Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. However, filing small insurance claims can have long-term financial consequences.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Boyle Agency Insurance

MAY 3, 2024

This Bogle Agency Insurance blog post will guide you through the necessary steps to take after a disaster strikes and how to navigate the home insurance claims process smoothly. Home Insurance Claim Step I: Assess the Safety of Your Home After a disaster, the safety of you and your family should be the top priority.

Home Insurance 52

Home Insurance Insurance Claim Claim Damage 52

TGS

FEBRUARY 28, 2025

This is where a loss history report comes inits like a propertys report card for past insurance claims. A loss history report provides a record of insurance claims filed on a property, typically over the past five to seven years. This report includes: Claim Details Dates of past claims, type of loss (e.g.,

Home Insurance 52

Home Insurance Claim Damage Insurance Agency 52

American Agents Alliance

FEBRUARY 7, 2025

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation. Check out our program and rates as you consider your coverage needs.

Broker-Agent 52

Broker-Agent Risk Policyholder Agents 52

LexisNexis

APRIL 1, 2025

Learn how to specify the insurance to be obtained in a building contract so coverage for construction risks is maximized. Impact of Climate Change on Coverage under Builder's Risk Insurance Policies for Renewable Energy Projects Explore issues that might arise under a standard builder's risk insurance policy.

Commercial General Liability 40

Commercial General Liability General Liability Commercial Liability 40

Property Insurance Coverage Law

JANUARY 26, 2025

Is an Invasion Covered Under a Commercial Insurance Policy? It was Gasparilla Day in Tampa yesterday. I wrote about this invasion by pirates last year in Is There Coverage For Pirates? Chip Merlin and His Friends Plunder Tampa on Gasparilla Day!

Commercial Insurance 202

Commercial Insurance Insurance Policy Commercial Policy 202

Triple-I: Homeowners Insurance

JANUARY 13, 2025

While the perception of overall severe weather risks varies significantly by region, 65 percent of the participants nationwide believed their home is at risk from thunderstorms, according to the new report, Catastrophic Weather Events and Mitigation: Survey of Homeowners by the Insurance Research Council (IRC), a division of The Institutes.

Policyholder 79

Policyholder Claim Premium Risk 79

Prof. Allan Manning

FEBRUARY 24, 2024

L oss Management International (Post loss Claims Preparation and Loss Adjusting) , Risk Management International (Pre Loss policy program reviews and business interruption sum insured reviews), and Claims Management International (Post Loss Third Party Administration services) based in Melbourne, Australia.

Business Interruption 130

Business Interruption Claim Policy Insurance Industry 130

Risk Management Monitor

JANUARY 27, 2022

In a presentation at the RIMS TechRisk/RiskTech virtual event , Scott Stransky, managing director and head of the Cyber Risk Analytics Center at Marsh McLennan, outlined some of the key data that can help companies get a full view of their risk. and consider alternative terms and conditions.

Cyber 66

Cyber Underwriter Underwriting Risk 66

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. The year 2023 set two records: the most reported healthcare data breaches (725) and the most breached records (more than 133 million).

Cyber 87

Cyber Liability Insurance Protection Risk 87

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.

Damage 78

Damage Claim Commercial Property Deductible 78

Insurance Journal

JANUARY 21, 2025

As a rare snowstorm was bearing down on northern Florida, Gov. Ron DeSantis on Monday declared a state of emergency for the region, readying the National Guard and state agencies to respond as needed. Alabama’s governor also declared a state …

Insurance Claim 243

Insurance Claim Claim Risk Insurance 243

Triple-I: Homeowners Insurance

MAY 8, 2024

homeowners insurance claims, the state accounts for nearly 71 percent of the nation’s homeowners claim-related litigation, according to Florida’s Office of Insurance Regulation. One factor keeping upward pressure on rates is fraud and legal system abuse. With only 15 percent of U.S.

Premium 52

Premium Insured Insurance Insurer 52

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. 1, 2025 is here.

Auto Insurance 98

Auto Insurance Premium Liability Insurance 98

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 Insurance Insurer Insured 75

Boyle Agency Insurance

DECEMBER 16, 2024

It may be especially beneficial if you have significant assets, have a teenage driver, or perhaps are in a high-risk profession, such as doctors, lawyers, business owners. you may be at a higher risk of being sued for a lot of money. High-risk professions may put you at greater possibilities for malpractice or negligence lawsuits.

Financial Loss 52

Financial Loss Insurance Insurer 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 Insurance Insurer Insured 49

Frankenmuth Insurance

DECEMBER 11, 2024

Creating one will help you identify your risks, back up your key business functions, effectively communicate when disaster strikes, protect your information technology and assets, and know how to respond to potential threats. How to file a claim. Document damage with photos and keep detailed records to support your claim.

