“Before the collapse, this carrier was willing to take on significant portions of coverage, sometimes assuming 40-60% of a placement on a quota-share basis,” he told Insurance Business. “However, after the incident, they have reassessed their approach. Now, they are cutting back their limits—where they once provided $250 million in coverage, they may now only offer $100 million.”
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
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…
Under the bill, joint and several liability rules would be modified so that businesses are required to pay economic damages in proportion to their share of fault in an incident. However, if a business is found to be more than 50% at fault, it would remain responsible for the full economic damages. Noneconomic and punitive…
The move supports the company’s ongoing development of its next-generation Aon Client Leadership strategy, which aims to deliver integrated solutions to help clients manage their risks. The company also named Magnus Roe as global chief data and analytics officer. He is responsible for advancing the company’s capabilities in analytics and helping clients make data-informed decisions. …
