Final Expense Brokerage

JANUARY 29, 2025

Key products to consider include: Whole Life Insurance : A staple for final expense agents, it provides lifelong coverage at affordable premiums. Term Life Insurance : While less common for final expenses, some clients may prefer a term policy for its lower initial costs.

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Insurance Agent Insurance Agents Agents Building 130

Zywave

MARCH 3, 2025

And when you take into consideration that Direct Premiums Written (DPW) increased by 2.0% While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it.

Casualty Insurance 52

Casualty Insurance Policyholder Liability General Liability 52

AMAXX

MARCH 18, 2025

Fraudulent claims increase insurance premiums, lead to higher experience modification factors, and put additional strain on legitimate claims management. Conduct Regular Claims Reviews : Work closely with your insurance carrier or third-party administrator (TPA) to review open claims and identify inconsistencies.

Workers Compensation 70

Workers Compensation Compensation Claim Workers Comp 70

Zywave

JULY 2, 2025

As an industry leader in distribution connectivity, we help facilitate billions of dollars of gross written premium across major insurance markets. The AI assistant, which utilizes Content Cloud’s industry-leading repository of information for its responses, allows users to get answers for critical insurance inquiries faster.

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Agency Height

JULY 8, 2025

Insurance License Guide Life Insurance Cost by State Insurance License Cost By State Insurance Careers Guide Highest Paying Insurance careers Top States for Insurance Careers Insurance Marketing Guide Insurance Marketing 101 Insurance Marketing Strategies Digital Marketing for Insurance Agents Sponsored Ads Get Insurance Request a Quote Get personalized (..)

Insurance Agent 52

Insurance Agent Insurance Agents Agents Broker-Agent 52

Insurance Journal

AUGUST 12, 2024

Insurance Carriers are reducing their appetite for risk and increasing premiums. This means they are being much more selective in what they are willing to insure. This post is part of a series sponsored by TSIB. If they are going …

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Insurance Journal

JANUARY 9, 2025

If insurance carriers want to have dibs on a company’s assets as premium security or collateral, they had better specify that those assets include potential tort-claim settlements, a federal appeals court said Wednesday. In a case that involved a Florida …

Claim 246

Claim Insurance Carrier Premium Workers Compensation 246

Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. Your credits for these improvements will vary from carrier to carrier.

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Insurance Carrier Policy Insured Insurance 79

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums. Read the full report here.

Crime 52

Crime Insurance Carrier Risk General Liability 52

ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. Among the key drivers affecting D&O Insurance providers are the high-profile incidents within the finance and crypto sectors.

Premium 52

Premium Cyber Insured Insurance 52

Wren Insurance Agency

OCTOBER 23, 2024

In terms of storm damage and insurance premiums being affected, the outcome is pretty simple. The more damage, the more likely premiums will rise at renewal. The only insurance carrier that DOES currently have an annual increase cap in Florida is Citizens, the State-backed "insurance provider of last resort."

Policy 74

Policy Insurance Companies Premium Damage 74

Redbird Agents

SEPTEMBER 13, 2024

Cross-Selling Opportunities: Offer related products such as life insurance, annuities , or final expense insurance. Buyers are more likely to pay a premium for an agency that has multiple revenue streams. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements.

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Broker-Agent Broker Agents Insurance Carrier 240

Boyle Agency Insurance

APRIL 27, 2024

Determinants Of Homeowners Insurance Premiums Certain factors have an effect on your homeowners insurance premium. When pursuing lower premiums in Homeowners Insurance, eliminating or reducing these considerations is essential. Below we offer some factors that may affect NJ Homeowners Insurance premiums.

Premium 40

Premium Deductible Insured Insurance 40

Friendly Agent

SEPTEMBER 21, 2020

The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for. The insurance premium is the money that the person or the business has for the policy. The insurance premiums are intended for policies covering cars, houses, life insurance premiums, and more.

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Wren Insurance Agency

AUGUST 20, 2024

Today nearly a dozen different car insurance carriers offer a "safe driving" program for customers that elect to participate. These discounts are then applied to your premium at renewal and used as an incentive to keep you with that carrier. Take some time to do your research before committing.

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Premium Auto Insurance Insured Insurance 84

LexisNexis

NOVEMBER 5, 2024

CENTER SQUARE ) WA Considering Delay of New Insurance Premium Change Transparency Requirement Washington State Insurance Commissioner Mike Kreidler (D) has proposed delaying Phase 2 of a recently adopted insurance premium change transparency rule for two years, from June 2027 to June 2029.

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Premium Auto Insurance Insurance Carrier Policyholder 40

PSM Brokerage

JANUARY 2, 2025

Carrier Policies: Each insurance carrier sets its own rates, which vary by plan type and region. A: No, rates vary by carrier, state, and plan type. Some carriers offer tiered commissions or bonuses. A: Most commissions are paid monthly based on the number of enrolled members and their premiums.

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Agents Insurance Carrier Policy Premium 111

Redbird Agents

JULY 12, 2024

Who are the top Hospital Indemnity Insurance carriers? What is the average premium for hospital indemnity? 474 per year is the average annual premium across the seven carriers listed above. days Average annual premium is $474 Now let’s get to what everyone is wondering, will this be affordable to your customers?

