Insurance Journal

SEPTEMBER 24, 2024

surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond an eventual turn in the market … In 2023 the U.S.

Risk 289

Risk Premium Insurer Insured 289

Splash: Finance and Insurance

APRIL 9, 2025

The documentary committee of BIMCO has approved revisions to its war risk clauses for voyage and time charters to reflect changes in the geopolitical challenges facing the shipping industry.

Risk 99

Risk Premium Insurer Insured 99

Central Insurance

AUGUST 29, 2024

Explore how high-risk business insurance affects different industries, the factors influencing rates, and strategies to reduce risk exposure and lower premiums. The post How Does High-Risk Business Insurance Differ by Industry? appeared first on Central Insurance Blog.

Business Insurance 185

Business Insurance Risk Premium Insurer 185

Insurance Journal

NOVEMBER 22, 2024

Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s sigma. “Premium rates are now moderating, …

Life Insurance 278

Life Insurance Premium Claim Risk 278

Insurance Journal

OCTOBER 24, 2024

Louisiana Senator Bill Cassidy released a report Thursday critical of the National Flood Insurance Program’s adoption of Risk Rating 2.0. The report, “The Flood Insurance Crisis: A Comprehensive Breakdown of Rising Flood Insurance Premiums,” found that the average flood insurance …

Premium 264

Premium Insured Insurer Insurance 264

Insurance Journal

SEPTEMBER 10, 2024

Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach of fiduciary duty and related issues can result in widespread premium increases and professional discipline.

Liability 264

Liability Claim Risk Premium 264

Insurance Journal

AUGUST 8, 2024

British insurer Beazley upgraded its combined ratio forecast for 2024 on Thursday after first-half pretax profit nearly doubled, boosted by growth in its property risks premiums and fewer catastrophe losses, sending its shares up 10%. The insurer, which commands about …

Premium 264

Premium Insured Insurer Insurance 264

Property Insurance Coverage Law

DECEMBER 28, 2024

Americas housing market is teetering on the edge of a crisisa situation fueled by climate change, soaring insurance premiums, underinsurance, and systemic failures in addressing these growing risks.

Premium 185

Premium Property Insurance Insurer Insurance 185

AMAXX

MARCH 24, 2025

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. To ensure fairness and correctness, an independent premium audit is highly recommended. Payroll Information A critical step in any premium audit is the review of an employer’s payroll.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71

Insurance Journal

NOVEMBER 17, 2024

home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home Trends Report found that all-perils …

Premium 239

Premium Home Insurance Insurance Industry Risk 239

Insurance Journal

APRIL 23, 2025

Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums.

Home Insurance 253

Home Insurance Premium Insurance Companies Insurer 253

Insurance Journal

OCTOBER 10, 2024

The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With soaring premiums and increasing exclusions, the need for an accurate assessment of these risks is more important than ever. The …

Premium 299

Premium Insurance Industry Risk Insurer 299

Insurance Journal

FEBRUARY 17, 2025

Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking to enhance customer experience, drive loyalty, and generate new revenue streams. With global gross written premiums in embedded insurance projected …

Risk 186

Risk Premium Insurer Insurance 186

Insurance Journal

AUGUST 28, 2024

Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of …

Premium 306

Premium Insurer Insurance Insured 306

AMAXX

FEBRUARY 18, 2025

These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. What Are Classification Rules?

Workers Compensation 103

Workers Compensation Compensation Workers Comp Premium 103

Redbird Agents

FEBRUARY 3, 2025

Final expense insurance is one of the most lucrative life insurance markets for independent agents, offering high commission payouts, fast approvals, and steady client demand. If a policy lapses within the first six to nine months, the insurance company will take back your commission through a chargeback.

Agents 130

Agents Premium Policy Life Insurance 130

AMAXX

MARCH 24, 2025

In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Auditors disallow estimates, making precise documentation vital to receiving the intended premium savings associated with this exception.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

Majesco

FEBRUARY 13, 2025

Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Climate risk is growing, and a greater number of Cat events are threatening people and their property. Risk is growing, shifting, and becoming more complex.

Risk 52

Risk Insurance Insured Insurer 52

Insurance Journal

AUGUST 14, 2024

Like single-family homeowners in California, landlords are facing higher insurance premiums, too. Many insurance companies have stopped writing policies in the state because of increased wildfire risks, but that’s … And they’re passing along some of those costs to their tenants.

