In our ever-changing world, traditional insurance products sometimes struggle to keep up with the pace of risk. In response to these new challenges, a new type of insurance has emerged: parametric insurance. Let’s explore what it is, how it works, and its potential benefits through real-world examples. What is parametric insurance? Parametric insurance is a […]
Have you ever thought about the hidden meanings behind emojis? In our digital age, these tiny icons can carry more weight than you might imagine. Let’s dive into the world of emojis and their unexpected legal implications. We all love using emojis to express ourselves. But did you know that they could potentially seal a […]
In a significant announcement, Governor Hochul has revealed a decrease in the workers’ compensation assessment rate for 2024. This reduction holds great significance for New York employers, as it will result in potential savings for small businesses across the state. Understanding the workers’ compensation system in New York and the role of the New York […]
Navigating the complex labyrinth of wage-and-hour regulations is a daunting task for any employer, yet it is a critical aspect of running a successful business. The line between compliance and violation is often blurred by the intricacies of labor laws, leaving many organizations vulnerable to costly legal pitfalls. As the workforce evolves and new legislation […]
At Rondon Brokerage, we care about you and your family, and we want you to stay safe. We know that winter is approaching, and it’s crucial to be prepared for the extreme weather conditions that can impact your home and well-being. That’s why we want to share some useful tips for getting ready for winter […]
The continuous progress in medicine has allowed semaglutide, a drug initially approved in 2017 for the treatment of type 2 diabetes, to gain greater significance by being approved in a higher dosage version and a new name, Wegovy, which was approved by the FDA on June 4, 2021. This approval from the Food and Drug […]
If you’re a driver in New York, you may have had to go through the process of photographically inspecting your vehicle when purchasing or renewing your auto insurance policy with physical damage coverage (collision and comprehensive). This process involves taking your vehicle to an inspection site authorized by CARCO, a company that provides inspection and […]
The recent executive order signed by President Joe Biden on October 31, 2023, aimed at regulating artificial intelligence (AI), is a clear example of how the government seeks to address the challenges and risks associated with this rapidly growing technology. This order, an ambitious initiative of the U.S. government, aims to stimulate innovation and address […]
In a world where digital technology is advancing at a dizzying pace, cybersecurity has become a constant concern. The growing threat of cyberattacks and data breaches has led to an increase in the demand for cyber insurance. In this article, we will explore in detail the importance of cyber insurance and how it can protect […]
In May 2023, a significant legislative development took shape in New Jersey. State Assemblymember William B. Sampson IV, a Democrat, proposed a substantial change that could directly impact how Garden State tenants safeguard their personal belongings and well-being. This legislative initiative, known as A-5696, aims to establish a new standard: mandatory renters insurance, which would […]
The rise of artificial intelligence (AI) has revolutionized our world, opening the door to impressive advancements and endless possibilities. However, in this AI-centric era, it is essential for individuals to be prepared for the potential unexpected risks it may bring, especially those that could have a significant financial impact. In this article, we explore various […]
The iconic skyline of New York City is renowned for its dazzling lights, towering skyscrapers, and, unfortunately, its construction cranes and unattractive scaffolding. On July 26, 2023, a crane situated atop a 45-story building in the heart of Manhattan suddenly caught fire and partially collapsed. It sent the crane’s arm and its 16-ton concrete load […]
