Risk Management Monitor

AUGUST 9, 2022

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

Damage 78

Damage Claim Commercial Property Deductible 78

ProWriters

NOVEMBER 12, 2024

In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. Watch our Cyber U video about why healthcare organizations need Cyber Insurance. Several major breaches have made headlines.

Cyber 87

Cyber Liability Insurance Protection Liability 87

Boyle Agency Insurance

DECEMBER 16, 2024

It is basically designed to protect you and your family from financial loss if you should suffer a catastrophic event and your other insurance policies don’t provide enough protection. This is where Umbrella Insurance comes in – to cover you like an umbrella. Do I Need Umbrella Insurance?

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Financial Loss Insurer Insurance Insured 52

Risk Management Monitor

DECEMBER 8, 2022

If your organization operates or could be sued in New York, there has been recent activity on the legal and regulatory risk landscape that risk professionals should be prepared for. For those with more complex risk financing structures, the law may also lead to the misinterpretation of the organization’s coverages.

Claim 49

Claim Insurer Insurance Insured 49

Freeway Insurance

JANUARY 3, 2025

Understanding the Current Landscape of Auto Insurance in California Californias auto coverage market is unique due to its large population, road congestion, and the presence of non-standard driversthose with driving infractions, gaps in coverage, or things like a DUI on their record.

Auto Insurance 98

Auto Insurance Premium Liability Insurer 98

LexisNexis

AUGUST 27, 2024

Read now » Related Content Cyber Insurance, Related Coverage Litigation, and Insurance Coverage for Data Breach Risk Examine issues related to obtaining insurance coverage specific to data breach risks. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

Cyber 40

Cyber Business Interruption Insurance Policy Insurance Carrier 40

Property Insurance Centre

JANUARY 30, 2024

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

Building 52

Building Insurer Insurance Insured 52

Property Insurance Centre

SEPTEMBER 25, 2024

Accidental damage is not usually covered by a normal building insurance policy. These can be added to your policy for an additional premium. Exclusions Building insurance policies will have exclusions, which are specific events or circumstances that are not covered by your policy.

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Building Insurer Insurance Insured 52

Risk Management Monitor

NOVEMBER 8, 2021

On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources. Correctly valuing insurable property is one of the most critical inputs for managing property risk.

Commercial Property 75

Commercial Property Insurer Insurance Insured 75

Triple-I: Homeowners Insurance

JUNE 19, 2024

By Max Dorfman, Research Writer, Triple-I The total value of lightning-caused homeowners insurance claims rose more than 30 percent in 2023, to $1.27 billion from $950 million in 2022, Triple-I estimates based on national claims data provided by State Farm. The number of claims rose 13.8 of Claims Avg.

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Claim Damage Protection Policyholder 52

Property Insurance Centre

JANUARY 16, 2025

Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. million properties at risk, according to the Environment Agency.

Commercial 52

Commercial Commercial Property Insurer Insurance 52

Shield Insurance Agency

JULY 8, 2024

By exploring your options and understanding the available coverage, you can find a policy that suits your requirements. Life Insurance Without Age Limit Contrary to popular belief, there are life insurance policies available that do not have age limits.

Life Insurance 52

Life Insurance Insurance Agency Insurer Insurance 52

Triple-I: Homeowners Insurance

APRIL 5, 2024

With this forecast in mind, now is ideal time for homeowners and business owners to review their policies with an insurance professional to ensure they have the right amount and types of coverage. Flood policies are offered through FEMA’s National Flood Insurance Program (NFIP) and dozens of private insurers.

Damage 52

Damage Policy Auto Insurance Insurance Policy 52

LexisNexis

FEBRUARY 4, 2025

Learn about issues that can arise for insureds and insurers when insurance policies of various durations are called upon to answer for claims and when multiple insurance policies may also apply. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

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Policy Commercial General Liability Injury Damage 40

Shield Insurance Agency

APRIL 19, 2024

Michigan is a state with unique auto insurance requirements that can sometimes be confusing to navigate. Among these requirements, collision coverage is a significant aspect that drivers should understand in order to make informed decisions about their insurance policies.

Auto Insurance 52

Auto Insurance Deductible Out-Of-Pocket Insurer 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Myth 1: “Commercial Insurance is Too Expensive” Image courtesy: Unsplash Understanding the Costs Many businesses fear that commercial insurance will break the bank, but this myth needs debunking. A single incident can be financially crippling, but insurance shields you from unprecedented risks.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurer 52

Shield Insurance Agency

AUGUST 1, 2024

As a Customer Service Representative/Account Manager at Shield Insurance Agency, your primary responsibilities will be answering phones and emails from existing customers to assist them with making changes to their current insurance policies, quoting new business and re-quoting, processing billing payments, and filing and tracking claims.

