Read our new blog: https://lnkd.in/e7f84Eqe When it comes to the hazardous action of turning left, there are many contributing factors. Multiple studies have found significant benefits of #roundabouts versus traditional controlled intersections. David Hurt, MBA, CPCU, Property/Casualty Claims Executive, takes a look at some statistics. #autoinsurance
Interesting and insightful article. Thanks for sharing the knowledge!
Commercial insurers may be enjoying the benefits of years of rate hikes and tougher underwriting standards. That’s one of the takeaways from a review of loss ratio results from leading business and specialty insurers.
Florida-based insurers still aren’t profitable overall, but their net losses and underwriting losses are getting smaller. Well, that is something to be positive for! Follow easyinsurance.com to stay updated.
Please read the attached article from last week's Wall Street Journal. It’s a great article with excellent insights into: • Industry Profitability/Sustainability • Industry UW Standards Adaptations • Severe Weather Events / Catastrophe Losses • Reinsurance Market Appetite The current trends we’re experiencing may be here for the foreseeable future. https://on.wsj.com/3OOXCvF #educationiskey
Interesting article here from WSJ discussing the driving factors behind the rate increases we've seen in the last five years. The escalating cost of catastrophes is reflected in a steep increase in premiums for the reinsurance coverage that carriers buy to pass on some of the risk. In catastrophic prone states (Texas), those higher premiums can feed directly through the price charged to homeowners.
Top Producing Broker-Sales Associate & Certified Real Estate Instructor
Insurer
Insurer
⛨ Insurance coverage to families & businesses ⛨ 20+ years w/ generations of insurance experience | Worker's Comp | Health | Life | Home | Auto
Interest rates are reshaping our business landscape, leaving big marks in reinsurance and policy financing. Higher rates weigh on markets, impacting places like California, Texas, and Florida where disasters hit hard. It's affecting insurance costs and even the real estate market. These increasing rates are slowing things down. Repost this if it helped you understand how interest rates are impacting the insurance and real estate markets. #InterestRates #InsuranceMarket #RealEstate #CatastrophicEventsInsurance #FireAreaHomeInsurance #HighInsurancePremiums
Is your home insured to the required limit which allows you to rebuild in a total loss? Most prospective clients I have an opportunity to review coverage for are underinsured. You will want to find out before you have a total loss? We can help! #MarshMcLennanAgency
Insurer
Insurer
Treaty Account Executive at Gen Re
2wGreat topic David. My town (Dublin, OH) has been constructing roundabouts for the past 15 years. With only one exception, accident severity has dropped very significantly for each of those intersections. The exception was the roundabout built at State Route 161/Bridge Street and Dublin Road. When opened, this roundabout had a design flaw that actually increased accident frequency and severity. The City of Dublin quickly addressed the issue with a revision to the overall design. Since then, the roundabout has produced the same positive effects outlined in your article. The initial study and design project is key in making sure the roundabout works well for the given intersection. Link to Dublin, OH roundabout issue if interested: https://www.wosu.org/news/2017-08-14/dublin-built-a-traffic-circle-to-reduce-accidents-the-opposite-happened