Prof. Allan Manning

FEBRUARY 10, 2025

That sum insured had not been reviewed for many years and as a result of 100% average, as it was on that policy, the client received only 6.9% Fortunately we see very few Business Interruption policies sold in Australia and New Zealand with an Indemnity Period less than 12 months. of their loss. This has prompted this refresher post.

Business Interruption 189

Business Interruption Claim Insurance Insurer 189

Insurance Journal

MARCH 14, 2025

A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business Insurance Index: Tech Sector found average errors & omissions/cyber premiums …

Policy 243

Policy Cyber Premium Business Insurance 243

Insurance Journal

APRIL 9, 2025

Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an unusual strategy: Rebates …

Premium 235

Premium Property Insurance Policy Insurance 235

Top Insurance Blogs

MAY 29, 2025

I have seen firsthand how powerful the SF Class, also known as the no-claims bonus class, can be in determining car insurance premiums in Germany. What is the […] The post How Does the SF Class (No-Claims Bonus) Affect Premiums in Germany? appeared first on My Top Insurance Blogs.

Premium 68

Premium Claim Insurance Insurer 68

Redbird Agents

FEBRUARY 3, 2025

How Final Expense Commissions Work Final expense insurance is typically sold as a simplified issue whole life policy, meaning no medical exams are required, and policies are issued quickly. If a policy lapses within the first six to nine months, the insurance company will take back your commission through a chargeback.

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Agents Premium Policy Life Insurance 130

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 Insurance Insurer Insured 306

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

Insurance Journal

JANUARY 9, 2025

Premiums for policies covering new energy vehicles in China have soared to $13.8 billiona six-fold jump from the level recorded five years earlier, AM Best said in a special report. According to the report, “China’s New Energy Vehicle Boom Transforms …

Premium 246

Premium Policy Insurance Insurer 246

Insurance Journal

FEBRUARY 21, 2025

Indian insurers are considering making New Delhi residents pay 10% to 15% more for new health policies after an extraordinary spike in claims related to air pollution in 2024 in India’s capital, according to nine executives aware of the matter.

Premium 165

Premium Insurance Insurer Insured 165

Distinguished

MAY 19, 2025

A Business Owners Policy, commonly known asa BOP bundles essential protections like property, general liability, and liquor liability into one streamlined solution. What is a Business Owners Policy (BOP)? A BOP is an efficient way to safeguard against these operational risks with one comprehensive policy.

Policy 40

Policy Business Owners Policy General Liability Liability 40

Top Insurance Blogs

APRIL 20, 2025

Living and working as one whose family depends on their financial support can be very risky without a life insurance policy. Though life […] The post Why You Should Purchase Riders with Life Insurance Policies appeared first on My Top Insurance Blogs.

Life Insurance 64

Life Insurance Insurance Policy Policy Insurance 64

Distinguished

MARCH 10, 2025

While adding these items to a property or package policy might seem convenient, museums face unique exposures that such generalized policies often fail to address. A stand-alone Fine Art & Collectibles insurance policy is designed to provide museums with comprehensive coverage of the items and their vulnerabilities.

Policy 52

Policy Deductible Damage Claim 52

Insurance Journal

FEBRUARY 19, 2025

Rhonda Chandler, of the Columbus area, stole and misappropriated funds, including premiums for pre-need life insurance policies, commonly known as burial … A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4

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Theft Insurance Agent Insurance Agents Agents 191

Distinguished

JANUARY 22, 2025

Distinguished offers a Renewal Certificate Endorsement , now available for eligible Contractor’s Pollution Legal Liability Plus (CPL) and Contractor’s Pollution & Professional Legal Liability Plus (CPPL) policies. Please refer to the policy forms for specific coverage details. How Does it Work?

Policy 52

Policy Broker-Agent Inland Marine Liability 52

Insurance Journal

OCTOBER 15, 2024

They provide some premium relief for the insured. Deductibles serve several purposes. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the policyholder would rather not …

Deductible 264

Deductible Policyholder Premium Damage 264

Solstice Insurance Broker

JANUARY 23, 2025

Brokers should advocate for clients year-round, assisting with claims and policy updates. Be the Lighthouse In the often murky waters of insurance jargon and policy complexities, your role as an insurance broker is akin to a lighthouse. Be proactive about policy updates that might affect them.

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Broker Out-Of-Pocket Insurance Broker Deductible 100

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.

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Premium Insurance Insurer Insured 173

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

Insurance Journal

FEBRUARY 14, 2025

Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business owners policy (BOP), and commercial property experienced decreases in …

Commercial 147

Commercial Workers Comp Business Owners Policy Commercial Property 147

Insurance Journal

FEBRUARY 27, 2025

French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies and fewer claims for natural catastrophes. Full-year net income jumped by 10% from a year earlier to 7.89 billion euros ($8.28 billion), beating …

Claim 147

Claim Premium Insurance Policy Policy 147

Boyle Agency Insurance

DECEMBER 3, 2024

That’s because several factors influence the cost of auto insurance premiums. A clean driving record with no accidents or violations typically results in lower premiums, as it demonstrates responsible driving behavior. Younger, less experienced drivers often face higher premiums due to a higher perceived risk.

