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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders.

Agents 52
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Human Needs Drive Insurance and Should Drive Tech Solutions

Triple-I: Homeowners Insurance

Role of telematics Usage-based insurance, for instance, allows insurers to tailor auto rates based on the policyholders driving behavior, tracked by telematics. The success of these devices has spurred numerous insurance carriers, including Nationwide, to pay for and distribute them to customers.

Insurer 59
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What is a "Surplus Lines" Insurance Carrier and Do I Need One?

Wren Insurance Agency

Costs can be higher for policyholders and if a surplus lines carrier goes insolvent, existing claims will not be paid by the State. Here at Wren Insurance, we work with several surplus lines carriers to meet the needs of our clients, like Tapco , Bass , RT Specialty , AmWins , Topa and Swyfft , to name just a few.

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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.

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CHUBB INSURANCE FOR NJ HOMEOWNERS

Boyle Agency Insurance

Great Protection – Fair Price Bogle Agency Insurance of Lyndhurst NJ offers Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb is a top American insurance carrier that offers a quality product to NJ homeowners to protect their most valuable asset, their home.

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New IRC report indicates that Most Homeowners Expect to Experience Severe Weather in Future and Feel Prepared. 

Triple-I: Homeowners Insurance

Also, 68 percent of participants who filed claims said they used Assignment of Benefits (AOB) to authorize the repair company to bill the insurance carrier. Fifty-four percent reported hiring public adjusters to handle repairs and insurance claims. Policyholders lose the ability to work through and settle the claim efficiently.

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Agency Bill Or Direct Bill: It Pays To Prepare For Both

Agency Intelligence

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.