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The Insurance Industry Faces Growing Wildfire Risk in California

American Agents Alliance

The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders.

Agents 52
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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

This brief provides an overview of how several factors, including skyrocketing costs from litigation, pose risks to coverage affordability, availability, and other potential economic outcomes for Georgia residents. Data indicates that litigation costs have become a pervasive concern for risk management.

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Is your Agency Climate-Ready for 2025? The Role of insurtech on Risk Management

InsuredMine

This includes insurance solutions that transfer risk and provide financial support for rebuilding efforts. Its about reducing the risks of future climate-related costs and creating conditions for sustainable growth in a world thats already feeling the effects of climate change.

Risk 105
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From Risk to Retention: Transforming Insurance with Predictive Churn Analytics

InsuredMine

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. Understanding Predictive Churn Analytics Predictive churn analytics is revolutionizing the insurance sector by enabling companies to shift their focus from traditional risk assessment to proactive customer retention strategies.

Risk 59
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The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

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.

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New IRC report indicates that Most Homeowners Expect to Experience Severe Weather in Future and Feel Prepared. 

Triple-I: Homeowners Insurance

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.