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P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

Triple-I: Homeowners Insurance

P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. demonstrating a substantial 5.1-point

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. This could create the need for frequent rate changes, adding to consumer uncertainty.

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Business Owner’s Policy for Restaurants

Distinguished

Here are some factors that affect BOP insurance costs: Type of business and dining model Restaurant size and location Annual revenue and number of employees Claims history Coverage limits and endorsements selected Safety and security features (e.g., Brokers should help clients assess gaps and recommend add-ons where needed.

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Best Homeowners Insurance In Maryland To Cover Your Home

Simply Insurance

Many insurers offer discounts for bundling your home and auto insurance, installing hurricane shutters, or updating your electrical system. What Is The Cheapest Homeowners Insurance Company In Maryland? If youre looking for the cheapest homeowners insurance company in Maryland, look no further than Progressive.

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Are Insurance Price Increases a Tipping Point for Gen X and Boomers?

Majesco

Auto insurance repair costs align strongly with the number of claims, increasing and driving up insurance costs. Weather and catastrophic events, crime, more frequent and larger lawsuits, and high-tech vehicles also contribute significantly to their perceptions of what is driving up auto insurance costs.

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Landlord Insurance in Ohio: Get a Quote from Distinguished

Distinguished

Optional Enhancements for Ohio Landlords Brokers can customize policies with optional add-ons that provide extra protection: Flood insurance: Critical for properties near rivers or flood-prone areas. Hired and non-owned auto insurance: Covers vehicles used for property management.

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Best Homeowners Insurance In Illinois To Cover Your Home

Simply Insurance

Many insurers offer discounts for bundling your home and auto insurance, installing hurricane shutters, or updating your electrical system. What Is The Cheapest Homeowners Insurance Company In Illinois? If youre looking for the cheapest homeowners insurance company in Illinois, look no further than Progressive.