Insurance Journal

MARCH 12, 2025

Sweeney oversees all aspects of credit risk for Concert Group, including its admitted carrier, Concert Insurance Company, its non-admitted carrier, Concert Specialty Insurance Company, and its risk … Concert Group, headquartered in Chicago, appointed Thomas G. Sweeney as chief credit officer.

Insurance Companies 187

Insurance Companies Risk Insured Insurer 187

Redbird Agents

FEBRUARY 4, 2025

It provides insurance companies and agencies with visibility into agents who have unpaid financial obligations, such as chargebacks or outstanding debts owed to a former upline. Insurance companies and agencies that subscribe to Vector One use it as a risk assessment tool when reviewing new agent contracts.

Agents 130

Agents Insurance Agent Insurance Agents Insurance Companies 130

Redbird Agents

FEBRUARY 3, 2025

If a policy lapses within the first six to nine months, the insurance company will take back your commission through a chargeback. Advanced Commissions: Provide fast cash flow but carry a higher chargeback risk if the client cancels early.

Agents 130

Agents Premium Policy Life Insurance 130

Insurance Journal

NOVEMBER 5, 2024

Losses will instead continue to be absorbed by primary insurance companies, he told analysts during … American International Group CEO Peter Zaffino said he expects the reinsurance market to remain above losses generated by the frequency and severity of natural catastrophes.

Insurance Companies 277

Insurance Companies Insured Insurer Insurance 277

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.

Premium 173

Premium Insurance Insured Insurer 173

Insurance Journal

JULY 25, 2024

Church Mutual, the church’s insurance company, had dropped them. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from his church’s accountant with some bad news. “This does not make …

Insurance Companies 240

Insurance Companies Insurance Insurer Insured 240

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. What Are Classification Rules?

Workers Compensation 103

Workers Compensation Compensation Workers Comp Premium 103

Wren Insurance Agency

OCTOBER 23, 2024

Now that we are in the thick of the official hurricane season here in Florida, you may have noticed - if you recently tried to bind a new home insurance policy - that most carriers will stop writing up to a week or two prior to a named storm possibly impacting the state.

Policy 74

Policy Insurance Companies Premium Damage 74

The Insurance Pro

MARCH 26, 2023

In today's fast-paced and unpredictable financial landscape, managing risk and achieving consistent returns is more important than ever. Life insurance companies have emerged as experts in this field, utilizing their vast resources and expertise to create well-diversified investment portfolios that deliver long-term value to policyholders.

Life Insurance 52

Life Insurance Insurance Companies Policyholder Insured 52

Boyle Agency Insurance

APRIL 4, 2025

Verifying Insurance Contact the insurance company listed on the COI to confirm that the coverage is current and valid. Risks of Hiring Uninsured Contractors Hiring uninsured contractors exposes you to significant risks.

Property Damage 61

Property Damage Injury Damage Liability 61

Zywave

FEBRUARY 25, 2025

Insurance is often regarded as a necessary evil by consumers a boring grudge purchase to protect themselves against an unfortunate event that may never happen. And many consumers suspect that the insurance company has plucked numbers out of the air to price a policy, with rates seeming to fluctuate arbitrarily.

Insured 52

Insured Insurance Insurer Broker 52

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. In this context, understanding why customers might leave and taking preemptive steps to prevent churn has become a strategic imperative for insurance companies. However, the landscape has shifted dramatically.

Risk 59

Risk Policyholder Insured Insurance 59

RiskQuoter

OCTOBER 13, 2024

Prudential is one of the most competitive life insurance companies for high risk health issues such as HIV, cancer, heart disease, diabetes, as well as for tobacco users, private pilots and much more. The post The Prudential Advantage: Insights From A licensed Life Insurance Agent appeared first on RiskQuoter.com.

Life Insurance 97

Life Insurance License Insurance Agents Insurance Agent 97

Majesco

FEBRUARY 27, 2025

And all of this is happening at the same time that the world of risk and customer needs is changing. I invited three of today’s most respected InsurTech experts to join me in weighing in on what is trending in insurance for 2025, answering some of our questions about the changes that will matter most to insurers.

Insurance Industry 74

Insurance Industry Insured Insurance Insurer 74

RiskQuoter

APRIL 26, 2024

If you have a high-risk health history or unique underwriting issue, we’ll help you find the best life insurance companies. Don’t let an underwriting issue […] The post Underwriting and High-Risk – How We Help You Get The Best Rate! appeared first on RiskQuoter.com.

Underwriter 52

Underwriter Underwriting Risk Life Insurance 52

McMahon Insurance Agency

AUGUST 7, 2024

Storm surges pose a significant threat to coastal communities, often resulting in catastrophic flooding, extensive property damage, and loss of […]

Property Damage 97

Property Damage Risk Damage Insurance Companies 97

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. A loss history report isnt just for insurance companiesits an essential tool for homeowners and homebuyers too.

