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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders.

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

Triple-I: Homeowners Insurance

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. Rising claim frequency and litigation costs put coverage affordability and availability at risk.

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Data Granularity Keyto Finding Less Risky Parcels in Wildfire Areas

Triple-I: Homeowners Insurance

To ensure market stability and continued insurance availability and affordability, insurers must leverage more granular and dynamic risk models that account for real-time environmental conditions, mitigation measures, and property-specific characteristics. For many, this insurer of last resort has become the insurer of first resort.

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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Merck won an appeal against and ultimately settled the coverage dispute with its insurers. Yet this high-profile case illustrates the insurance industry’s need to evolve policy language to address contemporary cyber risks, including state-sponsored cyber attacks.

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Compare Condo Insurance Quotes Online!

Simply Insurance

Loss assessment coverage can vary based on your deductible choice, providing additional protection for shared property damage or liability claims. Their policies are designed to protect your condo and personal belongings, providing peace of mind for policyholders. How Much Does a Deductible Choice Loss Assessment Policy Cost?

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LGBTQIA+ Homeownership Gap May Be Fueling Insurance Protect Gap

Triple-I: Homeowners Insurance

Thus, homeownership status can drive participation in the insurance market. Examining factors that impede homeownership for same-sex couples might shed light on how to attract and retain more policyholders in this demographic. To join the discussion, register for JIF 2025.

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The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insurance Companies Over Policyholders — Are Florida’s Politicians in Bed with the Insurance Industry?

Property Insurance Coverage Law

While Jimmy Patronis and Governor DeSantis trumpet their latest emergency rule as consumer protection following the CBS 60 Minutes Expose noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, the reality reveals a different story.