Property Rates are Increasing. What’s Driving This Trend?

Policy holders may notice rate spikes in their property insurance and wonder why their premiums are rising.  Some premium increases are caused by things out of your control, like inflation, but other factors concern you specifically – including your claims history and credit score. Some reasons for a property rate hike include: Mathematics – Actuaries [...]

By |2020-01-08T23:17:49-05:00December 16th, 2019|Insurance|0 Comments

Workplace Safety Increases as Workers’ Compensation Claims Drop

Regulatory reforms and advancements in workplace safety have caused the frequency and severity of Workers’ Compensation claims to decline significantly.  As injury rates drop, Workers’ Compensation costs also decrease; providing significant benefits to the employers. Here are a few reasons why we are seeing a decline in Workers’ Compensation payouts: More workplace safety initiatives [...]

By |2019-12-15T21:08:22-05:00December 2nd, 2019|Insurance|0 Comments
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