Remove Insurance Industry Remove Premium Remove Protection
article thumbnail

Florida Legislators to Investigate Whether Property Insurers Used Accounting Tricks to Hide Profits

Property Insurance Coverage Law

A new investigation into Floridas property insurance industry is set to begin, raising significant questions about insurer profitability, financial transparency, and the true reasons behind skyrocketing premiums for policyholders.

article thumbnail

What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Tariffs can also drive up inflation in the overall economy, increasing labor costs across industries. Here are some ways agents can help: Educate policyholders about costs and rising premiums.

Agents 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Florida InsurersCan Weather AnotherBig Storm This Season

Triple-I: Homeowners Insurance

AM Best and Fitch Ratings each issued reports last week warning that Milton could stretch liquidity of Florida-based residential insurers that are primarily focused on protecting in-state homeowners. But experts closer to Florida’s insurance industry cast doubt on those assertions.

Premium 111
article thumbnail

Does Commercial Property Insurance Cover Water Damage?

Tosten Marketing

Commercial property insurance water damage coverage is a complex topic with many nuances. This blog post will explore what types of water damage are typically covered, common exclusions, and additional coverage options to consider for comprehensive protection. What Water Damage Does Commercial Property Insurance Cover?

article thumbnail

Guide to Preparing Your Medicare Book of Business for Sale

Redbird Agents

Cross-Selling Opportunities: Offer related products such as life insurance, annuities , or final expense insurance. Buyers are more likely to pay a premium for an agency that has multiple revenue streams. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements.

article thumbnail

How to become an insurance agent? Ultimate guide

Friendly Agent

The movie tackles the lives of stockbrokers and also talks about the life of their partners, insurance agents. The world of insurance selling can be overwhelming. The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for.

article thumbnail

How to Protect your Business Against Frozen Pipes and Sprinkler Systems

Bankers Insurance

How to Protect your Business Against Frozen Pipes and Sprinkler Systems In the winter season, businesses encounter unique property challenges, notably the potential for frozen pipes and sprinkler systems. Exterior pipelines: Outdoor pipelines, used for landscaping, irrigation, or fire protection, are exposed to the elements.