State Farm Withdraws From California Homeowners, Commercial Property Market | | https://www.iamagazine.com/news/state-farm-withdraws-from-california-homeowners-commercial-property-market | State Farm Withdraws From California Homeowners, Commercial Property Market | State Farm cited the hard market and protecting the company’s bottom line as the reason for the withdrawal. | 5/30/2023 4:00:00 AM | In the News | In the News
Homeowners
Commercial Lines | News | Will Jones | | |
Triple Net Lease: The Problems With Leaving Insurance Up To the Tenant | | https://www.iamagazine.com/strategies/triple-net-lease-the-problems-with-leaving-insurance-up-to-the-tenant | Triple Net Lease: The Problems With Leaving Insurance Up To the Tenant | A property owner does not carry their own property and liability insurance because, based upon the triple net lease, the tenant must provide all of this insurance for the landlord. | 5/26/2023 4:00:00 AM | Commercial Lines | Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |
Providing Coverage for BPP Outside ‘100 Feet of the Premises’ | | https://www.iamagazine.com/strategies/providing-coverage-for-bpp-outside-100-feet-of-the-premises | Providing Coverage for BPP Outside ‘100 Feet of the Premises’ | A firewood company has $500,000 of stock on 12 acres, but the business personal property policy says it is only covered with 100 feet of the building. | 4/14/2023 4:00:00 AM | Commercial Lines | Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |
3 Ways Commerce Is Evolving in a Hybrid World | | https://www.iamagazine.com/strategies/3-ways-commerce-is-evolving-in-a-hybrid-world | 3 Ways Commerce Is Evolving in a Hybrid World | Now that the urgency of the coronavirus pandemic has regressed, managers can spend more time sorting out the minute details of their hybrid schedules. | 4/12/2023 10:05:00 AM | Commercial Lines | Commercial Lines | Strategies | Rose Morrison | | |
Personal Lines Rate Increases Moderate in Q1 2023 | | https://www.iamagazine.com/news/personal-lines-rate-increases-moderate-in-q1-2023 | Personal Lines Rate Increases Moderate in Q1 2023 | While homeowners and personal articles insurance on a composite basis were down slightly in the first quarter of 2023, auto insurance rates increased. | 4/10/2023 10:05:00 AM | In the News | Personal Lines
Commercial Lines | News | MarketScout | | |
Perfect Storm Creates ‘Hardest Market Cycle in a Generation’ | | https://www.iamagazine.com/news/perfect-storm-creates-hardest-market-cycle-in-a-generation | Perfect Storm Creates ‘Hardest Market Cycle in a Generation’ | Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant pressure on the property-casualty industry. | 3/30/2023 4:00:00 AM | In the News | Commercial Lines
Personal Lines
In the News | News | Will Jones | | |