Premium 173

Premium Insurer Insurance Insured 173

Zywave

JUNE 5, 2025

The risk landscape is becoming increasingly complex, dynamic and unpredictable due to compounding factors like technological advancements, environmental challenges, and evolving legal and regulatory frameworks. Where is this high-risk path headed? How do we keep up and continuously adapt in the face of uncertainty?

Risk 52

Risk Premium Broker Insurer 52

Insurance Journal

APRIL 29, 2025

Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted insurers. According to a report from AM Best, surplus homeowners direct premiums written in 2023 eclipsed $2 billion for the …

Premium 215

Premium Risk Insurer Insured 215

Insurance Journal

MAY 7, 2025

surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with greater frequency to explore coverage solutions for businesses amid expanding risks. The magnitude of the YoY growth peaked at 30% …

Premium 244

Premium Broker Risk Insurer 244

Triple-I: Homeowners Insurance

JUNE 11, 2025

Rising natural disaster costs, increased home repair expenses, and legal system challenges have made homeowners’ insurance significantly less affordable across the United States over the past two decades, according to new research from the Insurance Research Council. percent of their household income on insurance coverage.

Insurer 59

Insurer Insurance Insured Premium 59

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Data indicates that litigation costs have become a pervasive concern for risk management.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Protect Commercial Insurance

JUNE 6, 2025

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. Just like you wouldn’t drive without car insurance, your business premises need protection too. Let’s delve into why this insurance is vital for sound risk management and peace of mind.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

American Agents Alliance

MAY 26, 2025

Becoming a trusted risk advisor is about more than just delivering quotes and writing policies. Agents can differentiate themselves and add value to their services by helping policyholders proactively manage risk, not just insure it. Even personal lines customers and small businesses can benefit from a risk assessment.

Agents 52

Agents Risk Policyholder Broker-Agent 52

Property Insurance Centre

MARCH 11, 2025

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. In London, block of flats insurance comes with unique challenges and considerations compared to the rest of the UK.

Risk 52

Risk Insurer Insurance Insured 52

AMAXX

FEBRUARY 10, 2025

Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Whatwe’retryingtodohere,whatdidnotwhatnecessarilywe,whattheinsurancecarriers,whattheunderwriterstryingtodoisthey’retryingtogetanaccurateperceptionofrisk. All state laws vary.

Workers Comp 66

Workers Comp Risk Workers Compensation Premium 66

Simply Insurance

JUNE 12, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 94

Insurance Quotes Life Insurance Insurer Insurance 94

Neilson Marketing Services

JANUARY 30, 2025

The digital space is crowded, and insurance agencies are vying for attention in an industry where trust and expertise matter most. A well-crafted insurance agency website is an essential tool for building credibility, attracting potential clients, and converting leads. A one-size-fits-all approach to website content falls flat.

Insurance Agency 99

Insurance Agency Insurer Insurance Insured 99

Simply Insurance

JUNE 11, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 86

Insurance Quotes Life Insurance Insurer Insurance 86

AMAXX

SEPTEMBER 23, 2024

When it comes to calculating workers’ compensation premiums, two critical factors play a significant role: the frequency and severity of claims. Understanding how these two factors interact can help businesses reduce their premiums and improve workplace safety. Underwriters view very large losses as rare and unlikely to repeat.

Workers Compensation 91

Workers Compensation Premium Compensation Workers Comp 91

Majesco

MARCH 13, 2025

Competing in todays marketplace requires a holistic view of advancement, including a complete grasp of internal and external risks. Most importantly, it requires rethinking your software partner and the risk involved in your partnership. Traditional thinking will not keep pace with market, customer, risk, and technology changes.

Risk 52

Risk Insurer Insured Insurance 52

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?

Commercial Property 52

Commercial Property Property Insurance Commercial Insurer 52

Insurance Journal

AUGUST 26, 2024

Jim Justice’s family is millions of dollars behind on payments to employees’ health insurance fund at their financially beleaguered hotel, putting workers’ coverage at risk despite the U.S. CHARLESTON, W.Va. (AP) AP) — West Virginia Gov. Senate candidate’s claims otherwise, a …

Claim 289

Claim Risk Insurer Insured 289

Simply Insurance

JUNE 3, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Deductible 59

Deductible Home Insurance Insurance Quotes Life Insurance 59

Simply Insurance

JUNE 10, 2025

Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! How Much Is A $100,000 Life Insurance Policy? How Does Landlord Insurance Work?

Insurance Quotes 72

Insurance Quotes Life Insurance Insurer Insurance 72