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Pennsylvania Shaved $98 Million Off Insurer Rate Requests in First Half of Year

Insurance Journal

The Pennsylvania Insurance Department (PID) reported that it has saved consumers $98.3 million in annual auto, home and other property/casualty insurance premiums in the first six months of 2024 through its review of insurance company rate filings. The vast majority …

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New Louisiana Law Mandates Discount Disclosures for Insurance Companies

Insurance Journal

Louisiana Insurance Commissioner Tim Temple sent out an announcement this week to all property and casualty insurance companies notifying of a statue that requires insurers to disclose all available discounts that could lead to reduced premiums for current or prospective …

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A Look Back at 2024: The Year in Insurance

Insurance Journal

Armchair analysts prognosticating the impending collapse of property & casualty insurance companies were proven wrong by recently released 2024 financial performance results. The 2024 combined ratio losses and expenses divided by premium, … The overall industry’s underwriting results were profitable.

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

Triple-I: Workers Compensation

By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives can provide a viable way to protect companies across several lines of casualty insurance.

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JIF 2024: What’s In a Name? When It Comes to Legal System Abuse, A Lot

Triple-I: Homeowners Insurance

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. “One Notice of intention to sue is also down by double digits. It’s working, so let’s learn from that.”

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How to Sell P&C Insurance from Home

Agency MVP

If you are looking to take advantage of this new trend by selling property and casualty insurance from your own home, there are certainly many avenues available to you. No matter what is going on globally, there is always a need for many people to shore up their own insurance needs.

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Best Side Hustle idea in 2023 : Become an Insurance Agent

Friendly Agent

Ultimate guide Selling Life insurance part time or as a Side Hustle Life insurance pays probably the highest commission up front but there is almost no recurring revenue. In most cases your commission may be in the range of 80-120% of the total first year premium. Successful agencies have 90% + retention rate.