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Insurance Agency Insurer Insurance Insured 52

Shield Insurance Agency

JUNE 11, 2024

Review your home insurance policy. Click here to Download the Thunderstorm Safety Checklist and read the full article from the Red Cross More Blogs by Shield Insurance Agency Protect Your Finances: The Truth About Small Insurance Claims Shield Insurance Agency is Now Hiring!

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Insurance Agency Home Insurance Building Damage 52

TGS

OCTOBER 17, 2023

A captive agent is obligated to sell you an insurance policy with one specific carrier. In order to accomplish that, a captive agent is biased to convince you that their carrier offers the best insurance for you. Impartiality is one of the key benefits of an independent insurance agent.

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Insurance Agent Insurance Agents Agents Insurer 52

TGS

OCTOBER 25, 2024

Every year your home grows older, it becomes more prone to issues such as plumbing leaks, electrical faults, or roof damage—all of which can lead to costly insurance claims. Insurance companies take this aging process into account when assessing risk, and as your home’s structure and systems age, the likelihood of a claim increases.

Home Insurance 52

Home Insurance Premium Out-Of-Pocket Insurer 52

LexisNexis

FEBRUARY 18, 2025

states and the District of Columbia on the qualified pollution exclusion under commercial general liability (CGL) policies with respect to remaining potential claims involving pre-1986 policies or claims still in the litigation pipeline.

Commercial General Liability 40

Commercial General Liability Liability General Liability Claim 40

InsuredMine

AUGUST 27, 2024

This integration reduces the need for manual data entry, minimizes the risk of errors, and creates a more simplified process from start to finish. Multiple People Can Sign at Once For insurance policies or claims that require multiple signatures, e-signature platforms offer a significant advantage.

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Insurer Insurance Insured Claim 97

TGS

NOVEMBER 18, 2024

The Basics: Defining a No-Fault State At its core, a no-fault state is one where your car insurance policy takes care of your medical expenses and certain other costs, regardless of who caused the accident. Pros: Faster Claims Processing: Since you’re dealing with your own insurer, claims are often processed more quickly.

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Injury Auto Insurance Damage Property Damage 52

Property Insurance Centre

JANUARY 4, 2024

. “The increasing frequency and severity of weather events have made it imperative for insurers to reassess their risk models and coverage options,” says weather expert Dr. Emma Thompson. Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Bankers Insurance

AUGUST 8, 2024

Most commercial property insurance policies include coinsurance clauses, which encourage policyholders to carry reasonable and accurate coverage amounts. accountants, contractors, real estate experts, risk managers, insurance professionals and chief financial officers) when making valuation decisions.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Bankers Insurance

SEPTEMBER 12, 2023

When a contract mandates a waiver of subrogation, it means that you are relinquishing your insurance carrier’s right to seek compensation from another party, typically the party you are under contract with. Often, an endorsement is added to the policy, explicitly referencing the specific contract to clarify this.

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Insurance Carrier Compensation Deductible Claim 52

Constant Contact

JANUARY 28, 2021

Feel free to include these common questions: When should I update my life insurance coverage? Under what circumstances should I file an auto insurance claim? How do umbrella insurance policies work? Should I bundle my auto and homeowners insurance? Will my credit history influence my insurance rates?

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Insurer Insurance Insured Life Insurance 52

Property Insurance Centre

MARCH 19, 2024

By engaging with these initiatives, consumers can make informed decisions, mitigate risks, and protect their assets. Consumer Education Resources When it comes to insurance, having access to reliable resources can make all the difference.

Property Insurance 52

Property Insurance Policyholder Insurer Insurance 52

LexisNexis

MARCH 18, 2025

Managing General Agency (MGA) Agreement Use this template to contract with MGAs or Agencies in order to promote or operate an insurers line of business in a new or otherwise particularly challenging territory. Includes guidance, drafting notes, and optional clauses.

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Insurance Policy Broker-Agent Policy Agents 40

TGS

JANUARY 28, 2025

Home renovations can introduce risks to your property, so here are essential tips to protect both your home and your insurance coverage during the process. For instance, upgrading electrical panels, replacing old wiring, or installing hardwired smoke detectors can help prevent accidents and lower your insurance premiums.

Home Insurance 52

Home Insurance Protection Insurer Insurance 52

Protect Commercial Insurance

MARCH 14, 2025

Understanding Commercial Property Insurance Commercial property insurance is a crucial facet of any business’s risk management strategy. Definition and Purpose Commercial property insurance, at its core, is a type of insurance policy designed to protect business properties from various risks.

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Commercial Property Property Insurance Commercial Business Interruption 52