Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The report was released during a members-only webinar on Oct.

Commercial 68

Commercial Underwriter Underwriting General Liability 68

LexisNexis

SEPTEMBER 17, 2024

With autonomous vehicles or AVs slowly gaining market share and the technology rapidly advancing, this is becoming an increasingly urgent question for insurance companies. Indeed, AV technology could upend the very foundations of the car insurance industry. First, some basics. They don’t need to reinvent the wheel,” Yotis said.

Auto Insurance 97

Auto Insurance Insurance Insurer Insured 97

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Friendly Agent

SEPTEMBER 21, 2020

Agents who sell insurance policies of the commercial type provide coverage to business owners with their property insurance, general liability insurance, and other kinds of coverage. Once the premium is earned, it will also be income for the insurance provider.

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Insurance Agents Insurance Agent Agents Broker-Agent 130

Word & Brown

MARCH 21, 2025

Youll want to look at: Total net worth (cash, financial accounts, investments, real estate, and liabilities such as outstanding loan balances, student debt, and other accounts, if applicable). Networking: Among the most valuable benefits of joining NABIP is being able to meet and interact with insurance industry leaders and influencers.

Insurance Agent 52

Insurance Agent Insurance Agents Agents Broker-Agent 52

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Risk Management Considerations There are many factors that come into play when considering the environmental conditions that lead to the growth of mold.

General Liability 52

General Liability Deductible Liability Property Damage 52

Distinguished

JULY 8, 2024

The primary general liability (GL) coverage has a specific geographic restriction: it is not available for hotels located adjacent to the beach in Hawaii. Her extensive experience includes roles in underwriting, claims, and risk management across various sectors, including hospitality, professional liability, and emergency services.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurer 52

Protect Commercial Insurance

SEPTEMBER 6, 2024

Businesses should also look out for more robust risk assessment tools provided by insurers, helping them identify vulnerabilities and strengthen their cyber defences. Climate Change and Environmental Liability Environmental risks are no longer concerns reserved solely for industries like manufacturing or oil and gas.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insurance 52

Protect Commercial Insurance

DECEMBER 6, 2024

This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. Climate Change and Environmental Liability Climate change represents another significant risk for businesses in 2025.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Neilson Marketing Services

OCTOBER 2, 2024

For businesses in the insurance sector, which handles vast amounts of sensitive client data, this threat is especially menacing. A single breach could lead to devastating consequences, including financial losses, legal liabilities, damage to your reputation, and the potential loss of client trust.

Cyber 104

Cyber Damage Protection Financial Loss 104

Distinguished

NOVEMBER 4, 2024

Darryl’s passion for fine art, paired with his extensive experience in the insurance industry, makes him the perfect addition to our team,” stated Patrick Drummond, President of the Fine Art and Collectibles program at Distinguished. Property and Liability products are distributed through a national network of agents and brokers.

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Broker-Agent Inland Marine Broker Agents 52

LexisNexis

MARCH 3, 2025

Review 2024 regulatory initiatives on artificial intelligence (AI) that are important for the insurance industry to understand and monitor going into 2025. Artificial Intelligence State Law Survey Do a deep dive into enacted state and notable local legislation that relates to the topic of AI.

Liability 40

Liability Insurer Insured Insurance 40

American Agents Alliance

AUGUST 26, 2024

Sponsored Post: The past several years in the Auto Insurance Industry have been nothing short of disruptive. Proven Success in Hard Times If recent events have taught us anything, it’s that the insurance industry can change quickly. The insurance landscape is not yet stable, another industry-disrupting event is coming.

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Broker Broker-Agent Insurance Industry Auto Insurance 45

Bankers Insurance

MAY 16, 2024

By fortifying homes with additional protections, such as security features, storm shutters, nonflammable building materials and a new roof or electrical system, insurance shoppers may be assessed as having lower risk levels and, therefore, save on their premiums. Reduce liability risks.

Home Insurance 52

Home Insurance Policyholder Insurance Insurer 52

Constant Contact

JULY 15, 2024

Decide how you’ll organize your business — as a corporation, partnership, limited liability company, or sole proprietorship. Obtain a license to sell insurance in your state. Buy insurance for your insurance agency. It may sound ironic, but you will need insurance to protect your insurance agency.

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Insurer Insured Insurance Insurance Agency 95

American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

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Broker-Agent Broker Agents Risk 52

Freeway Insurance

NOVEMBER 24, 2024

However, insurance as we know is actually a somewhat recent innovation. In the Middle Ages, skilled workers would have some financial support through their guild to help pay for any accidents or issuesmuch like the general or professional liability plans of today. The Newest Innovation in Car Insurance Since 1897?

Auto Insurance 52

Auto Insurance Insurer Insured Insurance 52

LexisNexis

DECEMBER 3, 2024

Get the knowledge you crave from this comprehensive and illustrated primer outlining the technical underpinnings, legal implications, and insurance coverage possibilities for liabilities stemming from artificial intelligence (AI). This practice note includes thought leadership from a machine learning researcher at SonyAI.

