Remove Compensation Remove General Liability Remove Insurance Industry
article thumbnail

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

Triple-I: Homeowners Insurance

P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, Impending challenges and market pressures: The general liability segment is encountering increased financial strain, as evidenced by the least favorable NCR since 2016 and the third worst since 2010.

article thumbnail

Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The report was released during a members-only webinar on Oct.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Compare Cyber Insurance Quotes Online & Get Covered Today!

Simply Insurance

The Hartford The Hartford provides robust cyber insurance policies with a focus on data breach response and recovery. Chubb Chubb is a leader in the cyber insurance industry, known for its extensive coverage and exceptional customer service. They offer a range of policies designed to protect against various cyber threats.

52
article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

article thumbnail

Compare Disability Insurance Quotes Online!

Simply Insurance

Principal Principal offers a variety of disability insurance products designed to meet the needs of diverse customers. Mutual of Omaha Mutual of Omaha is a trusted name in the insurance industry, offering reliable disability insurance policies with excellent customer service.

article thumbnail

What is Subrogation and How Does it Work?

Bankers Insurance

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

article thumbnail

Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. Passage of the CLAIM Act would open the doors for more insurers and should bring the cost of insuring marijuana-related businesses much less expensive.

Risk 40