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 202

Casualty Insurance Property Insurance Insurance Policy Insurance Companies 202

Property Insurance Coverage Law

NOVEMBER 1, 2024

Note: This guest blog is by Frank Lombard, CPCU, ARM, an independent property/casualty insurance advisor. Not a day passes without reading something about double-digit increases in the cost of home insurance. The insurance industry claims the increases are a result of inflation, climate change, and consumers filing more claims.

Home Insurance 189

Home Insurance Casualty Insurance Insurance Insurer 189

Frankenmuth Insurance

JUNE 20, 2024

These high ratings represent Best’s assessment of Frankenmuth Insurance Company and its property and casualty insurance subsidiaries: Ansur America Insurance Company, ASure Worldwide Insurance Company, Fortuity Insurance Company, and Patriot Insurance Company.

Casualty Insurance 52

Casualty Insurance Insurance Companies Policyholder Life Insurance 52

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief.

Premium 52

Premium Insurance Insurer Insured 52

Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. In addition, the brief says, the number of insurers writing business in the state has rebounded after a multi-year exodus.

Premium 52

Premium Claim Auto Insurance Casualty Insurance 52

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. for 2022, up 1.2

Underwriter 40

Underwriter Underwriting Workers Compensation Premium 40

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs. Clear communication is key, the participants agreed.

Out-Of-Pocket 65

Out-Of-Pocket Broker-Agent Premium Claim 65

Majesco

APRIL 11, 2024

US commercial Property and Casualty insurers have obtained incredibly high results in avoiding water, non-weather losses, using IoT solutions for risk prevention. We are starting to see it on homeowners insurance. Insurers are giving devices to policyholders that address these problems in order to improve the loss ratio.

Commercial Property 40

Commercial Property Risk Claim Deductible 40

Redbird Agents

JULY 9, 2024

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?

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Triple-I: Homeowners Insurance

SEPTEMBER 24, 2024

The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. The latest reports explore different aspects of unintentional bias and offer forward-looking solutions.

Risk 59

Risk Casualty Insurance Policyholder Premium 59

Hunton Andrews Kurth

JULY 16, 2021

In Discover Property & Casualty Insurance Co. In their declaratory judgment complaint, the insurers seek a declaration that they have no duty to defend or indemnify the individual insureds sued in the shareholder suit and demand an award of attorneys’ fees and costs arising from the coverage action.

General Liability 52

General Liability Commercial General Liability Liability Injury 52

Triple-I: Homeowners Insurance

MARCH 13, 2025

Property and casualty insurers are no less concerned, as the cost of repairing and replacing damaged property is a driver of claim costs and, ultimately, policyholder premiums. Tariffs and threats of tariffs have been roiling financial markets since January.

Casualty Insurance 65

Casualty Insurance Insurance Insurer Insured 65