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Business Owner’s Policy for Restaurants

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Key benefits include: Property Coverage BOPs includes commercial property coverage, protecting business personal property and building structures against covered losses like fire, theft, or vandalism. A critical component of property insurance for restaurants is business income coverage.

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P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

Triple-I: Homeowners Insurance

point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, demonstrating a substantial 5.1-point

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

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A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Many traditional carriers want to enter these markets but lack the time or resources to build an in-house underwriting team. For instance, if a client walks into a typical brokerage in the U.S.,

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

This could cause higher rates in commercial property and homeowners lines. Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. This could create the need for frequent rate changes, adding to consumer uncertainty.

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

Agency Height

The CLUE report (Comprehensive Loss Underwriting Exchange) is a national database that holds claims data for up to seven years. Get a CLUE Report (Comprehensive Loss Underwriting Exchange) This report shows claims history tied to your property and neighborhood It can help you understand why your premium went up—and challenge it 3.

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My New Markets

Insurance Journal

Multi-Family Commercial Property Program Market Detail: Amalgamated Insurance Underwriters offers a commercial property program for hard to place multi-family habitational/commercial properties.

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Court Permits Parties to Cure Defective Diversity Jurisdiction in Suit Against Underwriters at Lloyd’s

The Property Insurance Law Observer

Certain Underwriters at Lloyd’s, London, et al. 2024), to preserve diversity jurisdiction, the United States District Court for the Southern District of New York permitted a plaintiff insured to drop non-diverse, dispensable defendant Underwriters at Lloyd’s, London (“Underwriters”) which subscribed to a commercial property insurance policy.