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How to Avoid Coverage Gaps That Can Lead to E&O Claims

American Agents Alliance

Policyholders often do not fully understand their policy or notice potential coverage gaps, yet they may expect to have coverage if they suffer a loss. Insurance coverage has become more complex in many ways, leaving policyholders without the right policies at times.

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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Injury claim severity in the state is slightly higher than in the rest of the country.

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Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

.” If you don’t have the opportunity to check out the full webinar, read on for key insights from the discussion and actionable advice for insurers, brokers, and policyholders. While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.

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Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Single-Year, Multi-Year, and Multi-Policy Insurance Coverage Claims Disputes Analyze issues that can arise for policyholders and insurers when insurance policies of various durations are called upon to answer for claims, and when multiple policies can also apply.

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Blog Post: From Boilerplate to Blueprint: The Secret Life of Standard Insurance Policy Forms

LexisNexis

ISO Form CG 00 65 04 13 (Commercial General Liability - Electronic Data Liability Coverage Form) Dive into the Insurance Services Office (ISO) form addressing an insurer’s payment of the sums an insured becomes legally obligated to pay as damages because of "loss of electronic data" to which the insurance applies.

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Best Homeowners Insurance In Maryland To Cover Your Home

Simply Insurance

For example, if you have a $250,000 limit on your policy, that means the insurer will only pay out up to $250,000 in the event of a covered claim. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself. The first step is to contact your insurance company and start the claims process.

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Best Homeowners Insurance In Illinois To Cover Your Home

Simply Insurance

For example, if you have a $250,000 limit on your policy, that means the insurer will only pay out up to $250,000 in the event of a covered claim. If you have a $1,000 deductible, you will need to pay the first $1,000 of any covered claim yourself. The first step is to contact your insurance company and start the claims process.