Insurance Journal

MARCH 25, 2025

Armchair analysts prognosticating the impending collapse of property & casualty insurance companies were proven wrong by recently released 2024 financial performance results. The 2024 combined ratio losses and expenses divided by premium, … The overall industry’s underwriting results were profitable.

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Insurance Journal

AUGUST 14, 2024

Like single-family homeowners in California, landlords are facing higher insurance premiums, too. Many insurance companies have stopped writing policies in the state because of increased wildfire risks, but that’s … And they’re passing along some of those costs to their tenants.

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Premium Insurer Insured Insurance 173

Boyle Agency Insurance

DECEMBER 3, 2024

That’s because several factors influence the cost of auto insurance premiums. Understanding these can help you make informed decisions about your coverage and potentially save on your auto insurance. Driving Record Your driving record is one of the most significant factors affecting your auto insurance rates.

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Premium Auto Insurance Out-Of-Pocket Deductible 73

Wren Insurance Agency

OCTOBER 23, 2024

In terms of storm damage and insurance premiums being affected, the outcome is pretty simple. The more damage, the more likely premiums will rise at renewal.

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TGS

OCTOBER 3, 2024

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Coverage Limits The amount of coverage you choose directly affects your premium.

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Leadsurance

NOVEMBER 19, 2024

How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.

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TGS

OCTOBER 25, 2024

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare.

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Final Expense Brokerage

JUNE 7, 2024

Emphasize the simplicity and convenience of obtaining final expense insurance with fewer medical requirements compared to traditional life insurance policies. "I Break down the expenses associated with final expense insurance, highlighting that premiums are frequently reasonable and can be customized to suit their situation.

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TGS

NOVEMBER 27, 2024

TGS Insurance » Blog Affordable Home Safety Improvements to Lower Your Insurance Premiums Owning a home is a dream come true—until those monthly bills remind you of the costs involved. From utilities to maintenance to insurance premiums, it adds up quickly. Check with local programs for assistance.

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Triple-I: Homeowners Insurance

JUNE 26, 2024

Homeowners insurance premium growth in Florida has slowed since the state implemented legal system abuse reforms in 2022, according to a Triple-I analysis. As shown in the chart below, average annual premiums climbed sharply after 2020. In 2022, average homeowners premium rates rose more than 17 percent, to $3,040.

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QuickQuote

JULY 29, 2023

Since life insurance companies pay out multiple claims per year, you may wonder how life insurance companies make money if claims sometimes eclipse the amount earned in premiums. The answer is that life insurance company profitability is based on more than just the amount it earns in premiums.

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Triple-I: Homeowners Insurance

JANUARY 20, 2025

Role of telematics Usage-based insurance, for instance, allows insurers to tailor auto rates based on the policyholders driving behavior, tracked by telematics. I remember when insurance companies advertised dependability and stability, Temple explained. Thats [the insurance companys] job.

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TGS

NOVEMBER 12, 2024

TGS Insurance » Blog Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums If you’ve recently dipped a toe into the world of smart home technology, you’re likely familiar with the benefits of convenience. Well, it all comes down to risk. Here are a few tips to keep in mind: 1.

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AMAXX

AUGUST 7, 2024

These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. What Are Classification Rules?

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Workers Compensation Compensation Workers Comp Premium 102

Final Expense Brokerage

MAY 15, 2024

The average insurance agent commission per year varies depending on various factors such as the type of insurance being sold and the insurance company's policies. However, it is important to note that insurance agents typically earn a percentage of the premium paid by the client.

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Boyle Agency Insurance

APRIL 27, 2024

Determinants Of Homeowners Insurance Premiums Certain factors have an effect on your homeowners insurance premium. When pursuing lower premiums in Homeowners Insurance, eliminating or reducing these considerations is essential. Below we offer some factors that may affect NJ Homeowners Insurance premiums.

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Triple-I: Homeowners Insurance

JANUARY 22, 2025

Reforms put in place in 2024 are a positive move toward repairing Louisianas insurance market, which has long suffered from excessive claims litigation and attorney involvement that drive up costs and, ultimately, premium rates. But more work is needed, Triple-I says in its latest Issues Brief.

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Freeway Insurance

JANUARY 3, 2025

Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide. This latest change could disproportionately affect communities where insurance costs already strain household budgets. As these expenses climb, insurers pass them on to drivers through higher premiums.

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Auto Insurance Premium Liability Insurer 98

TGS

FEBRUARY 28, 2025

Policy Information Details of the insurance policies under which the claims were filed. Insurance companies rely on these reports to assess risk when underwriting a new policy. If a home has a history of frequent claims, insurers may see it as high-risk, which can lead to higher premiumsor even difficulty securing coverage.

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Redbird Agents

JULY 12, 2024

The “1,2,3,4,5 Method” is a methodology that strips away all complexity for insurance agents to remember how simple hospital indemnity is to pair with Medicare Advantage plans. In a nut shell, you need ONE insurance company that offers a TWO hundred, THREE hundred, and FOUR hundred daily benefit for a total of FIVE days.

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Insurer Insured Insurance Premium 130

AMAXX

JANUARY 13, 2025

Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk. These external companies specialize in claims management, ensuring that each claim is handled efficiently.

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Workers Compensation Compensation Workers Comp Broker-Agent 98

Paragon Independent Insurance Agencies

FEBRUARY 14, 2025

Paragon Independent Insurance Agency can help determine if you need additional coverage for your expensive vehicle. You’ll pay for premiums covering liability, collision, comprehensive, and all the other major categories you would find in a standard auto insurance policy.

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Redbird Agents

JUNE 14, 2024

FIA Accumulation Highlights : Review premium requirements, fixed rates, withdrawals and more! Fixed Annuity Highlights : Inform your customers on current yields, first year bonus rates, minimum premiums and more! There are 3 common types of annuities that life insurance agents sell. Download Current Annuity Rates Now!

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License Life Insurance Agents Premium 130

AMAXX

JANUARY 14, 2025

Predictability in Costs Workers compensation insurance can transfer a portion of the financial risk associated with workplace injuries to the insurance company. Employers pay premiums for this coverage, enabling them to forecast and plan for these costs more effectively.

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Workers Compensation Compensation Workers Comp Injury 98

Smart Insurance Agents

DECEMBER 9, 2024

Affordable Premiums: Short Term Health Insurance Plans typically offer more affordable premiums compared to long-term health insurance plans. Cost: Evaluate the premiums, deductibles, copayments, and out-of-pocket maximums associated with each plan. Agile Health Insurance 5. Pivot Health 4. Everest Prime 9.

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Redbird Agents

JULY 18, 2024

Compare quotes available to you from up to 30 insurance companies. Several Policy Options and Companies One of Choice Mutual’s strengths is the number of companies it partners with. Other agencies typically have only 1-3 insurance companies they can offer you.

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Friendly Agent

SEPTEMBER 21, 2020

Then, you will have to submit your licensing application and go through a background check before you qualify as a licensed insurance agent. Is selling life insurance a good job at 20 years old? At 20 years old, you may be a target market of insurance companies. However, take note that there are limitations.

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Smart Insurance Agents

OCTOBER 13, 2024

Understanding dental insurance policies without waiting periods can help you make an informed decision when choosing the right plan for your dental needs. Our editorial team at Smart Insurance Agents uses a data-driven methodology to evaluate insurance companies, ensuring that all companies are measured equally.

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Out-Of-Pocket Deductible Insurer Insured 97

Bankers Insurance

SEPTEMBER 6, 2024

Whole life insurance is the most basic type of permanent coverage, providing lifetime protection while building cash value that you can borrow against, withdraw or use to pay future premiums. While whole life premiums are more expensive than term insurance initially, they remain stable over the life of the policy.

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LexisNexis

FEBRUARY 11, 2025

Gavin Newsom (D) as a result of the fires, insurers were required to pay up to 30 percent of a policyholders contents coverage limit, up to a maximum of $250,000, without itemization. ( Ron DeSantis (R) proposed spending about $590 million on a program to help lower insurance premiums by strengthening homes against hurricanes.

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Personal Property Policyholder Insurer Insured 40

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. As a result, the insurance company may raise your premiums to offset the potential risk.

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Freeway Insurance

OCTOBER 8, 2023

Freeway Insurance is a company well known for making sure that drivers across the United States have good insurance coverage. The average cost of auto claims is important to both insurance companies and people who have insurance. What Is A Car Insurance Claim? This is called a premium increase.

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Auto Insurance Insurance Claim Claim Out-Of-Pocket 52

R&R Insurance

SEPTEMBER 12, 2024

These rebates may be in the form of a premium credit or a lump-sum payment. For the small employer market segment, the insurance carriers must demonstrate that they spent $0.80 Issuers who did not meet the applicable MLR percentage for the last calendar year must provide rebates to plan sponsors by September 30th.

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Agency Intelligence

MAY 1, 2023

NEW PRODUCT RELEASE: Introducing Finance Connect We’re thrilled to announce the addition of Finance Connect to our suite of insurance payment and reconciliation products for insurance companies. Premium financing […]

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Scott Insurance

JANUARY 31, 2024

has seen an increase in their homeowners insurance premium. According to Money.com , an independent publisher, recent year-over-year premium increases have averaged 20%, and policyholders should expect to see at least a 10-15% increase in 2024. What can you do to impact your homeowners premium?

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Protect Commercial Insurance

OCTOBER 4, 2024

How Interest Rates Influence Insurance Costs Insurance premiums are sometimes indirectly influenced by interest rates. Here’s how: insurers rely on investment income to keep premiums competitive. When interest rates rise, the returns on these investments can increase, potentially affecting premium rates.

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Property Insurance Out-Of-Pocket Premium Insurer 52

Scott Insurance

SEPTEMBER 5, 2023

Insurance companies have taken notice of this potential liability and have responded with action. Many insurance companies are hesitant (or, more commonly, simply refuse) to insure elderly affordable housing communities with installed call-for-aid systems.

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