Costly impact of ’empty promises’ from management

[ad_1] Senate Bill 174 would remove the exemption the insurance industry has had since the UTPA was enacted in 1971. The act governs a broad set of business conduct rules, including civil penalties, price discrimination, antitrust enforcement, and fair marketing practices. [ad_2] Source link

[ad_1] “While other market participants continued business as usual, we took a different path,” said Jim Belardi, co-founder and CEO, during a recent investor call. “With the presence of market volatility, we made the strategic decision to accelerate new business volumes, which resulted in $26 billion of gross inflows.” [ad_2] Source link

[ad_1] Managing seasonal employees becomes crucial as businesses gear up for the busy summer season. From compliance with complex state and federal employment regulations to performance management, various aspects must be considered to ensure a productive and harmonious workplace throughout the summer months. Seasonal employees in New York are subject to the same regulations as…

[ad_1] Instability poses mounting challenges to corporate operations [ad_2] Source link

[ad_1] On April 24, 2025, the Alabama Legislature formally adopted House Joint Resolution 220 (HJR220), emphasizing the critical need to address the growing instability and affordability challenges in commercial property insurance along Alabama’s coastal regions. Initially introduced on April 8, 2025, the resolution acknowledges the significant economic impact of coastal areas, including over $10 billion…

[ad_1] Rate relief and added capacity are giving insureds a break… but for how long? [ad_2] Source link