Property Claims Decline as Regional CAT Events Intensify
Local catastrophes caused intense regional volatility, according to Verisk, but overall lower claim volume contributed to the property & casualty industry’s strong first-quarter results.
Personal Lines
New Private Flood Option From Titan and Nationwide
The policy provides flood-only coverage for homes and personal property, protecting homeowners from flood risks not covered by standard homeowners or renters insurance.
Barndominium Insurance: 5 Construction Trends That Impact Risk
As barndominium homes continue to grow in popularity, agents and clients should be aware of five key risks—and how to mitigate them—before moving forward..
The Hanover: Coverage Confidence Gaps Leave Homeowners Confused
The Hanover survey points to a coverage confidence gap between what consumers say they value in homeowners coverage and what they have taken the time to verify.
Why Summer Brings an Increase in Personal Auto Claims
Many drivers assume summer road risks come from major crashes or severe weather—but most claims actually arise from minor, inconvenient, and largely preventable incidents.
Underwriting and Liability Considerations for Multi-Dwelling Properties
An elderly couple built a one-story dwelling on their property for themselves and sold the property’s primary dwelling to their child.
How Independent Agents Can Advocate for Safer Roads
Nine in 10 drivers are seeing more aggressive, reckless and distracted driving. The good news is independent agents are uniquely positioned to influence driving behavior with both clients and lawmakers.
Deep Fakes: The New Front Line in Insurance Fraud
In the age of AI, the question for insurers is no longer whether digital deception will impact their business, but rather how quickly they are prepared to respond.
4 Personal Lines Trends That Increase E&O Exposure
In today’s personal lines environment, operational challenges are not just business hurdles; they can also translate into rising errors & omissions exposure for independent agents.
One Loss, Two Deductibles: Equipment Breakdown or Homeowners Loss?
A homeowner had a loss where the HVAC system’s condensate pump failed due to a mechanical breakdown. The HO3 policy with an equipment breakdown endorsement—form 16016—with a separate $500 deductible appears to indicate the condensate pump and the resulting water damage should be covered under the equipment breakdown endorsement. The insurance carrier says otherwise.
