Remove Casualty Insurance Remove Damage Remove Protection
article thumbnail

UNDERSTANDING PROPERTY CASUALTY INSURANCE IN NJ

Boyle Agency Insurance

What Is Property Casualty Insurance? Property Casualty Insurance is insurance that combines protection for property owned by you, such as a house, or personal possessions, and liability insurance for if you ever cause an accident that injures another person or damages another person’s property.

article thumbnail

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

Triple-I: Workers Compensation

The lines of coverage written typically are those with more predictable losses, such as workers compensation, general liability, and automobile liability and physical damage.” Group captives can provide a viable way to protect companies across several lines of casualty insurance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Pressures of Operational Optimization

Majesco

There is inflation and its pressure on claims costs, whether it’s medical or it is physical damage to homes and businesses. 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.

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.

article thumbnail

Study Touts PayoffsFrom Alabama Wind Resilience Program

Triple-I: Homeowners Insurance

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.

article thumbnail

BRIC Funding Loss Underscores Needfor Collective Actionon Climate Resilience

Triple-I: Homeowners Insurance

Nearly $300 million in federal aid meant to help protect communities from flooding, hurricanes, and other natural disasters has been frozen since President Trump took office in January, according to an article in Government Technology. Heading into hurricane season Especially hard hit will be catastrophe-prone Florida.

Risk 66