article thumbnail

Study Examined Liability Insurance for Adult Family Homes in Washington

Insurance Journal

A report submitted to the Washington State Legislature examines the state of the liability insurance market for adult family homes in Washington, finding the market to be largely sustainable—but it does provide suggestions for increasing the appeal of AFHs to …

article thumbnail

Air India Crash Risks Fueling Up to 30% Jump in Insurance Premiums

Insurance Journal

Sajja Praveen Chowdary, director at Indian broker Policybazaar, expects premiums for hull, war-risk, … Indian insurance policy sellers expect the cost of coverage for airlines to spike as much as 30% after the deadliest aviation crash in more than a decade.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down 

Agency Height

Insureds Why Your Home Insurance Premium Increased by 20% – Even If Only Your Neighbor’s House Burned Down Get quotes from verified agents easily. Agency Height July 31, 2025 For Insureds Key Takeaways Insurance premiums are based on shared risk, not just your individual home. How much might your premium rise?

article thumbnail

Understanding Negligence and Liability for Small Businesses – Protect Insurance

Protect Commercial Insurance

One of the most common issues we see as commercial insurance and mortgage brokers is liability claims caused by negligence. Even if you never intended harm, a single incident can lead to hefty legal fees, compensation payouts, reputational damage and higher premiums in future. But what does negligence actually mean?

article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution. Evaluating Potential Risks and Liabilities Every business is unique and so are the risks and potential liabilities it faces.

article thumbnail

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. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher.

article thumbnail

Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations. Are there specific types of insurance that are more sensitive to these housing violations? Yes, indeed.