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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Insurance Journal

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

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Cowbell Resiliency Services (CRS): Empowering Policyholders with Proactive Cyber Defense

Cowbell

With the launch of Cowbell Resiliency Services (CRS) , were doubling down on that commitment, offering a range of free and subscription-based tools that help our policyholders stay ahead of the ever-evolving threat landscape. The Motivation Behind CRS Why Go Beyond Traditional Cyber Insurance? CRS is the next step in fulfilling that vision.

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Renewable Energy Offers a Cost and Opportunity to Insurance Sector

Insurance Journal

Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as insurers seek to recover the cost of “devastating claims” in regions hit by natural catastrophes, industry sources say. Unpredictable weather …

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CyberLine Quarterly: A Look at Our Innovation, Expansion, and Global Impact

Cowbell

Were proud to now underwrite businesses with up to $1 billion in revenues in the US and up to 1 billion in the UK. With each expansion, we refine our underwriting models in real-time, anchoring our promise to swiftly pay claimsover $250 million disbursed to datewhen policyholders need us most.

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Please Don’t Compare Whole Life Dividends to Universal Life Interest

The Insurance Pro

So we must keep in mind that the dividend interest rate leaves out things like underwriting profits and administrative expenses that also affect the final dividend payable to a policyholder. For this reason, we track it to determine if policyholders are likely receiving more or less dividends over time.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders. Read more to understand this relationship and how agents can help policyholders manage this uncertainty. Here are some ways agents can help: Educate policyholders about costs and rising premiums.

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The Birthday Rule: A Growing Trend in Medicare Supplement Plans

PSM Brokerage

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%