Premium 73

Premium Auto Insurance Out-Of-Pocket Deductible 73

Top Insurance Blogs

MAY 21, 2025

As a licensed car insurance agent in Germany with over 10 years of experience and a driver with two decades behind the wheel, Ive had countless discussions with clients about what truly influences their car insurance premiums.

License 58

License Premium Insurance Agent Insurance Agents 58

TGS

MAY 6, 2025

An escrow account is a financial arrangement managed by your mortgage lender to cover expenses like home insurance premiums and property taxes. Life Changes: Updates like home renovations or changes in property value might require a new policy. What Is an Escrow Account in Home Insurance? Why Change Your Home Insurance?

Home Insurance 52

Home Insurance Policy Insurance Policy Premium 52

Insurance Journal

AUGUST 15, 2024

As industrywide auto insurance loss costs appear to be moderating, consumers continue to shop policies at elevated rates, according to the latest quarterly Insurance Personal Lines and Perspectives report from TransUnion. The American consumer credit reporting agency found that the …

Auto Insurance 263

Auto Insurance Insurance Insurer Insured 263

Wren Insurance Agency

OCTOBER 23, 2024

Now that we are in the thick of the official hurricane season here in Florida, you may have noticed - if you recently tried to bind a new home insurance policy - that most carriers will stop writing up to a week or two prior to a named storm possibly impacting the state. The more damage, the more likely premiums will rise at renewal.

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Policy Insurance Companies Premium Damage 74

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

Shield Insurance Agency

MAY 12, 2025

It’s a common misconception that standard auto insurance policies will cover recreational vehicles. Standard policies typically do not extend to these types of vehicles. That’s why it’s essential to work with a trusted agent who can explore your options and find a policy tailored to your specific needs.

Out-Of-Pocket Expense 59

Out-Of-Pocket Expense Out-Of-Pocket Auto Insurance Insurance Policy 59

American Agents Alliance

APRIL 3, 2025

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. Education is often the first step.

Agents 52

Agents Policyholder Premium Auto Insurance 52

Mark Jackson Insurance Agency

MAY 7, 2025

Understand Who Owns the Vehicle If your teen will be driving a family vehicle, they can likely be covered under your existing policy. A car titled in your teens name may require a separate policy, depending on your insurer. These tools can promote accountability and may even help lower premiums over time.

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License Policy Auto Insurance Insurance Policy 52

Final Expense Brokerage

JUNE 23, 2024

Whether you want a policy that covers only funeral expenses or one that also includes outstanding debts or other end-of-life costs, you have the flexibility to tailor the coverage to your specific requirements. Many policies don’t require a medical exam, making it accessible to those with health issues.

Life Insurance 130

Life Insurance Premium Insurance Insurer 130

Protect Commercial Insurance

APRIL 11, 2025

This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters. The policies are often tailored to meet the specific needs of different industries, whether you own a quaint bakery on the high street or a bustling tech startup in the middle of a business district.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurance 52

Word & Brown

APRIL 1, 2025

Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes. Other health care-related expenses may also be deductible for your clients, depending on their incomes.

Deductible 52

Deductible Premium Out-Of-Pocket Insurance Policy 52

Property Insurance Centre

MAY 2, 2025

Business Owners are well aware of the importance of having the correct insurance policy for their business. Business Owners not only have to think about insuring their stock or contents, but will also have to consider having the correct Liability Cover on the policy.

Insurance 52

Insurance Insurer Insured Policy 52

Leadsurance

NOVEMBER 19, 2024

How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.

Home Insurance 52

Home Insurance Premium Deductible Insurance 52

TGS

OCTOBER 3, 2024

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. Let’s dig into the 10 factors that affect homeowners insurance premiums in Florida—and everywhere else, too.

Premium 52

Premium Deductible Out-Of-Pocket Insurance 52

Neilson Marketing Services

JANUARY 30, 2025

Interactive quizzes and chatbots: Guiding users through policy selection based on their needs improves engagement. Localized content: Clients in different states or regions have different requirements, and localized content makes policies more relevant.

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Insurance Agency Insurance Insurer Insured 99

R&R Insurance

FEBRUARY 20, 2025

This rate reduction will affect work comp policies with renewal dates between 10/01/24 to 09/30/25. Workers compensation rates are state mandated in Wisconsin, meaning all insurance carriers must use the same rates resulting in premiums from one carrier to another are basically the same. Rates in 2024 fell an average of 10.5%

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Workers Compensation Insurance Carrier Premium Compensation 52