Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

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. At least 38 of those events happened in the last five years, with 14 in 2023.

Commercial General Liability 89

Commercial General Liability Claim Commercial Umbrella Liability 89

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. However, the U.S.

Policyholder 78

Policyholder Claim Premium Risk 78

American Agents Alliance

FEBRUARY 7, 2025

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.

Broker-Agent 52

Broker-Agent Risk Policyholder Agents 52

Property Insurance Centre

JANUARY 4, 2024

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.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Constant Contact

JANUARY 28, 2021

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.

Insurer 52

Insurer Insurance Insured Life Insurance 52

Bankers Insurance

AUGUST 8, 2024

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.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Bankers Insurance

NOVEMBER 15, 2023

Increased insurance costs: Businesses affected by frozen pipes or sprinkler system issues may need to file insurance claims for repair and restoration expenses, potentially resulting in elevated insurance premiums in the future.

Protection 52

Protection Damage Building Property Damage 52