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

Triple-I: Homeowners Insurance

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. The five-year average count for liability claims increased 24.9 At least 38 of those events happened in the last five years, with 14 in 2023.

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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, Personal auto insurers reported a 2024 NCR of 95.3, This advancement was largely attributable to robust net written premium (NWP) expansion, with growth rates of 14.4 Homeowners’ insurance experienced an 11.2-point

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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 line’s 2024 net written premium growth rate of 14.5

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How to become an insurance agent? Ultimate guide

Friendly Agent

Agents who sell insurance policies of the commercial type provide coverage to business owners with their property insurance, general liability insurance, and other kinds of coverage. The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for.

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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.

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How to Turn Surety Bonds into a Profit Powerhouse for Your Agency

American Agents Alliance

According to AM Best , the surety industry in the United States reported direct written premiums totaling $9.3 For example, if you already provide general liability insurance to a construction company, adding surety bonds to your product mix is a logical next step.

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Compare Term Life Insurance For 20 to 29 Year Olds

Simply Insurance

Also, the older you get, the more expensive your premiums are going to be. How Life Insurance Health Ratings Work For 20 Year Olds Preferred Plus Rating A preferred plus health rating is going to give you the lowest monthly premium for any life insurance policy and is only going to be offered to people with the best health situations.