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“To manage their exposure, insurers are adopting more conservative strategies, including higher attachment points or stricter risk selection criteria, and, in some cases, are completely exiting high-risk sectors, such as trucking, certain types of healthcare, construction, or hospitality,” Gaffigan said.
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Crashing Car Costs? Here’s Your Escape Route! Car insurance is essential, but let’s face it, it can feel like a financial black hole. You need coverage, but who wants to break the bank? This guide is your roadmap how to get cheap auto insurance rates! Explore discounts, compare quotes & uncover smart saving strategies. Get…
[ad_1] Established in 1988, Retailers Casualty specializes in providing workers’ compensation coverage to over 2,200 businesses across Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. The company is managed by Summit Consulting LLC, which provides underwriting, policy administration, claims management, and loss prevention services. [ad_2] Source link
[ad_1] Proposed changes to New Mexico’s Fair Plan Matt Hunton, president and chief executive officer of Independent Insurance Agents of New Mexico, said insurers may reconsider their presence in the state if required to assume risks beyond their capacity. He said that as for-profit businesses, insurers will withdraw from the market if forced into unsustainable…
[ad_1] By challenging inflated replacement cost valuations, Christopher Becerra has reduced insurance premiums – pushing deals over the finish line [ad_2] Source link
[ad_1] Arch argued that it repeatedly requested EUOs from TnT Family’s owners, Teresa and Kendall Walles, starting in November 2023, months before the plaintiffs filed suit. When the plaintiffs refused to comply, the insurer moved to abate the case — a procedural halt — until the examinations could be completed. [ad_2] Source link
Auto Insurance; Your Guide to Motor Coverage and Rates Auto insurance is a type of policy that provides financial protection in case of an accident or theft involving your vehicle. It is mandatory in most states in the US, and failure to have it can lead to legal and financial consequences. knowing the different types…
