If you work with different types of insurance, loans, or investments, you have likely heard the term underwriting profitability or underwriting income. In the simplest terms, underwriting income refers to profits earned during a period by an insurer’s underwriting habits. Calculating underwriting income is a reliable indicator of an insurance company’s success. However, more information is …
As the COVID-19 pandemic progresses through its third year, healthcare organizations face new challenges. Older Americans in skilled nursing facilities are particularly vulnerable to the virus, especially the Omicron variant. Many facilities are taking new precautions, including modifying nursing visitation during COVID, to protect their residents. Changing Protocols You may remember many public health emergency …
Cybersecurity is a never-ending challenge for every business. A new phishing exploit illustrates ever-increasing cyber threat sophistication. The Classic Phishing Exploit Phishing aims to lure a remote network user into divulging login credentials. The exploit begins with an email that closely mimics the format of the target business. This email asks the recipient to log …
Business Cybersecurity: Phishing Takes an Evil Turn Read More »
You love your dog like you love a family member. It may be hard to fathom that your dog would step out of line. Stress, anxiety, or other external factors could cause a sudden dog bite. If your dog bites someone, remain calm. While you could be responsible for dog bite liability, there are certain …
Auto insurance is a legal requirement in every state including Connecticut. You cannot register a motor vehicle without having the minimum required coverage. Auto insurance is a good thing to have as accidents and other potential problems can get you sued and cost you a lot of money. What Auto Insurance Covers When buying car …
When it comes to life insurance, there are a lot of options to choose from. You may be wondering which is best for you and your family. Here’s some information on purchasing a life insurance policy, so that you can make an informed decision. How Much Coverage First, you should decide how much coverage you …
If you are a property owner, you may have grown increasingly concerned about flooding in recent years. Hurricanes, superstorms, and simply unusually severe downpours have become increasingly commonplace, and flooding has become a worsening problem in areas that have historically not had to contend with it so severely. It’s possible this has left you with …
When you work in an industry related to the shipping of cargo across bodies of water, you may find that the challenges associated with your line of work are quite intense. Typically, the biggest issue that can come about is the constant shift in regulations of the industry. The rules that dictate the cargo you …
How Current Regulations Dictate the Container Industry Read More »
Staffing firms often have unique insurance requirements, different from other businesses and other staffing agencies. Staffing firms may also face unique liability challenges depending on the types of placements they make. Here are a few things agency owners need to know about getting insurance policies for temporary staffing firms. Workers Comp Insurance While states may …
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A businesses’ property is a vital financial and operational asset. Insurance can protect the value of property and equip a business with resources to keep property in usable condition after an event that causes damage. Several factors can affect commercial property insurance rates that companies need to pay for coverage. Location Commercial property that is …
What Impacts the Cost of Insuring Commercial Property? Read More »