When the Insurance Industry Has an Underwriting Loss What Does that Mean for You?

An article in today’s Insurance Journal is headlined – “A.M. Best Sees $12 Billion P/C Insurance Underwriting Loss for 2018.” This article has a great headline for insurance companies but the content paints a much better picture for consumers. Case in point, the article says that A.M. Best expects the P/C industry to generate pre-tax … Continue reading When the Insurance Industry Has an Underwriting Loss What Does that Mean for You?

Insurance Policy Canceled? How Much Money You Get Back Isn’t Always Clear

Like all things with insurance there is no definitive answer about how much money you will get back when an insurance policy is cancelled. There are things called short-rate, pro-rata, and minimum earned premium that can all impact how much money you get back if your insurance policies are cancelled.

Four Common Business Income Coverage Gaps

According to the Allianz Risk Barometer, a survey of businesses and what they feel are their biggest risks, the top three risks that companies face in 2019 are all easily insurable. Unfortunately, after reviewing thousands of policies I often find that these risks are either not adequately covered or, even worse, not covered at all. … Continue reading Four Common Business Income Coverage Gaps