Escalating reinsurance renewals

Escalating reinsurance renewals

Reinsurance refers to the system in which an insurer moves all or some of a risk to another insurer to give protection in case of risks on the first insurance. In the last few years, reinsurance firms have proven themselves as essential in steering the direction of...

COVID-19: How life insurance sales are trending

COVID-19: How life insurance sales are trending

Communities around the globe first faced the threat of COVID-19 in late 2019. At the time, no one knew how bad it was going to be, but as cities overseas (e.g., China and Italy) began to experience the effects of the pandemic—and lockdowns were instituted to blunt the...

WHAT?!?!—FEMA Risk Rating 2.0

WHAT?!?!—FEMA Risk Rating 2.0

Not up-to-date with the Federal Emergency Management Agency’s new Risk Rating 2.0? Consider this a crash course in the new flood rating methodology, which will be rolled out in two phases starting Friday, Oct. 1, 2021. Risk Rating 2.0 is an innovative theory, and we...