Roof Claim Costs Increased 30% from 2022 to 2024
Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to a report from Verisk.
Claims
Should Subcontractor-Caused Damage Be Covered by General Contractor’s CGL Installation Floater?
A subcontractor called the general contractor and told him he moved a water supply line, after which a leak occurred. The sub filed a claim, but now denies he ever touched the supply line. The sub’s carrier won’t follow through with the claim.
Does a BAP Cover a Claim Outside the Radius of Operations?
If the insured has a claim outside the 500-mile radius, will the claim be covered? Is there a chance the carrier may wish to nonrenew or cancel?
Homeowners Repair Cycle Length Reaches All-Time High
Homeowners claims are taking longer to resolve than ever before with the average claim cycle time—from filing the claim to finished repairs—now 32.4 days, says J.D. Power.
7 Questions Answered by the Young Agents Podcast Series
In response to the hard market, the Big “I” national Young Agents Committee (YAC) and Trusted Choice® created the Young Agents Tactical Series. This podcast and short video series equipped emerging leaders with knowledge and resources to help better serve clients during a challenging time.
Mitigating and Managing Workers Comp Claims
Insurance agents play a key role in helping their clients prevent injuries, reduce claims, protect the health of their employees and safeguard the financial health of their businesses.
Equipment Breakdown Tops Most-Common Restaurant Claims
Restaurants continue to experience significant challenges from increasing payroll costs, inflation and claims, according to a report from NEXT Insurance.
Hurricane Helene Devastates Southeast, Exposing Flood Insurance Gap
The disaster highlights just how alarmingly low flood insurance coverage is among Americans, particularly in areas that are farther from the coast.
Declaration of Independents: Haley Andrews
Growing up in a family where insurance was a topic of conversation at the dinner table, Andrews’ future in insurance was written in the stars.
AN Radio: Preparing for the Storm and Flood Insurance Strategies
Brian Chapman, agent and owner of Chapman Insurance in Florida, sits down with Cassie Masone, vice president of flood operations at Selective Insurance.
