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Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

Insurance Journal

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents said the average premium renewal …

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. This could cause higher rates in commercial property and homeowners lines. Tariffs can also drive up inflation in the overall economy, increasing labor costs across industries.

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Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down 

Agency Height

Real-World Examples and Case Studies What You Can Do About It?

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What is a Managing General Agent (MGA) in Insurance?

Distinguished

Here are just a few of the ways that MGAs and insurance brokers differ: Underwriting and policy issuance : Traditional brokers sell insurance policies but must go through an insurer to get coverage approved. MGAs, on the other hand, have the authority to underwrite, price, and even issue policies on behalf of insurers.

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Proactive Tips for Businesses Facing Hail Damage Claims

Risk Management Monitor

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

This ensures that policyholders are adequately protected and reduces the risk of property owners being left with insufficient coverage when faced with repair or replacement costs. Commercial properties: Business owners may face higher repair costs for their establishments, particularly if specialized equipment or materials are required.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

Whether it’s a construction project for a single-family home , a mixed-use building , or a commercial property, Distinguished’s Builder’s Risk Program has got it covered. When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance.