Insurance Journal

MARCH 25, 2025

The Florida Office of Insurance Regulation provides a rate comparison tool on its website for homeowners’ and auto insurance, allowing consumers to view estimated premiums for limited types of properties and policyholders. Under a bill approved by the Florida Senate …

Auto Insurance 195

Auto Insurance Policyholder Premium Insurance 195

Property Insurance Coverage Law

DECEMBER 28, 2024

Americas housing market is teetering on the edge of a crisisa situation fueled by climate change, soaring insurance premiums, underinsurance, and systemic failures in addressing these growing risks.

Premium 185

Premium Property Insurance Insurance Insured 185

Insurance Journal

AUGUST 29, 2024

property/casualty insurance industry recorded a net underwriting gain of $3.7 “After years of consistent losses, premium growth is helping the overall … billion and net income of $94.6 billion for the first-half of 2024, according to a new report.

Insurance Industry 278

Insurance Industry Underwriter Underwriting Casualty Insurance 278

American Agents Alliance

APRIL 3, 2025

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

Agents Policyholder Premium Auto Insurance 52

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Recently introduced state tort reform legislation may help to stabilize insurance costs.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Triple-I: Homeowners Insurance

JANUARY 20, 2025

As generative AI and other technological innovations help streamline the insurance value chain, such processes must continue to align with the human needs intrinsic to insurance, Kempton stressed. Insurance is a human business, Kempton said. In insurance, we talk about mitigating loss, Kempton said.

Insurance 59

Insurance Insured Insurer Insurance Carrier 59

The Insurance Pro

DECEMBER 29, 2024

Key Things to Know Whole life insurance dividend options provide policyholders with flexibility and versatility. The four original options are: receiving dividends in cash, using dividends to reduce or pay premiums, purchasing paid-up additions, and accumulating dividends at interest.

Life Insurance 98

Life Insurance Policyholder Insurance Insured 98

Zywave

MARCH 3, 2025

The casualty insurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. And when you take into consideration that Direct Premiums Written (DPW) increased by 2.0%

Casualty Insurance 52

Casualty Insurance Policyholder Liability General Liability 52

Zywave

NOVEMBER 13, 2024

Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk.

Cyber 97

Cyber Policyholder Insurance Insured 97

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market. in 2024 vs. 13.0%

Underwriter 52

Underwriter Underwriting Policyholder Premium 52

LexisNexis

FEBRUARY 11, 2025

The notice, which doesnt have the force of law, gave insurers until Feb. 28 to inform the Department of Insurance by Feb. 23 Lara issued a bulletin reminding insurers and adjusters that under the state of emergency declared by Gov. 28 whether they will comply with Laras request.

Personal Property 40

Personal Property Policyholder Insurance Insured 40

Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. In addition, the brief says, the number of insurers writing business in the state has rebounded after a multi-year exodus.

Premium 52

Premium Claim Auto Insurance Property Insurance 52

Smart Insurance Agents

DECEMBER 9, 2024

Short Term Health Insurance Illinois: No longer available as of January 1, 2025. STLD Plans – As of January 1, 2025, Short-term Limited Duration Plans are no longer permitted to be sold in Illinois, helping to ensure that residents are not misled about whether they are purchasing comprehensive health insurance.

Out-Of-Pocket 98

Out-Of-Pocket Insurance Insured Insurer 98

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief. With only 15 percent of U.S.

Premium 52

Premium Insurance Insured Insurer 52

PSM Brokerage

JANUARY 23, 2025

Flexibility: Medicare supplements allow policyholders to see any doctor or specialist who accepts Medicare, without network restrictions. Stability: Once enrolled, clients can keep their plans as long as they continue to pay premiums.

Out-Of-Pocket 77

Out-Of-Pocket Agents Life Insurance Policy 77

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.

Premium 52

Premium Property Insurance Claim Policyholder 52

Distinguished

MARCH 20, 2025

In Philadelphia, housing code violations are a major concern for property owners and insurers alike. Today, we speak with Katie Vespia, President of Distinguisheds Real Estate program , to break down the common violations in the city, the fines and penalties imposed, the resolution process, and how these issues affect insurance coverage.

Broker 52

Broker License Insurance Broker Risk 52

Triple-I: Homeowners Insurance

JANUARY 13, 2025

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.

Policyholder 79

Policyholder Claim Premium Risk 79

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. We speak with Katie Vespia, President of Distinguisheds Real Estate program , to discuss common violations, associated fines, the resolution process, and how these issues impact insurance coverage.

