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In 2024, the national average cost for full coverage car insurance rose to $2,543 annually, marking a 26% increase from $2,014 in 2023. This upward trend is attributed to factors such as inflation, supply chain disruptions, and increased vehicle repair costs.
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[ad_1] Origin, part of Beyond Risk since 2021, provides solutions for niche markets, including hospitality, hotels, and service stations. Led by President Neno Djordjevic, the company specializes in Workers’ Compensation, Property, and Transportation, working exclusively with carriers and reinsurers rated “A-” or better by A.M. Best. [ad_2] Source link
[ad_1] Employers gain support on benefits, EPLI, and workers’ comp [ad_2] Source link
[ad_1] “This is not just about a rare fluke,” said Khanna. “The Baltimore incident forced the industry to reconsider its assumptions about the safety and stability of port infrastructure. And now, barely a year later, we have another event, albeit on a smaller scale, that again raises the same red flags.” [ad_2] Source link
[ad_1] Lowering the barriers, not the standards Access alone, Vollmer argues, isn’t enough. For most agents starting out, carrier appointments are the first hurdle. While some appointments come with meaningful support, others require volume commitments, background checks, and long wait times—an uphill battle for someone with no book of business. [ad_2] Source link
[ad_1] Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting…
[ad_1] “Traditionally, investing assets on behalf of insurance companies was a relatively straightforward matter of matching assets and liabilities. Now, not only are insurers looking to invest in higher-yielding private asset assets, it also makes sense for them to invest more in equity or equity-like structures,” Zhu said, pointing to a recent investment in a…
