Navigating the treacherous market landscape
The insurance market is facing unprecedented challenges. Factors such as an increase in natural disasters, rising reinsurance costs, and economic uncertainty have created a “hard market,” characterized by higher premiums, limited coverage options, and greater pressure on both insurers and policyholders. In this context, it’s crucial for clients to make strategic decisions to protect their […]
Protecting business and personal assets: essential insurance coverage you need to know
Protecting assets is crucial for both business owners and individuals. Having the right insurance coverage helps mitigate risks and prevent significant losses. Here, we present an overview of various types of commercial and personal insurance that can provide an extra layer of protection. 1. Commercial insurance General liability insuranceThis type of insurance covers third-party damages […]
Climate resilience: measures by the New York Governor’s Office in response to increasing natural disasters
In response to growing climate challenges, the state of New York, under Governor Kathy Hochul, has announced a significant investment of nearly $300 million to enhance climate resilience. This investment, revealed during a speech at the Vatican, is allocated to various initiatives including water quality improvement projects, climate-smart community programs, and the revitalization of coastal […]
The hard market in insurance and the impact of climate change
In recent years, the insurance market has faced increasing challenges due to the escalating impacts of climate change. Events such as the recent storm in Texas highlight the severity and unpredictability of weather-related disasters, which are becoming more frequent and intense due to global warming. This situation has created significant difficulties for both insurers and […]
Semaglutide and Weight Loss Medications: Beyond Diabetes and Obesity
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 […]
New York Photographic Vehicle Inspection Law: What You Need to Know
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 […]
