AMAXX

MARCH 24, 2025

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. To ensure fairness and correctness, an independent premium audit is highly recommended. Payroll Information A critical step in any premium audit is the review of an employer’s payroll.

Workers Comp

AMAXX

FEBRUARY 18, 2025

These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. What Are Classification Rules?

Workers Compensation

Agency Height

JULY 31, 2025

Agency Acquisition Brokers Insurance Legal Services Insurance Agency Loans Insurance Agency Valuation Agency Value Calculator Insurance News Stay updated with the latest insurance trends. Insureds Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down Get quotes from verified agents easily.

Premium

ProWriters

MAY 20, 2025

So, where does this leave Cyber Insurance brokers? What This Means for Cyber Insurance Brokers So, wheres the opportunity in all of this? As AI increases cyber risk, brokers can position themselves as trusted advisers. Brokers who can explain these new threats in plain language will stand out. Are your clients prepared?

Cyber

Word & Brown

MAY 19, 2025

When you partner with us, you can offer your eligible clients value-added extras like COBRA admin, a Premium Only Plan (POP), and/or ERISA services. Whether youre an independent broker or a captive agent, you can count on Word & Brown to deliver what you need to maximize your sales opportunities.

Broker

Top Insurance Blogs

JUNE 20, 2025

But what many policyholders fail to realize is that even minor driving offences can lead to noticeable increases in vehicle insurance premiums.

Premium

Distinguished

JULY 14, 2025

In this guide, we’ll explain why pianos need specialized insurance, what Distinguished’s Collectibles program covers, how brokers can help their clients secure proper protection, and why Distinguished is a smart partner for insuring high-value musical assets and collections. Performing with them adds exposure. Who Needs Piano Insurance?

Broker

Distinguished

JULY 14, 2025

In this guide, we’ll explain why pianos need specialized insurance, what Distinguished’s Collectibles program covers, how brokers can help their clients secure proper protection, and why Distinguished is a smart partner for insuring high-value musical assets and collections. Performing with them adds exposure. Who Needs Piano Insurance?

Broker

AMAXX

JULY 17, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Let’s look at how payroll and class codes affect your mod, and how to keep them accurate to protect your bottom line. means fewer-than-expected claims and lower premiums. A mod of 1.00

Workers Comp

Distinguished

MARCH 20, 2025

Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of? These resources are invaluable for both property owners and insurance brokers when assessing risk. What role can insurance brokers play in managing these challenges for their clients?

Broker

Protect Commercial Insurance

JUNE 6, 2025

Role of Insurance Brokers in Risk Assessment Navigating the world of commercial property insurance can be daunting, especially when you’re juggling many responsibilities as a small business owner. This is where insurance brokers come in handy. Insurers assess the geographical risks and calculate your premiums accordingly.

Commercial Property

R&R Insurance

FEBRUARY 20, 2025

Workers compensation rates are state mandated in Wisconsin, meaning all insurance carriers must use the same rates resulting in premiums from one carrier to another are basically the same. While at first glance, this appears a boon to the bottom line for Wisconsin contractors as work comp premium makes up the lions share of insurance costs.

Workers Compensation

AMAXX

MARCH 24, 2025

In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Auditors disallow estimates, making precise documentation vital to receiving the intended premium savings associated with this exception.

Workers Comp

Distinguished

APRIL 21, 2025

For brokers and agents, understanding landlord insurance in Chicago is crucial for helping clients safeguard their investments while expanding business opportunities. The citys density, property values, and the likelihood that someone could make a claim all contribute to premium fluctuations.

Broker

Zywave

JUNE 10, 2025

Zywave, a leading insurance technology provider, today announced its 2025 Summer Launch, introducing a suite of advancements designed to drive profitable growth and empower insurers and brokers in an environment of escalating risk. Content Cloud: Empowers users to leverage an AI Assistant to get answers and content faster.

Commercial Automobile

Zywave

MAY 15, 2025

Ernst & Young predicts embedded insurance transactions could account for 30% of the total by 2028, while Deloitte recently cited expectations for embedded gross written premiums to reach $700 billion globally by 2030. Brokers enjoy similar customer access benefits, at a lower cost. Threat or opportunity?

Broker

AMAXX

MAY 19, 2025

The workers compensation system may feel like a complex web of insurance premiums, claims adjusters, and legal disputesbut at its core, its rooted in one simple idea: a compromise. From the adjuster to the physician, from the broker to the TPA, everyone is there to facilitate recovery and manage risk. All state laws vary.

Workers Comp

Distinguished

MAY 6, 2025

For brokers, understanding inland marine insurance isnt just beneficial; its a strategic advantage for serving clients with unique risks. Brokers who understand these risks can proactively offer coverage that keeps businesses moving forward. Why is Comprehensive Inland Marine Insurance Important?

