How Increasing Legal Costs Are Impacting Insurance Coverage Across the insurance industry, rising legal costs and larger jury verdicts are significantly increasing the severity of claims. This trend, often referred to as social inflation, is impacting both personal and commercial insurance policies across the country. As claims become more expensive…
-
-
Parkway Attends: IIAH Conference
Investing in Growth at the IIAH Conference At Parkway Insurance Group, we believe that excellence in service begins with continuous growth. Staying informed, connected, and engaged within our industry allows us to better serve our clients and strengthen the partnerships that matter most. Recently, members of our team had the…
-
Why your “Age of Issue” Matters in January
Locking in Your Future Health (and your lowest rates) Today When most people think of their age, they think of their last birthday. However, in the life insurance industry, the math works a little differently. Most carriers use a concept called “Age Nearest,” which determines your premium based on whichever…
-
Unpredictable Weather, Reliable Coverage: A Homeowner’s Insurance Check-Up
The weather can be incredibly unpredictable, can’t it? While spring and summer might be known seasons for turbulent weather like tornadoes, especially in certain parts of the country, nature often has its own schedule. Unexpected weather patterns can bring heavy rain, flooding, or even unseasonal tornadoes, as seen in Dallas,…
-
Homeowners vs. Renters Insurance: What’s the Difference?
This compares homeowners insurance, which covers both a building and belongings, to renters insurance, which covers only belongings and liability.
