBER 8, 2024

A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers receiving significant rate increases in 2023/2024. More …

Insurance Carrier 290

Insurance Carrier Insurance Broker Broker Insurer 290

Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. Your credits for these improvements will vary from carrier to carrier.

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Insurance Carrier Policy Home Insurance Insurer 52

Insurance Journal

SEPTEMBER 4, 2024

Florida authorities have charged a Miami-area nurse practitioner and two others with creating false medical reports and attempting to defraud an auto insurance carrier out of more than $47,000. Local news reports said that investigators with the state Department of …

Auto Insurance 264

Auto Insurance Injury Insurance Carrier Claim 264

Insurance Journal

SEPTEMBER 10, 2024

In the fast-paced world of insurance, efficiency and accuracy are paramount. Insurance carriers, MGAs, and wholesalers are increasingly turning to Business Process Outsourcing (BPO) to streamline their operations. This post is part of a series sponsored by Selectsys. In this …

Insurance Carrier 244

Insurance Carrier Insurer Insured Insurance 244

Insurance Journal

AUGUST 9, 2024

reports it is buying First Indemnity of America Insurance Co. FIA), a Morris Plains, New Jersey domiciled insurance carrier specializing in surety bonds for small to medium sized contractors primarily in the Northeast states. La Jolla, California-based Palomar Holdings, Inc.

Insurance Carrier 261

Insurance Carrier Insurer Insured Insurance 261

Insurance Journal

AUGUST 2, 2024

According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s admitted insurance carrier. Orion180 has announced its expansion into the Buckeye State. Orion180 also operates in Alabama, Arizona, …

Insurance Carrier 263

Insurance Carrier Insurer Insured Insurance 263

Insurance Journal

AUGUST 12, 2024

Insurance Carriers are reducing their appetite for risk and increasing premiums. This means they are being much more selective in what they are willing to insure. This post is part of a series sponsored by TSIB. If they are going …

Risk 246

Risk Underwriting Underwriter Insurance Carrier 246

Insurance Journal

JULY 17, 2024

Georgia employers and their workers’ compensation insurers can rest a little easier after an appeals court this week narrowed the circumstances in which a state guaranty association can seek reimbursement on claims paid after staffing firms’ insurance carriers become insolvent.

Insurance Carrier 263

Insurance Carrier Compensation Claim Insurer 263

Insurance Journal

OCTOBER 15, 2024

Historically, compliance has been seen as a necessary evil for insurance carriers. This post is part of a series sponsored by AgentSync. The dynamic often pits compliance or operations teams against sales, it causes silos, and it sows division in …

Insurance Carrier 130

Insurance Carrier Insurer Insured Insurance 130

Property Insurance Coverage Law

SEPTEMBER 10, 2024

Losses from recent wildfires in California have led many insurance carriers to scale back, and some have completely ceased writing insurance in several California regions. For homeowners who have found themselves unable to find another company that will insure their property, the California FAIR Plan remains the only option.

Insurance Carrier 161

Insurance Carrier Property Insurance Insurer Insured 161

Insurance Journal

SEPTEMBER 4, 2024

In the fast-paced world of insurance, efficiency and accuracy are paramount. Insurance carriers, MGAs, and wholesalers are increasingly turning to Business Process Outsourcing (BPO) to streamline their operations. This post is part of a series sponsored by Selectsys. In this …

Insurance Carrier 130

Insurance Carrier Insurer Insured Insurance 130

Insurance Journal

AUGUST 18, 2024

New high net worth (HNW) insurance carriers were entering the market. The year was 2016. Established underwriting operations had become a consistent source of profits for investors and parent companies. Aging brokerage owners with sizable private client books of business …

Insurance Carrier 130

Insurance Carrier Underwriting Underwriter Insurer 130

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. To better serve all parties, we recommend using the 10 points highlighted in this report to initiate a conversation between insurance carriers and affordable housing operators.

