Scott Insurance

FEBRUARY 27, 2024

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

Deductible 52

Deductible Underwriter Underwriting Property Insurance 52

Distinguished

FEBRUARY 24, 2025

Distinguisheds Restaurant Insurance program offers brokers in Charlotte a range of coverages that address the unique risks facing modern restaurants. Key coverages we offer include: Property insurance: Protection for buildings, equipment, and inventory against fire, theft, and natural disasters.

Liability 52

Liability Liability Insurance Insurer Insured 52

Majesco

FEBRUARY 13, 2025

Climate risk is growing, and a greater number of Cat events are threatening people and their property. Unsafe driving, inflation, and auto repair costs are responsible, in part, for rising premiums. Our short-term response is raising the cost of insurance. The global specialty insurance market was valued at $104.7

Risk 52

Risk Insurer Insured Insurance 52

Property Insurance Centre

AUGUST 8, 2024

However, if it goes more long term the insurers can at worst pull cover entirely leaving you to search the market for an alternative, or perhaps apply more stringent conditions and charge a rather large additional premium – usually refundable on a pro-rata basis, assuming you are able to let the property out again!

Insurance 52

Insurance Insurer Insured Premium 52

Property Insurance Centre

NOVEMBER 11, 2024

These are just some of the excuses we hear of from the question of, “ Why can’t I get insurance ?” ” or can’t get the insurance you deserve for that matter – insurance with reasonable premiums and without unnecessary restrictions.

Insurance 52

Insurance Insurer Insured Premium 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. But as the state’s bodily injury claims climb well over the national average, more reform is needed to return insurance profitability to the state.

Out-Of-Pocket 65

Out-Of-Pocket Broker-Agent Premium Claim 65

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 52

Building Damage Insurance Broker Underwriter 52

Majesco

NOVEMBER 21, 2024

By moving the business to next-gen cloud intelligent core platforms with embedded technologies like APIs, microservices, AI/ML models, GenAI, and digital, insurers can drive down operational costs and increase premium growth…bending the cost curve and creating competitive differentiation in a tightly contested industry.

Insurance 40

Insurance Insurer Insured Risk 40

Protect Commercial Insurance

DECEMBER 6, 2024

Additionally, expect insurers to reward companies that demonstrate environmental stewardship through lower premiums or specialised incentives. Artificial Intelligence and Data Analytics Artificial Intelligence (AI) and data analytics are like the dynamic duo of modern insurance.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Majesco

JANUARY 9, 2025

The challenging industry financial picture and the increased cost of insurance for customers due to rising operational costs painfully highlight how necessary new operating models and technologies have become. The AM Best report published May 2, 2024, had a very telling financial assessment of insurers.

Insurer 45

Insurer Insured Insurance Risk 45