Building 59

Building Damage Insurance Broker Underwriter 59

Distinguished

MARCH 19, 2025

In San Francisco, housing code violations are a major concern for property owners and insurers alike. Today, we speak with Katie Vespia, President of Distinguisheds Real Estate program , to break down the common violations in the city, the fines and penalties imposed, the resolution process, and how these issues affect insurance coverage.

Building 52

Building Broker Damage Insurance Broker 52

LexisNexis

NOVEMBER 5, 2024

CENTER SQUARE ) WA Considering Delay of New Insurance Premium Change Transparency Requirement Washington State Insurance Commissioner Mike Kreidler (D) has proposed delaying Phase 2 of a recently adopted insurance premium change transparency rule for two years, from June 2027 to June 2029.

Premium 40

Premium Auto Insurance Insurance Carrier Policyholder 40

Bankers Insurance

MAY 16, 2024

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. WHAT HAPPENED IN 2023?

Home Insurance 52

Home Insurance Policyholder Insurance Insured 52

Distinguished

MARCH 21, 2025

In Chicago, housing code violations not only affect tenant safety and property values but also play a critical role in insurance risk assessments. Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners. Insurance brokers are pivotal in this arena.

Building 52

Building Insurance Broker Broker Damage 52

Property Insurance Centre

MAY 17, 2024

The Insurance Act 2015 IMPORTANT INFORMATION – PLEASE READ Duty of Fair Presentation The Insurance Act 2015 imposes an obligation on all policyholders to “make a fair presentation of the risk” prior to the policy commencing. What happens if I do not fairly present the risk?

Premium 52

Premium Insurance Insured Insurer 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. This could lead to an E&O claim as policyholders are disappointed in claims outcomes.

Broker-Agent 52

Broker-Agent Risk Policyholder Agents 52

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?

Premium 52

Premium Insurance Deductible Insured 52

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.

Property Insurance 52

Property Insurance Policyholder Insurance Insured 52

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. However, filing small insurance claims can have long-term financial consequences.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Protect Commercial Insurance

OCTOBER 4, 2024

But what does this mean for property owners and their insurance needs? As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Recent years, however, have seen gradual rises, sparking concerns in many sectors, including real estate and insurance. However, there’s a flip side.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insurance 52

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.

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Distinguished

MARCH 17, 2025

In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. We speak with Katie Vespia, President of Distinguisheds Real Estate program , about common NYC violations, their fines, resolution processes, and the impact on insurance coverage. First, there are heating and hot water issues.

Broker 52

Broker Insurance Broker Building Underwriter 52

InsuredMine

MAY 20, 2024

Insurance has always been a tricky thing, hasn’t it? Maybe it’s because of a risky job or an unusual situation that makes them too “risky” in the eyes of traditional insurance agencies. And get this some even let you pay as you go instead of heavy annual premiums. But what are they supposed to do then?

Insurance 52

Insurance Insured Insurer Premium 52

Triple-I: Homeowners Insurance

JUNE 27, 2024

By Lewis Nibbelin, Guest Blogger for Triple-I Home and auto insurance premium rates have been a topic of considerable public discussion as rising replacement costs and other factors – from climate-related losses to fraud and legal system abuse – have driven rates up and, in some states, crimped availability and affordability of coverage.

Underwriter 52

Underwriter Underwriting Insurance Insured 52

TGS

OCTOBER 30, 2024

TGS Insurance » Blog 5 Must-Know Tips for Comparing Home Insurance Quotes Choosing the right home insurance policy can sometimes feel like trying to find the perfect coffee order—it’s a delicate balance between what you need and what works best for your wallet. The same thing happens with insurance. More savings.

Insurance Quotes 52

Insurance Quotes Home Insurance Deductible Out-Of-Pocket 52

R&R Insurance

SEPTEMBER 12, 2024

Employers with insured group health plans may soon receive a medical loss ratio (MLR) rebate from their health insurance issuers. 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

Premium 59

Premium Insurance Carrier Policyholder Broker 59

Protect Commercial Insurance

FEBRUARY 10, 2022

These rules came into effect for Home & Private Motor insurance. Whilst we’re predominantly a commercial insurance broker, the new ruling affects our high-value household policies. During th e term of cover, at any time a policyholder may opt-out of auto-renew. Premium reductions? Premium increases?

Premium 52

Premium Broker Commercial Insurance Commercial 52

Smart Insurance Agents

SEPTEMBER 7, 2024

Understanding Dependent Definition For Health Insurance Key Highlights A dependent in health insurance refers to a person eligible for coverage under your plan, typically including spouses and children. The definition of a dependent can vary depending on the insurance provider and specific plan.

Policyholder 52

Policyholder Insurance Insured Insurer 52