Inland Marine Insurance

Distinguished

MAY 19, 2025

Cost-Efficient Coverage By combining these key protections under one policy, restaurants may save on premiums and reduce the administrative burden of managing multiple policies. Brokers should help clients assess gaps and recommend add-ons where needed. While a BOP offers broad protection, there are exclusions.

Policy

AMAXX

JULY 15, 2025

Understanding the real impact of frequency versus severity on your experience modification factor (mod) is crucial if you want to keep your insurance premiums under control. Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” A mod of 1.00

Workers Comp

Distinguished

MARCH 6, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. What role can insurance brokers play in managing these challenges for their clients?

Building

Distinguished

MARCH 19, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. What role can insurance brokers play in managing these challenges for their clients?

Building

AMAXX

JUNE 17, 2025

Here’s why that matters: No indemnity payments = dramatically lower claim costs No lost time = claim is not classified as a lost-time claim Lower cost = improved experience mod and insurance premiums It’s not just about dollars. A high mod drives up insurance premiums—and those costs stay elevated for years. All state laws vary.

Workers Comp

AMAXX

MAY 27, 2025

If you’re serious about lowering premiums, reducing claim durations, and improving outcomes for injured workers, start by identifying and correcting these ten common pitfalls. The carrier, the TPA, the broker, the doctorstheyre all supposed to handle it, right? All rights reserved under International Copyright Law.

Workers Comp

Zywave

MARCH 20, 2025

Across all lines of business, quote volume grew by 16% and premium quoted increased by 31%, versus the previous year. Growth in rating, quoting and connectivity: In 2024, Zywave strengthened its position as the largest enabler of digital quoting in the industry. In Commercial Lines, quote volume within MGA Hub increased 27% YoY.

Cyber

Zywave

JUNE 5, 2025

In this webinar, hosted by RIMS, leaders in risk and insurance discussed how risk managers, carriers, and brokers are responding to the marketplace’s rapid evolution. How do we keep up and continuously adapt in the face of uncertainty?

Risk

Distinguished

JUNE 2, 2025

Our specialized landlord insurance programs are designed to protect Ohio property owners against the specific risks they face — and help brokers deliver tailored, reliable coverage to their clients. Why Ohio Landlords Need Specialized Insurance Understanding real-world claims helps brokers convey the true value of landlord insurance.

Liability

Simply Insurance

JUNE 15, 2025

(DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Workers Comp

AMAXX

JULY 14, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Here’s how it works: When you report a medical-only claim (a claim without any lost time or indemnity payments), 70% of the cost is excluded from your experience modification factor (mod).

Claim

AMAXX

JULY 1, 2025

Reduce Costs Fewer injuries mean lower workers’ compensation premiums, fewer lost workdays, and higher productivity. Companies that reduce injuries: Spend less on claims and insurance premiums Keep productivity high Improve morale and retention Protect their brand reputation OSHA exists to “help employers prevent injuries.”

Injury

Property Insurance Centre

JUNE 29, 2025

This reduces their risk profile and can also mean they will return some of the premium to you to reflect this. It is therefore important to think of an occupied commercial property insurance as a short-term fix due to the level of cover, extra conditions and increased premium.

Commercial Property

Distinguished

JULY 7, 2025

Brokers, your next course will be featuring our Business Owner’s Policy (BOP), prepared by our Restaurant experts. Q: Will you consider wine bars or establishments with high liquor-to-food sales ratios due to premium pricing? A: Submit a Restaurant BOP application directly on the Broker Connect portal.

Policy

Neilson Marketing Services

JULY 1, 2025

The Revenue Illusion: Why Premium Volume ≠ Revenue Another major misstep? Mistaking premium volume for revenue. Retail agencies don’t earn the full premium — they earn commissions, typically: ~12.5%

Building

Protect Commercial Insurance

JULY 18, 2025

One of the most common issues we see as commercial insurance and mortgage brokers is liability claims caused by negligence. Even if you never intended harm, a single incident can lead to hefty legal fees, compensation payouts, reputational damage and higher premiums in future. But what does negligence actually mean?

Liability

Simply Insurance

JUNE 28, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. However, they are in the process of updating how they calculate risk and monthly premiums. How Will This New Rating System Affect NFIP flood insurance premiums? Premiums will only increase until the full-risk rate is reached.

Home Insurance

Simply Insurance

JUNE 16, 2025

For example, the long-term care insurance deduction for self-employed individuals differs from the long-term care premiums tax deductible for S corps. In these situations, if you own more than 2 percent of the S Corp as a shareholder, the S Corp pays your insurance premium. Your deductions also vary based on your situation.

Deductible

Simply Insurance

JUNE 16, 2025

(DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Workers Comp