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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. Tariffs can also drive up inflation in the overall economy, increasing labor costs across industries. Here are some ways agents can help: Educate policyholders about costs and rising premiums.

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The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation.

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Tips for Buying Home Insurance

Bankers Insurance

As insurance companies leave certain markets or refuse to issue policies to certain properties, homeowners may be forced to seek more expensive options, such as state-supported insurers. Even among typical homeowners policies, premiums likely increased year over year. Reduce liability risks. Adjust coverage.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

From the bustling urban centers of Los Angeles and San Francisco to the scenic coastal towns and sprawling agricultural regions, each location presents its own set of challenges and opportunities for investors seeking insurance coverage. Investors should also consider the impact of climate change on the insurance landscape in California.

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9 Insurance Blog Topics to Attract Leads to Your Agency

Constant Contact

For example, a blog feature on life insurance may begin by differentiating term and whole life insurance before delving into specifics such as guaranteed whole life or indeterminate premium whole life. Insight into local insurance requirements Insurance requirements vary dramatically from one state to the next.

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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

Businesses may end up with inaccurate ITV calculations for a wide range of reasons — whether it stems from ineffective property valuation methods, intentionally underestimating costs to secure reduced premiums or being impacted by factors outside their control (e.g., inflation). Regardless, such inaccuracies are all too common.

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Professional Agent’s Guide for Learning How to Sell Annuities

Redbird Agents

FIA Accumulation Highlights : Review premium requirements, fixed rates, withdrawals and more! Fixed Annuity Highlights : Inform your customers on current yields, first year bonus rates, minimum premiums and more! There are 3 common types of annuities that life insurance agents sell. Download Current Annuity Rates Now!