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Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation

Insurance Journal

As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cases, declining to write liability policies at all …

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TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies

Insurance Journal

The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board of Directors approve a rate filing to increase rates by 10% for 2025 residential policies and by 10% for 2025 …

Policy 278
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SURE and SageSure Launch Non-Admitted Business Owners Policy in California

Insurance Journal

SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors.

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Cargo Insurance: The Five Policies You Need to Protect Your Fleet

Central Insurance

This article will explore key insights from Jason McConkey, Director of Transportation Underwriting at […] The post Cargo Insurance: The Five Policies You Need to Protect Your Fleet appeared first on Central Insurance Blog.

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States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded,’ Says NAMIC

Insurance Journal

By Chad Hemenway Policy discussions on the use of artificial intelligence in insurance are ‘unfounded’ and ‘detrimental to policyholders,’ according to an analysis from the National Association of Mutual Insurance Companies (NAMIC). The use of AI in insurance underwriting and …

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Business Owner’s Policy for Restaurants

Distinguished

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
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The All-in-One Solution for MGAs & Wholesalers: How Expert Insured Combines AI, Rating, Policy Lifecycle, and Accounting for Complete Management

Insurance Journal

Managing the entire insurance lifecycle can be a daunting task for MGAs and wholesalers, with processes spanning from underwriting to policy issuance and accounting. This post is part of a series sponsored by Expert Insured. Expert Insured is a comprehensive …

Policy 130