Remove Casualty Insurance Remove Commercial Remove Protection
article thumbnail

Texas: A Microcosmof U.S. Climate Perils

Triple-I: Homeowners Insurance

Severe convective storms are a growing source of losses for property/casualty insurers. According to Gallagher Re , severe convective storm events in 2023 and 2024 “have cost global insurers a remarkable US$143 billion, of which US$120 billion occurred in the U.S.

article thumbnail

How to pick an insurance agent: 6 questions to ask.

Frankenmuth Insurance

Your relationship with your insurance agent is an important one. Theyll be protecting your most cherished and valuable assets. Wondering how to choose an insurance agent? Agents who represent only one insurance company are called direct or captive agents. Here are six questions you can ask to make sure theyre the one.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

Triple-I: Workers Compensation

This is particularly important as attorney involvement in commercial auto claims – notably in the trucking industry – drives expensive litigation and settlement delays that inflate companies’ expenses. Group captives can provide a viable way to protect companies across several lines of casualty insurance.

article thumbnail

The Pressures of Operational Optimization

Majesco

There is an increasing protection gap for our customers. Some customers can’t afford their insurance and they are decreasing the amount of insurance they have or not purchasing it all together. We have challenges from a macroeconomic perspective. Here is a positive trend, for example.

article thumbnail

How to Not Suck at Being an Insurance Agent

Redbird Agents

What is an Insurance Sales Agent? An Insurance Sales Agent is a professional who sells insurance policies to clients, including life insurance, health insurance, and property and casualty insurance. Is life insurance sales a good career? What Does an Insurance Broker Do?

article thumbnail

Recall Roundup: June

Hunton Andrews Kurth

Hoehn-Sarie currently serves as the Chief Counsel for Communications and Consumer Protection for the U.S. In Discover Property & Casualty Insurance Co. The first is Alexander Hoehn-Sarie, who President Biden nominated to serve as CPSC Chair. House of Representatives Committee on Energy & Commerce.