Claim 52

Claim Home Insurance Damage Insurance Agency 52

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.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

Triple-I: Homeowners Insurance

JANUARY 20, 2025

Rather, new technology presents opportunities to facilitate more proactive and individualized risk management than ever before, while also enabling employees to do what this industry does best: engaging with other people. I remember when insurance companies advertised dependability and stability, Temple explained.

Insured 59

Insured Insurance Insurer Insurance Carrier 59

The Property Insurance Law Observer

SEPTEMBER 23, 2024

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

Damage 130

Damage Business Interruption Property Damage Policy 130

Boyle Agency Insurance

FEBRUARY 3, 2025

Standard home insurance policies typically have restrictions regarding vacant homes, and this specialized coverage can bridge the gap during renovation periods. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

Home Insurance 45

Home Insurance Theft License Insurance 45

American Agents Alliance

FEBRUARY 7, 2025

Social inflation and E&O risks are connected as agents must manage policyholder expectations even as claims costs rise, premiums remain high, and denials are issued for claims policyholders expected to be covered. Learn more about social inflation and E&O risks and how to manage these concerns.

Risk 52

Risk Broker-Agent Policyholder Agents 52

Tosten Marketing

FEBRUARY 27, 2025

Insurance companies expect property owners to address these problems promptly. The average flood insurance policy costs $540 a year , according to the NFIP. To protect against this risk, businesses can often add sewer and drain backup coverage as an endorsement to their existing policy.

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

The Property Insurance Law Observer

MARCH 12, 2024

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Companies, 160 Wn. Allstate Vehicle & Prop. C22-1174 TSZ, 2023 WL 9000432 (W.D. Citing to Allemand v.

Theft 130

Theft Insurance Policy Policy Personal Property 130

Top Insurance Blogs

OCTOBER 9, 2024

What do you look for in a cyber policy as a risk manager? What are some of the key factors to consider in a cyber risk assessment? appeared first on My Top Insurance Blogs.

Cyber 52

Cyber Policy Risk Insured 52

Boyle Agency Insurance

DECEMBER 3, 2024

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. Insurance companies consider your history of accidents, tickets, and traffic violations.

Premium 73

Premium Auto Insurance Out-Of-Pocket Deductible 73

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. That’s where partnering with an insurance executive search firm comes into play. Define Your Needs Clearly Effective insurance leadership starts with clarity.

Insured 130

Insured Insurance Insurer Casualty Insurance 130

ProWriters

OCTOBER 2, 2024

Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging. But when you partner with a leading wholesale Cyber Insurance broker like ProWriters, you have all the resources needed to succeed in your role. What Is a Cyber Insurance Broker? Why Is Cyber Insurance Important?

Insurance Broker 86

Insurance Broker Cyber Broker Protection 86

Majesco

MAY 23, 2024

Insurance company profit margin results right now are like trying to keep water in a leaking bucket. Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience.

Risk 40

Risk Underwriter Underwriting Insured 40

ProWriters

FEBRUARY 23, 2025

Security experts also believe China and Iran pose significant cyber risks. Merck won an appeal against and ultimately settled the coverage dispute with its insurers. But thats a pretty dangerous road to go down for an insurance company. ” Russia isn’t the only actor in current cyber geopolitics.

Cyber 53

Cyber Insured Insurance Insurer 53

Majesco

OCTOBER 10, 2024

Risk vs. reward. Perhaps there is no more appropriate location to discuss it than Las Vegas, the undisputed home of risks and rewards. Next week, many of us will meet and chat at ITC 2024, filled with the excitement of game-changing technologies and insurance startups.

Risk 40

Risk Auto Insurance Premium Underwriter 40

AMAXX

AUGUST 7, 2024

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. What Are Classification Rules?

Workers Compensation 102

Workers Compensation Compensation Workers Comp Premium 102

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 Insured 98

AMAXX

JANUARY 14, 2025

Workers’ compensation programs are a cornerstone of workplace safety and risk management. For employers , it mitigates the risk of expensive and protracted litigation that could arise from workplace injuries. Employer Advantages The exclusivity rule saves employers from significant financial and reputational risks.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Injury 98

Friendly Agent

SEPTEMBER 11, 2020

What is an insurance carrier appointment? Insurance carrier appointment means an insurance company is giving you the authorization to sell their insurance product. How long does it take to get appointed with an insurance company? Below we have provided inputs from experts in insurance agency space. “1.

Insurance Carrier 130

Insurance Carrier License Agents Insured 130

Redbird Agents

NOVEMBER 15, 2024

Recruitment: The Backbone of the Insurance Industry Insurance recruiting is more than a necessity—it’s a strategy. But insurance recruiting isn’t without challenges. High turnover, skill shortages, and a need for specialized talent like actuaries and risk management experts create a tough hiring environment.

Building 130

Building License Insurance Insured 130

Top Insurance Blogs

OCTOBER 8, 2024

With the growing, overwhelming rate of risks and perilous events even in the travel industry, there is no better time to emphasize the need for travel insurance. What is travel insurance? Several insurance companies and products exist to help cushion the effect of risks and perils associated with a particular sphere of endeavor.

Insurance 52

Insurance Insured Insurer Insurance Companies 52