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Crime Insurance Carrier Risk General Liability 52

Redbird Agents

AUGUST 28, 2023

Navigating the insurance landscape can be challenging for insurance agency owners. From understanding various acronyms and abbreviations like IMO, FMO, and MGA, to managing relationships with insurance carriers, there is a lot to consider. Frequently Asked Questions What is an IMO in insurance? Yes, I need an IMO!

Insurance Agency 130

Insurance Agency Insurance Carrier Insurance Agent Insurance Agents 130

Smart Insurance Agents

SEPTEMBER 2, 2024

Best Health Insurance Plans in Illinois: There are many different insurance carriers in Illinois that offer On and Off exchange health insurance plans. On Exchange plans are offered via Healthcare.gov , while Off-Exchange plans can be purchased directly from the insurance company. Get Health Insurance Quotes 2.

Insurance Carrier 98

Insurance Carrier Insurance Agent Insurance Agents Insurer 98

Agency Revolution

AUGUST 21, 2024

He also cultivated strong relationships with 25 core insurance carriers, wholesalers, distribution partners, and vendors, promoting collaboration and long-term success. Dan’s impressive background in both traditional and innovative insurance environments positions him uniquely to drive Agency Revolution’s enterprise sales efforts.

Broker-Agent 105

Broker-Agent Insurance Carrier Casualty Insurance Insurance Agent 105

North American Software Associates

MAY 7, 2024

Adobe Insurance Brokers is an independent insurance agency located in Morgan Hill, California. Known for being one of the state’s most trusted insurance carriers, Adobe specializes in finding affordable and reliable coverage for their customers, and the reviews speak for themselves.

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Insurance Broker Broker Insurance Carrier Insurance Agency 52

TGS

SEPTEMBER 22, 2023

There are a number of reasons why an insurance carrier can decide not to offer you a home insurance policy renewal. Homeowners insurance non renewal can happen to anyone. 3 Steps to Get Homeowners Insurance After Non Renewal 1. If you pass a follow-up home inspection, your carrier may insure you again.

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Insurance Carrier Home Insurance Insurance Quotes Insurer 52

Bankers Insurance

SEPTEMBER 12, 2023

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? Depending on the success of your insurance carrier’s efforts in the subrogation process, and the resulting reimbursement amount, the insured may be entitled to receive funds held back from their insurance carrier.

Insurance Carrier 52

Insurance Carrier Deductible Compensation General Liability 52

Friendly Agent

DECEMBER 3, 2020

Once you are licensed and registered as an insurance agent you need to get appointed by an Insurance carrier to sell their product. You can check out our article “Pro Tips for getting insurance Carrier Appointment for a new agency” to learn more about this process. This step is not easy and may take some time.

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Insurance Agent Insurance Agents Agents Insurance Carrier 130

The Property Insurance Law Observer

MAY 21, 2024

Insurance carriers should continue to ensure there is a factually developed record and work to incorporate clear and concise policy language to avoid ambiguities and unintended coverages for losses.

Policy 130

Policy Damage Insurance Carrier Insurance Companies 130

Agency Revolution

AUGUST 21, 2024

He also cultivated strong relationships with 25 core insurance carriers, wholesalers, distribution partners, and vendors, promoting collaboration and long-term success. Dan’s impressive background in both traditional and innovative insurance environments positions him uniquely to drive Agency Revolution’s enterprise sales efforts.

Broker-Agent 52

Broker-Agent Insurance Carrier Casualty Insurance Insurance Agent 52

Agency Intelligence

SEPTEMBER 23, 2022

Let’s quickly review the basics: Direct bill means the insurance carrier bills the policyholder […] Or are you simply looking for ways to bind policies, get paid, and/or move funds across the industry faster? A key consideration is how your policies are billed.

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Insurance Carrier Policyholder Policy Insurer 52

Wren Insurance Agency

AUGUST 28, 2024

In this same scenario, if you had Actual Cash Value (ACV), that couch in its current condition may only be worth $100, which is all you would receive from your insurance carrier. Having Replacement Cost Value (RCV) on your contents would cover that replacement at the full value it would cost to replace it with a new, comparable couch.

