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While underwriting losses are expected to improve, a return to profitability might be out of reach for 2023.
The assessment applies to all lines except for auto and will go to pay claims left by insolvent insurers.
The best way for an insurance specialist to service the crop insurance market is to sit and talk with its policyholders.
The state's department of insurance reports that nine companies applied for more than $60 million in funding from the program.
While Florida hurricanes are not unusual, this storm created claims complexities because of new statutory reforms, homeowners without flood insurance, and supply chain and worker shortages.
Companies will receive credit for any UPC policies that are taken prior to the approval of incentive program applications.
You have to know where you've been to get a clear view of where you should be headed.
Part Two: 2023 NU/PIA Independent Insurance Agent Survey | Coverage gaps are also a concern.
The insolvent Florida-based insurer has some 200,000 policies nationwide, including 30,000 policies in Louisiana.
Policyholders with first quarter renewals are seeing significantly higher rates compared with the year prior.