Insurer 40

Insurer Insured Insurance Liability 40

LexisNexis

NOVEMBER 19, 2024

Get the knowledge you crave from this comprehensive and illustrated primer outlining the technical underpinnings, legal implications, and insurance coverage possibilities for liabilities stemming from artificial intelligence (AI). Includes thought leadership from a machine learning researcher at SonyAI.

Insurer 40

Insurer Insured Insurance Liability 40

Triple-I: Workers Compensation

APRIL 20, 2021

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.

Risk 40

Risk Workers Compensation Commercial General Liability Liability 40

Protect Commercial Insurance

SEPTEMBER 13, 2024

This impartial approach allows them to access a wide array of policies from various insurers, ensuring that businesses can choose from a broad range of options. Expertise and Industry Knowledge One of the significant advantages of using a broker is their extensive knowledge of the insurance industry.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 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.

Risk 52

Risk Broker-Agent Policyholder Agents 52

Scott Insurance

APRIL 21, 2020

What liabilities are you assuming? Obtain certificates of insurance requiring sufficient insurance coverage limits and provisions. Review contracts closely to ensure you are limiting liability and transferring risk when possible. Is it FDA-approved (21 CFR 878)? To whom will you be distributing? How will you advertise?

Risk 40

Risk Liability Underwriter Underwriting 40

Jackson & Jackson

AUGUST 16, 2024

What is Homeowners Insurance? Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises.

Insurance 52

Insurance Insurer Insured Risk 52

Jackson & Jackson

MAY 22, 2024

. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. It covers property damage, loss of income, liability claims, etc. Every property is unique, with different risks and potential exposures.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Neilson Marketing Services

SEPTEMBER 11, 2024

For insurance professionals, it offers a direct way to communicate with potential customers, build relationships, and ultimately drive conversions. To help you craft targeted, effective campaigns, weve compiled these email marketing tips for insurance leads.

Insurance Agent 80

Insurance Agent Insurance Agents Agents Insurer 80

American Agents Alliance

SEPTEMBER 26, 2024

For example, if you already provide general liability insurance to a construction company, adding surety bonds to your product mix is a logical next step. The same client who needs insurance to protect their business will likely need surety bonds to maintain their licenses and to secure their contracts.

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Agents Insurance Agent Insurance Agents General Liability 40

Prof. Allan Manning

JULY 5, 2023

Just a reminder that there is only 3 weeks to go before the 2023 Mansfield Awards, which is now in its 7th year! The awards night will be held at The Establishment Ballroom, located at 252 George St, Sydney. The function starts at 6pm, with the awards portion running for approximately 1 hour, during which 6 awards will be presented.

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Claim Casualty Insurance Insurance Claim Insurance Industry 130

Property Insurance Centre

OCTOBER 18, 2024

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

Property Insurance 52

Property Insurance Premium Insurance Insurer 52

Bankers Insurance

SEPTEMBER 12, 2023

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

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Insurance Carrier Compensation Deductible Claim 52

Protect Commercial Insurance

JANUARY 10, 2025

Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products. From property damage and liability to business interruption cover, clients get everything under one roof. Continuous improvement is key to long-term success.

Building 52

Building Broker Commercial Property Commercial 52

Triple-I: Business Insurance

APRIL 4, 2024

Since some laws assign liability for notification to organizations owning the leaked data, the notification chain would stop there, leaving downstream stakeholders unaware. .” Meanwhile, as the report highlights, two other outsized trends converged: increasing complexity and risk. The notification framework conspicuously weakened, too.

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Word & Brown

FEBRUARY 20, 2025

The California DOI offers information on limited liability company requirements. Your third priority is learning the insurance industry and your target niche. The National Association of Professional Agents (NAPA) offers information on available programs for different types of agents and brokers.

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Broker License Broker-Agent Agents 52

Leadsurance

JANUARY 26, 2024

This versatility makes interactive content a valuable tool in any digital marketing strategy, catering to a wide range of industries and purposes. Insurance agents can ascertain their specific insurance needs by designing quizzes that ask pertinent questions about clients’ lifestyles, assets, and risk factors.

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Insurance Agent Insurance Agents Agents Life Insurance 52

Property Insurance Centre

MARCH 19, 2024

The Importance of Consumer Education Consumer education is a critical aspect of making informed decisions regarding insurance coverage and navigating the complexities of the insurance industry. By gaining insurance knowledge , individuals can protect their property effectively and avoid falling victim to insurance scams.

Property Insurance 52

Property Insurance Policyholder Insurance Insurer 52

Friendly Agent

DECEMBER 3, 2020

In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. Also by working as a side hustle you can start gaining experience in the insurance industry and figure out if it is right for you or not.

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Insurance Agent Insurance Agents Agents Insurance Carrier 130

Leadsurance

JULY 14, 2023

There are several steps involved when starting an insurance agent business. It will impact your personal liability protection, operational flexibility, share of profits, and tax implications. A common option for independent insurance agents is the limited liability company (LLC).

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Insurance Agent Insurance Agents Agents Insurance Agency 52