Home Insurance 98

Home Insurance Theft Insurer Insured 98

Wren Insurance Agency

AUGUST 20, 2024

Today nearly a dozen different car insurance carriers offer a "safe driving" program for customers that elect to participate. These optional programs typically include either a plug-in telematics device that you temporarily install in your car, or a mobile phone app that you download.

Auto Insurance 98

Auto Insurance Premium Insurer Insured 98

TGS

SEPTEMBER 6, 2023

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.

Insurance Policy 52

Insurance Policy Policy Home Insurance Personal Property 52

ProWriters

SEPTEMBER 23, 2024

EPL Insurance carriers often have teams of experienced professionals who specialize in employment practices. Now, however, thanks to ProWriters’ Digital IQ Platform, registered brokers can generate multiple EPLI quotes from leading insurance companies in mere minutes.

Out-Of-Pocket 52

Out-Of-Pocket Liability Insurance Carrier Broker 52

Boyle Agency Insurance

JULY 29, 2024

Chubb Masterpiece Homeowners Insurance Bogle Agency Insurance offers top Homeowners Insurance protection with Chubb Masterpiece Homeowners Insurance to NJ homeowners.

Insurer 52

Insurer Insured Insurance Insurance Carrier 52

Boyle Agency Insurance

JUNE 30, 2024

Top Insurance Carrier – Best Coverage Bogle Agency Insurance offers Chubb Masterpiece Recreational Marine Insurance to NJ clients who own boats. We provide this outstanding insurance because we feel it is the best coverage for NJ boat owners.

Insurer 52

Insurer Insured Insurance Marine 52

R&R Insurance

SEPTEMBER 12, 2024

Footnote: The Affordable Care Act (ACA) includes a provision known as the Medical Loss Ratio (MLR) which requires insurance companies to review their overall plan performance by market segments (small group and large group) to determine if they must return a portion of the premiums collected.

Premium 59

Premium Insurance Carrier Policyholder Broker 59

Scott Insurance

JANUARY 31, 2024

Our Personal Insurance team is passionate about protecting your property while providing world-class service. We proudly partner with the world’s leading insurance carriers and will ensure you receive the right coverage at the best rate. The post Why are Homeowners Insurance Rates Increasing?

Premium 52

Premium Deductible Insurance Carrier Policyholder 52

TGS

OCTOBER 3, 2023

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

Insurance Quotes 52

Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

LexisNexis

AUGUST 27, 2024

Cyber Insurance: Post-Breach Tips Video Get tips on what to do following a data breach, including having an accessible incident response plan, having counsel and forensic experts in place prior to an incident, and providing notice to insurance carriers.

Cyber 40

Cyber Business Interruption Insurance Carrier Insurance Policy 40

Scott Insurance

FEBRUARY 7, 2023

Our entire Personal Insurance team is passionate about protecting your property and assets with the best-possible coverage backed by world-class service. We will ensure you have the right coverage to meet your needs, and we proudly partner with the world’s leading insurance carriers. appeared first on Scott Insurance.

Auto Insurance 52

Auto Insurance Premium Insurance Carrier Property Damage 52

Insurance Journal

SEPTEMBER 30, 2024

Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurricane Ian, which hit much of southwest Florida two years …

Property Insurance 347

Property Insurance Claim Insurer Insured 347

Scott Insurance

FEBRUARY 27, 2024

suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance. Additionally, insurance carriers are requiring higher deductibles, which often puts affordable housing owners at odds with their lending and syndicator partners.

Deductible 52

Deductible Underwriting Underwriter Property Insurance 52

Boyle Agency Insurance

MARCH 22, 2024

Outstanding Homeowners Insurance Coverage Bogle Agency Insurance offers Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb is a leading American insurance carrier and in the interest of serving our clients’ needs, we offer the best coverage.

Insurer 40

Insurer Insured Insurance Insurance Carrier 40