4+ day, 16+ hour ago   (572+ words) A softening commercial property market hands clients something they have not had for most of the past decade: room in the insurance budget. What happens to that room at renewal is the decision that gets tested years later, at claim…...

5+ day, 16+ hour ago   (310+ words) New index lists repair cost trends among several factors Triple-I says contribute to premium pressure, a data point relevant to shops navigating cost conversations with insurers. A new data tool from the Insurance Information Institute (Triple-I) lists vehicle repair cost…...

6+ day, 4+ hour ago   (449+ words) A related and thornier issue, Rosenbaum said, is what happens once an expert's report is actually finished. Insurers rely on those reports to determine a coverage position, but clients are typically shown only the portions the insurer chooses to share,…...

1+ week, 4+ hour ago   (655+ words) General insurance is still being treated as an afterthought rather than a core part of financial advice, despite growing focus on customer outcomes and ongoing concerns about underinsurance, according to Mark Chappell (pictured), head of intermediary at Ceta Insurance. The…...

1+ week, 20+ hour ago   (721+ words) Buying insurance is commendable. Being a prudent buyer of insurance is even better. That means more than bargaining for lower premium or looking for more benefits. Insurance is different from most products and services we buy. The price reflects the…...

1+ week, 5+ day ago   (25+ words) koaa.com Many consumers are likely to switch insurance companies because of slow payouts...

1+ week, 5+ day ago   (539+ words) An insurer can tell a customer exactly what their premium is, but explaining why it landed at that particular number can be considerably harder. That gap is becoming more consequential as underwriting draws on wider sets of personal, behavioural and…...