Property Insurance Coverage Law

AUGUST 21, 2024

Ohio Casualty Insurance Company, 1 is a case decided last week involving vacancy clauses often found in property insurance policies, the impact of forfeiture clauses, and how those clauses can be waived. Sinjel, L.L.C.

Casualty Insurance

Insurance Journal

MAY 20, 2025

Japan’s three major casualty insurers plan to sell a total of about 1.37 billion) of cross-held shares in the fiscal year started April in a push to reduce strategic holdings in line with government policy. trillion ($9.5 Tokio Marine Holdings …

Life Insurance

The Property Insurance Law Observer

OCTOBER 16, 2024

In the recent decision Universal Property & Casualty Insurance Co. The court emphasized that under both the insurance policy’s plain language and Florida Statute §627.7011(3)(a), payment of replacement cost value is contingent upon the actual completion of repairs.

Damage

The Property Insurance Law Observer

AUGUST 22, 2024

2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches. Hartford Casualty Insurance Co. ,

Building

Zywave

FEBRUARY 7, 2025

Stand-alone rating engines are used for a variety of reasonsbut primarily to externalize the rates, rules, and logic associated with rating from the policy administration system (PAS) to create speed-to-market.

Casualty Insurance

Frankenmuth Insurance

JANUARY 9, 2025

Some agents deal only in personal insurance and others only in commercial coverage. Some offer property and casualty insurance, but not life insurance. Having an easy rapport with your insurance agent can make claims and policy questions a lot less stressful. What coverage do you offer? Are we a good fit?

Insurance Agent

Unitas Financial Services

JULY 18, 2022

But what impact does record-breaking inflation have on the cost of a property and casualty insurance policy? Consumers are feeling the pain at the pump, the grocery, and when shopping for virtually any good or service.

Casualty Insurance

Agency MVP

DECEMBER 20, 2021

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. Wet signatures are no longer required.

Insurance

Prof. Allan Manning

JULY 5, 2023

Just a reminder that there is only 3 weeks to go before the 2023 Mansfield Awards, which is now in its 7th year! The awards night will be held at The Establishment Ballroom, located at 252 George St, Sydney. The function starts at 6pm, with the awards portion running for approximately 1 hour, during which 6 awards will be presented.

Claim

Bankers Insurance

JULY 22, 2024

At Westfield, it’s about more than writing insurance policies, it’s about going above and beyond to help communities thrive and prosper. Offering support that reflects these values is at the core of the Westfield Insurance Foundation. Today, more than 175 years later, as a leading U.S.-based

Broker-Agent

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

We’re looking at TPLF as potentially exacerbating national security risk,” said Jerry Theodorou, policy director for finance, insurance, and trade at the R Street Institute. Louisianans Need to Know Legal Reforms Boost Florida Insurance Market; Premium Relief Will Require More Time How Georgia Might Learn From Florida Reforms U.S.

Out-Of-Pocket

Triple-I: Workers Compensation

MARCH 21, 2023

Group captives can provide a viable way to protect companies across several lines of casualty insurance. “Given that members’ premiums are derived from their own loss history, this is yet another way that they are able to lower their premiums, proactively managing and controlling the losses that do occur,” the Triple-I report mentions.

Workers Compensation

Agency MVP

DECEMBER 20, 2021

In most states, a gift provided by an insurer, agent, or broker directly violates anti-rebating laws. However, many make exceptions for referrals using referral fees as long as the gift and its value align with the state legislature and do not discount or affect a client's policy. For instance, N.Y.

Insurance Agent

LexisNexis

AUGUST 27, 2024

Open enrollment, which often occurs in October or November for calendar year plans, is a time when employees and other eligible individuals can enroll in or make changes to their employer-based health insurance and fringe benefit options.

Compensation

Majesco

FEBRUARY 22, 2024

Trend 2: Robust Growth in Excess & Surplus Lines and MGAs Managing general agents in the US market saw very strong growth in 2022, well above the broader property/casualty insurance market growth, according to Conning’s 2023 annual MGA report. with $85.5B iii] Investments in digitization have two potential sources of return.

Broker-Agent

Friendly Agent

DECEMBER 3, 2020

Becoming an insurance agent checks all boxes. Your earning potential is based on insurance policies. In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. How to become an insurance agent? It is not dependent on the number of hours you work.

Insurance Agent

Redbird Agents

JULY 9, 2024

I spoken with thousands of insurance agents, many of whom are venturing out on their own for the first time. They’ve been misled by friends claiming that selling insurance policies as an independent insurance agent is straightforward and profitable. How to sell life insurance from home?

Insurance Agent

Hunton Andrews Kurth

JULY 16, 2021

However, contamination events and ensuing recalls can lead to a variety of other claims that implicate a number of other coverages, including liability coverage for claims against officers and directors addressing the company’s internal contamination risk and safety policies and procedures. In Discover Property & Casualty Insurance Co.

General Liability

Insurance Journal

JANUARY 1, 2025

Trump’s previous service as the nation’s 45th president presents a remarkable opportunity to make educated guesses about the impact of his expected policies on the property/casualty insurance industry as …

Casualty Insurance