Hippo’s response to wildfire threats Hippo said that it has been expanding partnerships with housing developers to provide homeowners’ insurance, particularly in states like California, where McCathron said it serves as the company’s primary source of new business. The insurer currently has access to about 120,000 new dwellings nationwide, with continued quarterly growth. Source link
Under the new agreement, Venbrook has launched its first international travel practice, which will be led by Curt Carlson as senior vice president and Eric Adair as vice president. Adair will report to Alison Myers (pictured above), executive vice president and head of retail benefits. Source link
Other benefits, such as financial education, salary advances, and employee discount programs, contribute to overall financial security. Flexible work arrangements, while not a direct financial benefit, can also have a significant financial impact by reducing costs related to commuting, childcare, and other expenses. Source link
Workers’ compensation, health and life can be impacted Source link
The case, brought by Christian and Abigail Godinez, sought to hold State Farm accountable for the June 13, 2022, crash, arguing that the insurer’s failure to report the nonrenewal of a truck insurance policy had set off a chain of events that led to the collision. The court, however, found that the plaintiffs’ theory of liability was too speculative and dismissed the claim with…
Earn the Associate in Management to boost your insurance career. See how it enhances leadership skills, job prospects, and sets you apart in the industry Source link
Who is the future of insurtech? Tell us which providers deserve recognition Source link
Cyber capacity After a period of significant expansion, the cyber insurance market experienced a modest contraction of 2% in 2023, indicating a stabilization following previous rapid growth. This stabilization suggests that, while the market has matured, capacity has remained relatively sufficient to meet demand. Source link
Do you have a vacation cabin or another property that you use during the summer but leave empty during the winter? If so, you need to winterize your getaway so you don’t find a mess when spring arrives. Winterizing may take a few hours of work, but being thorough can prevent serious problems. These include…
Dr. Christmas said hormone replacement therapy is one option for treating night sweats, genitourinary symptoms, or early onset menopause before age 40, as early menopause increases the risk of cardiovascular disease, cognitive decline, and osteoporosis. Hormone therapy is available in the form of pills, patches, creams or gels. The US Food and Drug Administration has…
“Do most employers front-load or accrue time off benefits?” This question comes up a lot when I’m working with an organization to update its handbook and employment policies. Time off is one of those areas where employers have a lot of flexibility to customize their offerings*, and sometimes when we have a choice, we want…
The most recent short-term extension, passed in December 2024, is set to expire at midnight on March 14 unless Congress passes this legislation or another extension through the government funding resolution. The House of Representatives approved the continuing resolution on March 11, but the Senate had not yet voted on the measure. Source link
As we step into 2024, it’s paramount to set resolutions that prioritize financial well-being and risk management. Whether you’re safeguarding your home and family or securing your business assets, here are key insurance resolutions for both personal and commercial fronts. 1. Review and Update Policies Regularly: Stay proactive by reviewing your insurance policies annually. Ensure…
The homeowners countered with their own expert – a licensed engineer – who had personally inspected the property and reviewed photographs, reports, and other records. The engineer acknowledged the possibility that the leak began unnoticed before July 2019, but crucially, he argued that there was no clear evidence of damage before October 2018, when the…
FOR OVER A QUARTER OF A CENTURY: A LEGACY OF TRUST AND INNOVATION Celebrating 25 Years of serving Upstate New York, CH Insurance is poised to capitalize on what we see as an exciting year of opportunities in 2024. At CH Insurance, our journey is about more than just providing you insurance; it’s about forging…
The lawsuit claims Penn Mutual agents promoted “tax-advantage strategies” tied to life insurance and related products, which were ultimately “shams” with benefits described as “illusory and/or illegal.” Policyholders allegedly suffered financial losses through premium payments, loan interest, and other costs, while agents profited from commissions, bonuses, and fees. Source link
This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the landscape consumers are feeling the pinch of their insurance carriers in both Commercial and Personal Insurance. There are many factors that are continuing to drive…
Insurers preparing for significant claims related to storm-related damages Source link
As small business owners, staying updated with the latest regulations and compliance standards is crucial for the smooth operation of your business. A significant update that demands your attention is the change in the federal independent contractor test by the U.S. Department of Labor (DOL). Effective March 11, 2024, this new rule has far-reaching implications…
Mubadala, the Abu Dhabi-based sovereign investment fund, and Hg Capital, an existing Howden shareholder, are expected to contribute around $2 billion (£1.5bn) each in equity. The new investment would value Howden at approximately $20 billion, implying a combined valuation of around $30 billion for the group. Source link
“Everything we’re about here at CH rests on Four Cornerstones,” says Joe Convertino Jr., President of CH Insurance. “Clients and Carrier Partners can always rest easy knowing we’re in their corner. And these four cornerstones are the foundation for that promise.” Today, CH is excited to share the first of four. Every day, every way,…
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow insurers to factor in future climate risks when setting rates. However, these regulations have yet to take full effect, leaving insurers frustrated with a system that, they argue, does not allow them to charge premiums that reflect actual risk….
At CH Insurance, COLLABORATION stands at the forefront of our values, a key part of the team’s foundation. “It supports everything we do,” explains Joe Convertino, Jr., President of CH Insurance. “Both our clients and carrier partners can trust that no matter what, we’re in their corner. This commitment to leveraging our collective talents and…
Lovatt, who has 40 years of insurance industry experience, was a founding member of the group. He has worked in leadership roles with international, national, regional, and start-up insurance companies. In addition to his new role as president of Great Bay Insurance Company, he currently serves as chief underwriting officer and chief claims officer for…
Embracing CHANGE at CH Insurance Your business is experiencing change. Your family and your community are changing. Just like for you, at CH Insurance, change isn’t just inevitable, it’s essential. Building on our first two cornerstones of Conversation and Collaboration, we introduce our third: CHANGE. As we continue to super-serve the communities we live and…
In January 2020, he was named managing executive of global strategy, supporting underwriting operations across the company. Since becoming president of Markel International in 2021, the division has seen a nearly 40% increase in gross written premiums and a more than 250% rise in net underwriting profit. Before joining Markel, Wilson led the Lloyd’s Asia…
Introducing the final cornerstone of CH Insurances’ Four Cornerstones: Community! 🌟 After embracing Conversation, Collaboration, and Change, we now celebrate what we feel is the heartbeat of CH —Community. This cornerstone is all about building connections that matter, supporting each other, and enriching lives both within and outside our company. Together, we’re more than just…
Established in 2009, MCG’s subsidiaries include Mutual Capital Analytics, Inc., Mutual Capital Investment Fund, LP, Mutual Capital Services, Inc., Tuscarora Wayne Insurance Company, Keystone National Insurance Company, Lebanon Valley Insurance Company, Glacier Auto Insurance Company, and Glacier Insurance Agency. Source link
Hello, CH Insurance family and friends! You may have seen the Four Cornerstone Series this past month – if you haven’t I encourage you to visit our social platforms to watch. When you read the online reviews and true stories that our clients and partners share, you’ll begin to connect the dots on how we…
From equipment theft to chemical exposure, the lawn care industry is not without its fair share of risks. Lawn care companies typically face three primary risks: general liability, commercial automobile exposure, and worker safety. Protecting your lawn care business from risks is not just about compliance—it’s about ensuring long-term success. By understanding common industry risks…
