Triple-I: Homeowners Insurance

APRIL 10, 2025

Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the states risk profile continues to evolve in ways that impede progress, according to the most recent Triple-I Issues Brief.

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Insurer Insured Insurance Premium 52

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points

Commercial 68

Commercial Underwriting Underwriter General Liability 68

ProWriters

MAY 20, 2025

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. The question is: How do you price risk when attacks are becoming faster, smarter, and more unpredictable? More scrutiny on claims, as regulators push for clearer definitions of cyber risk coverage.

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Cyber Broker Risk Insurance Broker 52

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market. in 2024 vs. 13.0%

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Underwriting Underwriter Policyholder Premium 52

ProWriters

NOVEMBER 18, 2024

After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. With rising litigation risks, emerging industries, and a more competitive marketplace, the question remains: Will the soft market continue, or are we in for another shake-up?

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Premium Insurer Insured Insurance 101

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. Say that again.

Workers Comp 63

Workers Comp Risk Workers Compensation Injury 63

Zywave

MAY 15, 2025

Digital platforms and APIs can integrate insurance into purchases across multiple industries, while advanced data analytics and AI allow for real-time risk assessment and personalized offerings, creating more relevant and frictionless customer experiences. Threat or opportunity? Brokers enjoy similar customer access benefits, at a lower cost.

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Broker Insurer Insured Insurance 52

TGS

FEBRUARY 28, 2025

Insurance companies rely on these reports to assess risk when underwriting a new policy. If a home has a history of frequent claims, insurers may see it as high-risk, which can lead to higher premiumsor even difficulty securing coverage. For Homebuyers : Knowing a homes claim history can uncover hidden risks.

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Claim Home Insurance Damage Insurance Agency 52

Triple-I: Homeowners Insurance

MAY 15, 2025

point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. This advancement was largely attributable to robust net written premium (NWP) expansion, with growth rates of 14.4 demonstrating a substantial 5.1-point

Workers Compensation 45

Workers Compensation General Liability Liability Underwriting 45

Boston ERISA & Insurance Litigation

DECEMBER 5, 2024

To me, the consistent theme that underlies all of the discussion is the ability of AI tools to improve the industrys ability to understand, interpret, manipulate and manage massive amounts of data (and also the risks of bad faith claims from doing so).

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Premium Risk Underwriting Underwriter 40

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

Distinguished

MAY 6, 2025

For brokers, understanding inland marine insurance isnt just beneficial; its a strategic advantage for serving clients with unique risks. Brokers who understand these risks can proactively offer coverage that keeps businesses moving forward. Geographic scope: Local, interstate, or nationwide operations impact risk exposure.

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Inland Marine Insurance Inland Marine Marine Insurer 40

Triple-I: Business Insurance

OCTOBER 25, 2024

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP).

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Underwriting Underwriter Commercial Auto Insurance 52

Cowbell

APRIL 16, 2025

Cowbell MDR SOC-as-a-Service actively works to reduce your risk and mitigate incidents before they cause damageoften lowering your insurance exposure and premium over time. Customize Your Plan: Well tailor a SOC-as-a-Service package based on your unique risk profile and business needs. Dont let cyber risks derail your business.

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Cyber Risk Premium Protection 52

Distinguished

APRIL 21, 2025

However, with opportunity comes risk: property damage, liability claims, and unexpected financial losses can quickly turn a profitable investment into a costly liability. Properties near major rivers also face flooding risks. Umbrella insurance offers additional protection to cover unexpected legal and financial risks.

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Broker Liability Broker-Agent Building 52

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

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Broker License Insurance Broker Risk 52

TGS

NOVEMBER 5, 2024

TGS Insurance » Blog Homeowners Insurance Underwriting Questions: What to Expect When Getting a Quote So, you’re ready to take the plunge into homeowners insurance. Either way, there’s a step that often surprises people when they go to get a quote—the underwriting process. And, trust me, it can feel a bit like playing 20 Questions.

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Underwriting Underwriter Insurer Insured 52

ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. The Credit Suisse Bank collapse and FTX bankruptcy , for instance, sent shockwaves through the industry, reshaping the risk landscape that D&O Insurance providers must now navigate.

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Premium Insurer Insured Insurance 52

Distinguished

MAY 19, 2025

Restaurant owners face a complex set of risks that can disrupt operations and threaten profitability. Why Restaurant Need a Business Owners Policy Restaurants are fast-paced, high-risk environments that face frequent challenges from customer injuries and equipment breakdowns to power outages and spoiled inventory.

