The internet never forgets – and neither will your insurer when setting your premium

The bill includes further clarification on renewal procedures. Currently, only those aged 55 and older may retake the course every three years to maintain eligibility. Under HF3290, that limitation would be removed, allowing more drivers to refresh their eligibility regardless of age. Drivers who have not claimed the discount in over three years could also…

Earth Day reminds us of the profound impact our choices have on the environment. For businesses, this responsibility extends beyond daily operations to encompass the broader community and ecosystem.  Your decisions regarding practices like waste disposal, chemical storage, and emissions can influence the well-being of the environment around you and your company’s sustainability and reputation….

Equity market movements and wildfires cause challenges Source link

However, reinsurance can also be a driving force behind premium increases and market restrictions. When reinsurers experience heavy losses from natural disasters, economic downturns, or global events, they adjust their rates and underwriting requirements to compensate. These increased costs trickle down to primary insurers, who, in turn, raise their rates to offset the higher reinsurance…

“Talicia is an executive who leads with both focus and empathy – for clients and colleagues,” said Gary Piantedosi, president of Alera Group. “Those characteristics, combined with her strategic insights and collaborative leadership style, will benefit both clients and colleagues, and we’re excited about the future.” Source link

How are industries adapting their risk management? Source link