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Triple-I Blog | Kia, Hyundai vehicles stolen at record prices

Max Dorfman, Research Writer, Triple-I Low-cost Kia and Hyundai vehicles have begun to be stolen at prices similar to muscle cars and SUVs, the Highway Loss Data Institute (HLDI) has reported, based on an analysis of insurance claims in 2021. The spike is due in part to the fact that the models being stolen are not has electronic immobilizers that …

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How to deal with a total loss vehicle claim

Hearing that your vehicle has been declared a total loss can be frustrating. But not knowing what to do after that declaration can be downright stressful. In this article, we define a total loss, outline the five steps you should take after a total loss to streamline your settlement, and provide expert advice on how best to prepare for the …

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Distribution management transformation strategies for insurers to consider

What’s the biggest mistake carriers make when undergoing a data transformation? Carriers often see enterprise data modernization in a silo. While the value of data modernization is well understood from a BI and Analytics perspective, many operators fail to recognize the benefit mature data models and modern data infrastructure can have in transforming other parts of the business. Carriers lose …

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Business Landscape Tips | Snider insurance

If you own a commercial property, landscaping is part of doing business – whether you like it or not. To help take one more thing off your plate (and help boost your curb appeal in the process), consider hiring a commercial landscape contractor. But how do you choose the right contractor? And what services do you really need? To help …

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Business Landscape Tips | Stubbs Insurance Associates, Inc.

If you own a commercial property, landscaping is part of doing business – whether you like it or not. To help take one more thing off your plate (and help boost your curb appeal in the process), consider hiring a commercial landscape contractor. But how do you choose the right contractor? And what services do you really need? To help …

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How to turn good customer service into great customer service

At Central, our top priority is to maintain positive relationships with our agents, policyholders and employees. Every move we make is an effort to improve the experience of these vital individuals. Whether we are refining our product offering to meet the changing needs of policyholders, reconfigure employee benefits to exceed evolving industry standards, or adjust our catalog of services to …

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Business Landscape Tips | May’s insurance fund

If you own a commercial property, landscaping is part of doing business – whether you like it or not. To help take one more thing off your plate (and help boost your curb appeal in the process), consider hiring a commercial landscape contractor. But how do you choose the right contractor? And what services do you really need? To help …

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California governor signs insurance bills

California Governor Gavin Newsom signed insurance bills that will affect insurance agent licensing and bonding procedures. SB 1242 requires mandatory training that agents and brokers must complete to obtain or renew a license, including at least one hour of insurance fraud study. The law also requires them to report suspected fraudulent applications for coverage to the Department of Insurance and …

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Review your policy after these major life changes

If you have life insurance, you’re in good shape. But when major life changes occur, it’s time to review your policy and update it to suit your new situation. When should you review your life insurance? Several life events will significantly change your life insurance needs. These include: Marry: Once married, your lives merge into one, sharing finances and personal …

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