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Underwriting has also tightened, particularly for properties on the coast or in areas prone to natural catastrophes.
Insurance leaders often advise policyholders to beware of anyone who shows up unannounced right after a storm.
Insurance technology news from Majesco, Novo Insurance, Insurity and more.
The latest insurance industry personnel news from McGriff, USQRisk, Lions Gate Underwriting and more.
Several aspects of the law are effective immediately and will affect bad faith claims, comparative negligence and attorney fee awards.
Commercial properties with poor loss histories and those located in CAT-prone areas could see rates grow as much as 150%, according to Alera Group.
Every business's tax situation is unique, so it's important to discuss these tax planning strategies with a tax professional before making any significant moves.
Properties subject to flood risk don't exhibit the market pricing discounts they might be expected to have.
Insurance industry news from Ushur, Tysers, CIECA and more.
Insured-property ZIP codes are one of the factors underwriters consider when quoting the premium for a given policy.