Authored by Sara Weathers According to a recent Insurance Journal article, insured weather-related losses doubled to $80 billion globally from 2011-2020 compared to the prior decade. Even with the amount of flooding up, the amount of flood insurance coverage has remained low. With flooding in Kentucky, Mississippi, and Texas recently, more and more places...

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Authored by Sara Weathers A recent study by the Federal Reserve Bank of New York shows that 60% of inflation between 2019 and 2021 was due to higher demand from consumers, according to Insurance Journal. The other 40% can be attributed to supply chain issues affecting most industries. According to Julian di Giovanni, head of climate-risk studies at the Ne...

Read More About Inflation Mostly Caused by Demand Increase

Authored by Sara Weathers It’s been a quiet hurricane season so far. In fact, according to an article from Insurance Journal, this has been the quietest start to hurricane season in 25 years. However, business and property owners should still have a plan in place for when the first named storm of the season comes. NOAA, the National Oceanic and Atmospheri...

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Authored by Sara Weathers Having a risk management plan is important for your business in case of an unexpected event. However, having a strong plan can actually help your business grow, along with protecting it from unforeseen circumstances. There has been no shortage of obstacles for businesses in recent years with the pandemic, inflation, supply chain...

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Authored by Sara Weathers Most people think that they only need to know the value of a property when they are buying and selling. However, as a property and business owner, there are many other benefits to knowing your property’s valuation. Property insurance is a necessity, especially as a business owner. When it comes to purchasing property insurance, i...

Read More About Why Property Valuation is Important for Your Business