Distinguished

MARCH 20, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. She oversees the programs strategic planning, product management, and underwriting profitability.

Broker

R&R Insurance

FEBRUARY 20, 2025

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. While at first glance, this appears a boon to the bottom line for Wisconsin contractors as work comp premium makes up the lions share of insurance costs.

Workers Compensation

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%

Underwriting

AMAXX

JULY 15, 2025

Understanding the real impact of frequency versus severity on your experience modification factor (mod) is crucial if you want to keep your insurance premiums under control. Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” A mod of 1.00

Workers Comp

Simply Insurance

JUNE 15, 2025

(DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Workers Comp

Distinguished

JULY 7, 2025

More details would be required to underwrite. Q: Will you consider wine bars or establishments with high liquor-to-food sales ratios due to premium pricing? A: Yes, subject to individual risk underwriting. A: There are no specific crime score criteria, but we may utilize crime scores in our underwriting process.

Policy

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Can you outline some of the most common housing violations in Los Angeles?

Building

Zywave

MAY 15, 2025

At the point of purchase the exact moment when customers are most receptive to considering protection insurance providers are now able to make instant underwriting decisions. At the same time, they benefit from contextual data that improves underwriting precision. Threat or opportunity?

Broker

Distinguished

MAY 6, 2025

The cost of inland marine insurance varies based on several key factors: Type and value of property: Higher-value or specialized equipment typically results in higher premiums. Coverage limits and deductibles: Higher coverage limits raise premiums, while higher deductibles lower them.

Inland Marine Insurance

Triple-I: Homeowners Insurance

MAY 13, 2025

Insurers underwrite and price coverage based on the risks theyre assuming, and rising premiums in these states have pushed more homeowners into residual market mechanisms, such as state-backed insurance pools or agencies. In some cases, this has led to insurers limiting or reducing their business in the state.

Risk

Simply Insurance

JUNE 16, 2025

(DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Workers Comp

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

Simply Insurance

JUNE 16, 2025

For example, the long-term care insurance deduction for self-employed individuals differs from the long-term care premiums tax deductible for S corps. In these situations, if you own more than 2 percent of the S Corp as a shareholder, the S Corp pays your insurance premium. Your deductions also vary based on your situation.

Deductible

Simply Insurance

JUNE 28, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. However, they are in the process of updating how they calculate risk and monthly premiums. How Will This New Rating System Affect NFIP flood insurance premiums? Premiums will only increase until the full-risk rate is reached.

Home Insurance

Specialty Insurance

JULY 22, 2025

Underwriters approach beneficiary-trustee coverage with increased caution, often imposing higher premiums, coverage restrictions, or declining coverage entirely. The appearance of conflicts can be just as damaging as actual conflicts, leading to costly litigation regardless of the trustee's actual conduct.

Damage

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

Distinguished

MARCH 20, 2025

When our underwriting teams evaluate a new policy, they primarily look at the following three factors to determine pricing: Maintenance : Whether the property is well looked after and is free from any characteristics that would make it more risky or ineligible for coverage. We prioritize human insights over automation.

Building

Distinguished

MAY 19, 2025

Cost-Efficient Coverage By combining these key protections under one policy, restaurants may save on premiums and reduce the administrative burden of managing multiple policies. Distinguished offers competitive pricing with low minimum premiums and flexible quoting. How Much Does Business Owners Policy Insurance Cost?

Policy

Word & Brown

MAY 19, 2025

To be specific, were here for you from start to finish from prospecting to quoting, enrolling to underwriting, and servicing to renewing. When you partner with us, you can offer your eligible clients value-added extras like COBRA admin, a Premium Only Plan (POP), and/or ERISA services.

Broker

Simply Insurance

JULY 11, 2025

(DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Life Insurance

Rough Notes

MAY 30, 2025

Premiums are rising, underwriting standards are tightening, and expectations for digital efficiency have never been higher. As agents work to navigate these pressures, many are taking a […]

Agents

Simply Insurance

JUNE 16, 2025

About Life Event Statistics Discover the most up to date life event statistics in America and how they affect your insurance premiums. DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website.

Workers Comp

ProWriters

MAY 20, 2025

Insurers are also refining their underwriting processes, using AI-driven analytics to move away from traditional questionnaires and toward real-time risk assessments that adapt to a companys evolving cyber posture. Help Clients Strengthen Their Security Posture: Some insurers offer companies with strong cyber security measures lower premiums.

Cyber

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. A policy can help with incident-related costs, but it wont stop attackers from penetrating your environment. ROI Analysis: The Cost-Effective Path to Cyber Resilience 1.

Cyber

Distinguished

MARCH 19, 2025

Even if some violations are eventually addressed, a history of non-compliance can still lead to higher premiums. Both resolved and unresolved violations can affect the terms, premiums, and overall coverage of these policies. She oversees the programs strategic planning, product management, and underwriting profitability.

Building

Simply Insurance

JUNE 23, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. However, they are in the process of updating how they calculate risk and monthly premiums. How Will This New Rating System Affect NFIP flood insurance premiums? Premiums will only increase until the full-risk rate is reached.

Home Insurance

TGS

FEBRUARY 28, 2025

Insurance companies rely on these reports to assess risk when underwriting a new policy. The most common report is the Comprehensive Loss Underwriting Exchange (C.L.U.E.) If a property has multiple claims, it might lead to: Higher premiums Frequent past claims signal higher risk. Why Should Homebuyers and Homeowners Care?

Claim

Simply Insurance

JUNE 12, 2025

However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Insurance Quotes

Simply Insurance

JUNE 12, 2025

Heres a quick look at how different benefit periods can affect your monthly premiums. Benefit Period Monthly Premium Notes 1 Year $50 Short-term coverage 5 Years $75 Medium-term coverage Until Retirement $120 Long-term coverage How Much Does a 2 Years Disability Insurance Policy Cost? Heres what you might expect to pay.

Insurance Quotes

Simply Insurance

JUNE 9, 2025

However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Insurance Quotes

Simply Insurance

JUNE 15, 2025

They offer various discounts, including multi-policy discounts, that can save you money on your premium. However, they are in the process of updating how they calculate risk and monthly premiums. How Will This New Rating System Affect NFIP flood insurance premiums? Premiums will only increase until the full-risk rate is reached.

Home Insurance

Simply Insurance

JUNE 11, 2025

However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Insurance Quotes

Simply Insurance

JUNE 3, 2025

Remember, the deductible you choose will affect your monthly premium, the lower the amount of coverage you want, the higher your premiums. If you choose a higher deductible, your premiums will be lower. Any insurance policy premium quotes or ranges displayed are non-binding. How To Choose Your Deductible?

Deductible

Word & Brown

JUNE 21, 2025

Underwriting: The insurance company process for evaluating the risks and setting rates. Advanced Premium Tax Credit (APTC): A federal subsidy that helps eligible individuals purchase coverage. It provides details concerning the costs of medical services – and how they will be shared. An EOB is not a bill.

Building

Simply Insurance

JUNE 12, 2025

However, you should always ensure that the monthly premium doesnt cost more than what your property brings in on average every month; otherwise, it wont be worth the cost of coverage. Any insurance policy premium quotes or ranges displayed are non-binding. Any insurance policy premium quotes or ranges displayed are non-binding.

Insurance Quotes

Majesco

FEBRUARY 13, 2025

Unsafe driving, inflation, and auto repair costs are responsible, in part, for rising premiums. We can see how insurance premiums are affecting the gulf coast and now, California. It is even likely in some cases that their insurers understood these efforts and lowered their premiums. during this 10-year period. [iv]

Risk