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. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insurance 52

Jackson & Jackson

MAY 22, 2024

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurance 52

Triple-I: Homeowners Insurance

APRIL 10, 2025

Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the states risk profile continues to evolve in ways that impede progress, according to the most recent Triple-I Issues Brief.

Insurance 52

Insurance Insurer Insured Premium 52

The Property Insurance Law Observer

AUGUST 22, 2024

Accordingly, the Court held the language to be ambiguous and found in the insured’s favor. Underwriters at Lloyd’s, London , 2012 WL 2020168 (D. In doing so, it looked to other jurisdictions where courts analyzed nearly identical policy language and determined them to be ambiguous. Great Am.

Building 130

Building Commercial Property Damage Policy 130

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

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

Prof. Allan Manning

FEBRUARY 24, 2023

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurer 130

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

The Property Insurance Law Observer

FEBRUARY 14, 2024

Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. 29, 2024)), the Court determined that the term “windstorm” was ambiguous as utilized in the subject insurance policy. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. In Mankoff v.

Policy 130

Policy Deductible Damage Property Damage 130

Majesco

FEBRUARY 13, 2025

At this moment, with 150,000 people displaced and property insurers scrambling to help customers, it’s clear that everyone in the industry needs to pull together to create new solutions to new levels of risk. The global specialty insurance market was valued at $104.7 during this 10-year period. [iv]

Risk 52

Risk Insurer Insured Insurance 52

Paragon Independent Insurance Agencies

MAY 27, 2024

Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company. Property insurance policies cover damage or loss caused by perils such as fire, vandalism, theft, or natural disasters.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Property Insurance Centre

AUGUST 8, 2024

The premium requested will depend on numerous underwriting factors, such as how long you think it will be empty for & the postcode. If you have any queries or need a quotation for unoccupied office insurance then please get in touch. So give us a call of fill in an online form and we will be in touch.

Insurance 52

Insurance Insurer Insured Premium 52

Property Insurance Centre

NOVEMBER 11, 2024

In many cases, it can be just plain old bad luck as to why you can’t get the insurance you want, with the best cover & terms there are available. In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. appeared first on Property Insurance Centre.

Insurance 52

Insurance Insurer Insured Premium 52

Majesco

FEBRUARY 27, 2025

And I think one of the things that we’ve learned over the last 10 years is that while a VC (Venture Capitalist), as an example, might be interested in growth at any cost, we as an industry might be more interested in things like underwriting results or loss ratios. It’s a crisis. Carriers are leaving markets and shifting products.

Insurance Industry 74

Insurance Industry Insurer Insured Insurance 74

Risk Management Monitor

AUGUST 9, 2022

In 2018, the 5 th Circuit Court of Appeals took things a step further in Certain Underwriters at Lloyd’s of London v. In that case, a hotel filed a lawsuit against its insurer for refusing to cover hail-related roof damage under a commercial property insurance policy. Lowen Valley View, L.L.C.

Damage 78

Damage Claim Commercial Property Deductible 78

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

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

They also rank among the least affordable places for auto and homeowners’ insurance by the Insurance Research Council – an affiliate of The Institutes , like Triple-I. 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

Majesco

NOVEMBER 21, 2024

When it comes to product placement, today’s insurance opportunities are growing faster than ever before. We are a mobile society, and customers are hungry for technologies and products that protect them from the many risks they face to themselves and their property.

Insurance 40

Insurance Insurer Insured Risk 40

Protect Commercial Insurance

DECEMBER 6, 2024

Artificial Intelligence and Data Analytics Artificial Intelligence (AI) and data analytics are like the dynamic duo of modern insurance. As we move forward, they’re becoming more sophisticated, providing insurers with the power to make smarter, more informed decisions.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Insurer 52

Majesco

APRIL 11, 2024

If we don’t get down to addressing the loss ratio — underwriting, pricing, risk selection, and claims management — for many carriers, even if they cut costs by 100%, they’re still not going to be profitable. This isn’t just because of the size of their expense ratio. These opportunities are feasible in any business line.

Commercial Property 40

Commercial Property Risk Claim Deductible 40

Majesco

JANUARY 9, 2025

It is likely that most banks are underestimating their exposure to climate-related risk, just like many property insurers have underestimated their risk exposure. The convergence of insurance and banking around climate risk and the impact to property and businesses will drive a new view and focus on risk assessment.

Insurer 45

Insurer Insured Insurance Risk 45