| | Market Spotlight
October 12, 2022 |
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Market Spotlight: Homeowners A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted capitalization, underwriting discipline, and technology use. The financial strength rating agency for the industry said catastrophes remain the primary driver of volatility in the homeowners line and results this year "may be impacted by the latest hurricanes, which could pressure the segment." But aside from this recent event, homeowners insurers have generated operating profits three of the last five years. Though the line of business dealt with another above-average year for catastrophes in 2021 - including events such as Hurricane Ida, Texas winter freeze, tornadoes, and wildfires - the segment's combined ratio improved by nearly four points thanks to growth in net premiums. Technology remains a differentiator among insurers as lower-cost, third-party data become more available to help in pricing risk, adjust claims, and market products. AM Best said it "expects partnerships among established insurers and insurtechs to grow." |
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| Anderson and Murison has personal insurance markets to make sure that whatever it is your clients invests in, it will always be protected. A&M has In-House binding authority with multiple A.M. A+ Rated markets that allow our experienced Underwriters to offer faster service and competitive quotes. We have ... States: 49 states Homeowners * Coverage A - $150k+ * No Max Coverage A * 1-4 Family Dwellings * Primary or Secondary * Builder's Risk * All counties/zip codes are open * Wind can be included in ALL areas - No distance to coast restrictions * No opening protection required - Wind can ... States: 50 states |
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| | Need Coverage for Habitational Risks? Apartment Buildings, Apartment Hotels, Timeshares, Vacants, and more, A&M has carriers to help protect your client's business property & assets. LIC #0323106. Anderson & Murison, Inc. |
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| Ensure your clients are covered no matter what their living arrangements are:Apartment Buildings, Condos (HO6), Dwelling Fire, High-Value Homeowners, Homeowners, Mobile & Manufactured Homes, Rental Properties, Renter's Insurance, Tenant Legal Liability, Townhomes, Vacant Properties, Vacation & Secondary Properties.Express Marketsoffers independent insurance agents access to broad portfolio of excess, surplus and ... States: 44 states Bass Underwriters offers Property Insurance for Homeowners. * HO3 * HO5 * HO6 * HO8 * DP1 * DP3 * Vacant As an MGA, we offer specialty products with professional service. Our relationships are driven by our commitment to our independent agents. Bass Underwriters provides critical facilities necessary for ... States: 22 states CRC is the personal lines specialist. Our national homeowners insurance program is written through an A.M. Best A XV rated carrier and includes a broad range of risks and coverages, including coastal wind. With in-house authority, we have the service and speed you need to meet your clients' needs. States: 50 states + DC |
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| KY Cargo policy to cover Bison in transit .. Does anyone know? by lindawood on Tue Sep 27, 2022 We have a piano moving company located in Ohio. They do make periodic trips outside Ohio (dependent on the piano purchaser). It is well run and the driving records for employee/drivers is clean. Anyone know of a market? by kris.h on Thu Sep 29, 2022 Need a market to provide excess over the $3,000,000 Calif. fair plan and a DIC market that will write $3,000,000 cov. A limit by allaireins on Tue Sep 20, 2022 Need Lessor's Risk property and GL coverage with W/H in Harris County, TX for 20K sq. ft. building ($3.2M) - Admitted only by aiagts on Fri Sep 2, 2022 In need of insurance on an off grid tiny home. Solar powered. Water is fed via electrical pumps. Primary heat source is wood stove. Outhouse is utilized. The use is a secondary vacation home. by markssean on Tue Aug 16, 2022 |
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