Posts by: safeguardis

Integrating API/Pulled Data with Surveyor Data to Ensure Accuracy

In the insurance industry, data accuracy is crucial for mitigating risks and making sound underwriting decisions.  This is particularly true when it comes to assessing

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U.S. P/C Industry Underwriting Loss Reaches 10-Year High: AM Best

2024/March/U.S. P/C Industry Underwriting Loss Reaches 10-Year High: AM Best Source : Carrier Management AM Best published its annual tally of the U.S. property/casualty insurance

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Understanding How Home Surveys Influence Carrier Loss Ratios

Insurance carriers closely monitor the loss ratio of insurance companies, but what exactly does this term mean? And how does it tie into the percentage

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The Vital Role of Insurance Inspections in Fortifying Against Frequent 100-Year Storms

In the present era of climate fluctuations, the frequency of extreme weather events, once deemed rare, has become a harsh reality. The term “100-Year Storm”

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As home insurance bills go up across the US, owners’ coverage is going down

2024/February/As home insurance bills go up across the US, owners’ coverage is going down Source : North Bay Business Journal Robert Shiver’s bill for his

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The Impact of Inspections on Carrier Reinsurance for Ensuring Accuracy and Getting Accurate Data

Inspections act as the eyes and ears of the insurance industry, offering a comprehensive understanding of the risks associated with different policies and portfolios. Whether

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How much risk will insurers take on in 2024?

2024/February/How much risk will insurers take on in 2024? Source : INSURANCE BUSINESS A new global study conducted by Ortec Finance indicates a trend among

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More than 18 million rental units at risk from climate hazards as extreme weather becomes more common, Harvard study finds

2024/February/More than 18 million rental units at risk from climate  Source : CNBC The U.S. experienced 28 weather and climate disasters in 2023, costing a

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In SW Florida, High Home Insurance Rates are Driving Away Would-Be Buyers

2024/February/In SW Florida, High Home Insurance Rates are Driving Away Would-Be Buyers Source : INSURANCE JOURNAL (Bloomberg) — Florida’s southwestern coast — long one of America’s

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Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6%

2024/February/Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6% Source : INSURANCE JOURNAL The excess and surplus lines market continued to grow in

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