Farmers Insurance® announced it will resume accepting new business Commercial Multi-Peril applications for Auto Service & Repair, Habitational, Manufacturing, Real Estate and Wholesale Distribution policies in California, as of August 1, 202
Tag: habitational insurance
State Farm Non-Renewing 72,000 Policies in California
State Farm released the following statement regarding its decision to non-renew 72,000 policies in California.
ProgramBusiness: Outlook for the P/C Insurance Industry in 2023
The overall P/C insurance industry forecast for 2023 is optimistic due to the continued introduction of technology and the digitalization of the insurance process.
RPS Releases 2021 U.S. Property Market Outlook Report
2020 was a year marked by the pandemic and its economic fallout, coupled with record setting catastrophe losses. As we look ahead to 2021, our latest U.S. Property Market Outlook discusses the relative impact across key niche industries such as hospitality, habitational real estate, schools and public entities. Help your clients succeed with our 2021… Continue reading RPS Releases 2021 U.S. Property Market Outlook Report
Worldwide Facilities Expands Customer Relationship Resources—Garett Kaneko Joins As EVP
Worldwide Facilities, national wholesale insurance broker, managing general agent and program underwriter, is pleased to announce that Garett Kaneko has joined the company as Executive Vice President, National Client Management and Sales. As part of the senior management team, Garett’s responsibilities will include development and enhancement of the company’s relationships and relevance with its customers… Continue reading Worldwide Facilities Expands Customer Relationship Resources—Garett Kaneko Joins As EVP
Worldwide Facilities Brings Access to Exclusive Habitational and LRO Property Programs with New Hire
Worldwide Facilities, national wholesale insurance broker, managing general agent and program underwriter, is pleased to announce the addition of Juliet Carrillo to the Conley/Lehtonen team in the Los Angeles Property Department as Assistant Vice President & Broker. In her 30-year insurance career in Los Angeles, Carrillo has worked as both an underwriter and surplus lines… Continue reading Worldwide Facilities Brings Access to Exclusive Habitational and LRO Property Programs with New Hire
U.S. Commercial Insurance Rates Increase 4% in Q3
U.S. commercial property/casualty insurance rates rose 4% on average in the third quarter of 2019, up from 3% in the second quarter, online insurance exchange MarketScout Corp. said Monday. By industry class, habitational and transportation businesses saw the highest average rate increases at 6% and 7.5%, respectively, MarketScout Corp. said. A “relatively benign” third quarter… Continue reading U.S. Commercial Insurance Rates Increase 4% in Q3
Chubb Launches New Real Estate Industry Practice for the UK and Ireland
Chubb on Friday announced the launch of a new Real Estate Industry Practice for the UK and Ireland. This latest iteration of Chubb’s existing Real Estate offering brings together Chubb’s specialist capabilities in underwriting, claims management and multinational servicing into one client-focused proposition. Chubb’s Real Estate Industry Practice has been launched in response to segment… Continue reading Chubb Launches New Real Estate Industry Practice for the UK and Ireland