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Policy Business Owners Policy General Liability Liability 40

Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

Liability 52

Liability Liability Insurance Insurer Insured 52

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Insurers view these violations as signs of deferred maintenance and increased risk. Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums.

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Building Damage Insurance Broker Underwriting 59

Triple-I: Homeowners Insurance

MAY 8, 2024

Claims-related litigation is down, the “ depopulation ” of the state’s insurer of last resort continues apace, and underwriting profitability – while still in negative territory – has improved significantly. One factor keeping upward pressure on rates is fraud and legal system abuse. With only 15 percent of U.S.

Premium 52

Premium Insurer Insured Insurance 52

Zywave

NOVEMBER 13, 2024

But with growth opportunities comes risk. Even as cyber-attacks continue to increase in frequency, how can you boost your loss ratios? Investing in the cyber market and become a cyber insurance leader means you need to have a thorough understanding of the risks your clients face.

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Cyber Policyholder Insurer Insured 97

Distinguished

AUGUST 12, 2024

However, with growth comes risk, and that’s where Builder’s Risk insurance plays a critical role. In this article, we’ll take a deep dive into Distinguished’s Builder’s Risk insurance offerings in Georgia. How Much Does Builder’s Risk Cost in Georgia?

Risk 52

Risk Broker-Agent Insurer Insured 52

TGS

NOVEMBER 12, 2024

TGS Insurance » Blog Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums If you’ve recently dipped a toe into the world of smart home technology, you’re likely familiar with the benefits of convenience. Well, it all comes down to risk. To insurance providers, that’s a win.

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Home Insurance Premium Insurer Insured 52

Distinguished

SEPTEMBER 17, 2024

We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk.

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Risk Broker-Agent Deductible Insurer 52

Scott Insurance

OCTOBER 28, 2020

Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting general liability insurance policies. Thus, affordable housing providers are highly likely to experience a loss of coverage or relatively high insurance premiums. Read the full report here.

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Crime Insurance Carrier Risk General Liability 52

Distinguished

SEPTEMBER 10, 2024

From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. To address these diverse risks, Distinguished’s Builder’s Risk Program offers tailored solutions for Alabama’s construction needs.

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Risk General Liability Broker-Agent Insurer 52

American Agents Alliance

MARCH 3, 2025

New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage.

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Broker-Agent Broker Agents Risk 52

Distinguished

MARCH 20, 2025

And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. Without the right coverage, property owners could be exposed to significant financial and legal risks.

Building 52

Building Protection Damage Insurer 52

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 points from 2021, according to actuaries at Triple-I and Milliman , a risk-management, benefits, and technology firm. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2

Underwriting 40

Underwriting Underwriter Workers Compensation Premium 40

AMAXX

JANUARY 13, 2025

Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk. Employers: The Insured Employers, referred to as the insured or the risk, are the foundation of the workers compensation system.

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Workers Compensation Compensation Workers Comp Broker-Agent 98

Majesco

MARCH 27, 2025

When she recently realized that her premiums for both vehicles were nearly identical (and they had both gone up), she called her insurance agent. The potential premium savings are worth the data sharing. Both generational groups are experiencing related tipping points, however, due to the effect of inflation on insurance premiums.

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Auto Insurance Insurer Insured Insurance 52

Majesco

MAY 23, 2024

Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. It is time to rethink the business and risk resilience. They suggest digitalization can be a force for closing insurance protection gaps.

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Risk Underwriting Underwriter Insurer 40

Distinguished

SEPTEMBER 25, 2024

An increase in construction also means an increase in financial risk. This is why the popularity of Builder’s Risk insurance is growing. Read on to learn more about the coverages, costs, and benefits that make Distinguished’s Builder’s Risk Program ideal for Tennessee’s booming industry. 

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Risk Broker-Agent Insurer Insured 52

Distinguished

MARCH 19, 2025

Mold & Water Damage are also major concerns; leaks or excessive moisture can lead to mold growth that poses health risks. Additionally, Electrical Hazards like exposed wiring or unpermitted electrical workpose serious safety risks. Insurers view these violations as signs of deferred maintenance and increased risk.

Building 52

Building Broker Damage Insurance Broker 52

Distinguished

MARCH 17, 2025

With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies. This can pose serious health risks for tenants and lead to significant liabilities. Insurers view these violations as signs of deferred maintenance and increased risk.

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Broker Insurance Broker Building Underwriting 52