Posts & News

Insurance customers are price-sensitive shoppers, and they have become more so given the financial pressures of the struggling economy. Many observers fear that standard coverage is becoming commoditized to the point where customers routinely pick the cheapest policy for a given coverage without regard to brand, service reputation, or product features. [...more]
VIEW THIS POST → Why Agents and Customers Choose Higher-Priced Insurers

Rueters: Ben Berkowitz | April 17, 2012 Nearly three in four corporate risk managers are not buying insurance policies to cover data breaches and damage to customers’ privacy despite the rising threat of hacking, according to a survey released on Monday. Not only are most North American companies shunning coverage entirely, [...more]
VIEW THIS POST → Cyberinsurance - Is it Worth Your Investment?

The Florida Senate has rewritten the House’s bill aimed at reforming the state’s no-fault auto law, adding numerous provisions that are opposed by House lawmakers. As a result, there is a chance that the issue will become the subject of a legislative special session after lawmakers adjourn for the year at [...more]
VIEW THIS POST → Stage Set for Florida PIP Reform Showdown; Special Session Possible

NU Online News Service, March 7, 3:05 p.m. EST Officials describe scenes of total devastation from a series of tornadoes that blanketed the Midwest last week, while insurers continue to tally up the cost of losses from the severe storms. Among the storms that hit the Midwest on March 2, the National [...more]
VIEW THIS POST → Scenes of Devastation Throughout Ind. & Ky. in Tornado Aftermath

As industry experts closely monitor the market, the state of the insurance industry continues to fluctuate. This can be confusing for business owners trying to forecast future insurance costs while experts try to project whether insurance premiums will rise and by how much. What is clear is that risk management, loss [...more]
VIEW THIS POST → A Hardening Market