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Premium Insured Insurance Insurer 130

R&R Insurance

SEPTEMBER 12, 2024

These rebates may be in the form of a premium credit or a lump-sum payment. For the small employer market segment, the insurance carriers must demonstrate that they spent $0.80 Issuers who did not meet the applicable MLR percentage for the last calendar year must provide rebates to plan sponsors by September 30th.

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Premium Insurance Carrier Policyholder Broker 59

AMAXX

JANUARY 13, 2025

Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk. TPAs operate independently of the insurance carrier, focusing on streamlined claims handling rather than insurance services.

Workers Compensation 98

Workers Compensation Compensation Workers Comp Broker-Agent 98

Scott Insurance

JANUARY 31, 2024

has seen an increase in their homeowners insurance premium. According to Money.com , an independent publisher, recent year-over-year premium increases have averaged 20%, and policyholders should expect to see at least a 10-15% increase in 2024. What can you do to impact your homeowners premium?

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Premium Deductible Insured Insurance 52

Scott Insurance

FEBRUARY 7, 2023

is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. Therefore, if the costs associated with an accident increase, insurance premiums will follow suit. appeared first on Scott Insurance.

Auto Insurance 52

Auto Insurance Premium Insurance Carrier Insured 52

Triple-I: Homeowners Insurance

JANUARY 13, 2025

Only 30 percent are aware of premium savings for implementing mitigation measures. Seventy percent revealed they would be willing to pay higher premiums for better protection against future severe weather events. Fifty-four percent reported hiring public adjusters to handle repairs and insurance claims.

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Policyholder Claim Premium Risk 78

Scott Insurance

FEBRUARY 27, 2024

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

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Deductible Underwriter Underwriting Property Insurance 52

TGS

OCTOBER 3, 2023

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

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Insurance Quotes Deductible Home Insurance Out-Of-Pocket 52

Ease

FEBRUARY 21, 2023

Annual benchmarking and trend report shows smallest businesses see biggest medical premium increases SAN FRANCISCO, Feb. 21, 2023 – Ease®, a leading HR and benefits software solution for small- and medium-sized businesses (SMBs), insurance brokers, and insurance carriers, today released the 2023 SMB Benefits and Employee Insights Report.

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Premium Out-Of-Pocket Deductible Insurance Broker 52

Wren Insurance Agency

AUGUST 28, 2024

When clients request ACV to try to save money on their insurance premiums, while we understand, we will always take the time to try to educate them on why this isn't necessarily a good idea. RCV is equal to the amount it would take to replace your contents at today's prices.

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Home Insurance Insured Insurance Insurer 72

Redbird Agents

JULY 18, 2024

Because Choice Mutual is an independent agency that partners with over 20 different insurance companies, when using the app, you can rest assured that you’ll be placed with whichever insurance carrier is best for you. Choice Mutual’s brokerage services, just like the app, are free.

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Insured Insurance Insurer Policy 130

TGS

SEPTEMBER 14, 2023

Additional Interest Explained Additional insured and additional interest are two very different roles that a person can play as a part of your insurance policy. In short, an additional insured is covered by your insurance, while an additional interest is not. What Is An Additional Insured?

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Policy Auto Insurance Home Insurance Insurance Policy 52

TGS

SEPTEMBER 6, 2023

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.

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Insurance Policy Policy Home Insurance Personal Property 52

TGS

SEPTEMBER 29, 2023

As electric vehicles gain popularity for their eco-friendly, lower-maintenance features, it’s more important than ever to know how to get the best bang for your buck on your electric vehicle auto insurance. In general, you can expect your electric vehicle insurance premium to fall somewhere between $2,200 and $4,200 in 2023.

Auto Insurance 52

Auto Insurance Insured Insurance Insurer 52

Scott Insurance

JUNE 30, 2023

Numerous factors contribute to the renewal rates and overall costs of health plans, and this year, employers may experience higher premiums than in the recent past due to ongoing COVID-19-related impacts and general inflation, among other factors. At this point, do you plan to change your health insurance carrier or administrator for 2024?

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Insurance Carrier Premium Claim Insurer 52

Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

Property Insurance 52

Property Insurance Commercial Property Liability Premium 52

TGS

OCTOBER 17, 2023

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

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Insurance Agent Insurance Agents Agents Insured 52

Scott Insurance

JULY 9, 2024

The Cost of water damage According to two of our personal insurance carrier partners, roughly 1 in 60 homeowners suffer water damage inside their homes each year, and approximately 40% of homeowners have experienced water damage at some point.

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Damage Theft Property Damage Insurance Carrier 52

American Agents Alliance

OCTOBER 14, 2024

Millennials expect a seamless, intuitive digital experience from their insurance company, similar to transactions they are used to in their personal life from tech-forward companies like Amazon and Uber. They can explain how premiums are determined, how policyholders can mitigate their risk, and why certain coverages are important.

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Agents Broker-Agent Policyholder Insured 40

TGS

SEPTEMBER 11, 2023

Having windstorm insurance is necessary because many high-risk areas are in danger of damage from windstorms (tornadoes, hurricanes, hail, etc.). Calculating Your Rates With Wind Pool Insurance providers calculate your premium based on many different factors. A lot of this includes the risk of the location of your home.

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