Natural disasters—like hurricanes, tornadoes, floods, and earthquakes—can strike with little or no warning. To ensure that you and your family are prepared, it’s important to create multiple emergency kits—one for use if you need to evacuate your home and one for use...
Like many other sectors of the economy, the commercial insurance industry experienced changes to both its market cycles and operating procedures in the last 12 months. Specifically, hard market conditions somewhat started to ease, a contrast from recent years. This...
On Dec. 16, 2022, the Gov. DeSantis signed into law Senate Bill 2-A (SB 2-A), a property reform bill. SB 2-A includes provisions to help stabilize Florida’s property insurance market, increase competition and strengthen consumer protections. SB 2-A builds on the...
As an insurance buyer, you may have heard the term “social inflation” used by your insurer to explain the factors driving up the cost of coverage in today’s market. In general, social inflation refers to the rising costs of insurance claims that are a result of...
Cyber incidents—including data breaches, ransomware attacks, and social engineering scams—have become increasingly prevalent, impacting organizations of all sizes and industries. Such incidents have largely been brought on by additional cyber threat vectors and...