Agents 75

Agents Claim Protection Damage 75

Shield Insurance Agency

JULY 2, 2024

Shield Insurance Agency Blog | Shielding Your Wealth | Start A Quote at this Link! With the right planning strategies and risk management techniques, you can achieve financial security and legal protection for your assets. Let us help you master the art of shielding your wealth with expert techniques and sound insurance advice.

Insurance Agency 52

Insurance Agency Life Insurance Protection Risk 52

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 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 Insurance Insurer 52

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

Claim 52

Claim Damage Protection Policyholder 52

Triple-I: Homeowners Insurance

MARCH 4, 2025

According to the states Office of Insurance Regulation (OIR), Florida in 2022 accounted for nearly 71 percent of the nations homeowners claim-related litigation, despite representing only 15 percent of homeowners insurance claims. The average risk-adjusted cost for 2024 was -0.7

Premium 52

Premium Claim Auto Insurance Property Insurance 52

LexisNexis

JANUARY 28, 2025

This practice note discusses project delays due to defects or deficiencies, poor coordination or communication with the owner or other members of the design/construction team, or the discovery of defects during or after the project, as well as claims involving construction accidents or personal injuries that occur within the construction area.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

LexisNexis

JANUARY 28, 2025

This practice note discusses project delays due to defects or deficiencies, poor coordination or communication with the owner or other members of the design/construction team, or the discovery of defects during or after the project, as well as claims involving construction accidents or personal injuries that occur within the construction area.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

TGS

NOVEMBER 5, 2024

These questions help insurers figure out who’s on the property most of the time and for what purpose. After all, a home that’s rented out or left unoccupied part of the year faces different risks than one where you’re living day in and day out. Location-Specific Risks: Is Your Home Prepared for Nature’s Wrath?

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Underwriter Underwriting Insurance Insured 52

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.

Insurance 52

Insurance Insurer Insured Building 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 Insurance 52

Bankers Insurance

NOVEMBER 15, 2023

Where are Pipes and Sprinkler Systems Most at Risk of Freezing? Pipes and sprinkler systems face a higher risk of freezing in specific areas of a building or property where temperatures can significantly drop during cold weather. Running water is less likely to freeze, reducing the risk of burst pipes.

Protection 52

Protection Damage Building Property Damage 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. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 52

LexisNexis

JANUARY 7, 2025

Bad Faith as a Continuum Analyze information about the present bad faith environment; including guidance on some of the things claims professionals (in consultation with counsel) and/or defense counsel in a bad faith action can do during claims handling to avoid or mitigate the risk of a viable bad faith claim.

Damage 40

Damage Claim Insurance Insurer 40

Boyle Agency Insurance

APRIL 27, 2024

Credit History – Regarding the determination of insurance rates, your credit history is a factor. This is in the interest of reducing fraudulent claims. Manage Risk And Keep Insurance Costs Lower Working at lowering the risk of an insurance claim can help reduce premium cost.

Premium 40

Premium Deductible Insurance Insurer 40

Triple-I: Homeowners Insurance

APRIL 5, 2024

Learn More: Triple-I “State of the Risk” Issues Brief: Hurricanes Triple-I “State of the Risk” Issues Brief: Flood FEMA Highlights Role of Modern Roofs in Preventing Hurricane Damage Hurricanes Drive Louisiana Insured Losses, Insurer Insolvencies INFOGRAPHICS What are Hurricane Deductibles?

Damage 52

Damage Policy Auto Insurance Insurance Policy 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 Insurance 52

Shield Insurance Agency

JUNE 28, 2024

Taking these precautionary measures can significantly reduce the risk of falling victim to scam artists posing as legitimate contractors. Contact Shield Insurance Agency at (616) 896-4600 for a free quote today or start the quoting process by visiting this LINK and an agent will be in touch soon.

Insurance Agency 52

Insurance Agency Damage License Protection 52

Insurance Journal

OCTOBER 14, 2024

Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40 million to $53 million), according to figures provided by Israel’s tax authority, making it the costliest since the start of …

Damage 305

Damage Insurance Claim Claim Insurance 305

Property Insurance Centre

SEPTEMBER 25, 2024

If your property is located in an area with a high risk of natural disasters, such as floods or earthquakes, your insurance premiums will be higher. If your property is older or in poor condition, it may be more at risk of damage or deterioration, which can result in higher insurance premiums.

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Building Insurance Insurer Insured 52