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WORKERS COMPENSATION

Rough Notes

Harrington, CPCU If youre allergic to excitement, there are two things you can do: watch grass grow or monitor recent changes in the operating results for workers compensation insurance. So while distressed conditions in homeowners, commercial […] No news is good news, the saying goes.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

points year-over-year improvement, with commercial lines continuing to outperform personal lines. Commercial lines underwriting profitability remained mostly flat. Commercial lines underwriting profitability remained mostly flat. Commercial lines 2024 net combined ratio remained relatively flat at 97.1 represented a 2.3-points

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

Triple-I: Homeowners Insurance

Noteworthy 2024 performance indicators: The disparity in profitability between personal and commercial lines diminished, with both segments achieving an NCR below 100 for the year. The workers compensation system continues an era of exceptional performance with strong results and a financially healthy line, said Glenn.

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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How to Protect Your Business Get Comprehensive Insurance Ensure you have general liability insurance, professional indemnity insurance, and workers compensation if applicable. Because the business was not incorporated, the owner lost their personal savings and had to declare bankruptcy.

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Workers Comp:Resilient and Relevant

Triple-I: Workers Compensation

Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on Compensation Insurance (NCCI). Workers comp plays a critical role in the U.S.

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Turning the Embedded Insurance Challenge Into an Opportunity

Zywave

Certain types of non-complex commercial insurance are also in scope. This distribution model is unlikely to touch highly complex commercial lines requiring extensive underwriting. Nor is it appropriate for lines with significant regulatory oversight, such as workers compensation.

Broker 52