Author: Chris Gonzalez

The world is changing, and so are people’s habits and preferences. And this can be attributed to the evolution in the socioeconomic environment, ever-expanding technology interventions, and supply chain disruptions. Insurance may appear to be unaffected by these aspects, but market fluctuations of any kind have a significant impact on the industry. In addition to… Read more »

As per Coalition Against Insurance Fraud, Americans are often victimized by fraudsters, with over $308.6 billion lost annually. This number unmistakably demonstrates that many are still out of touch with how insurance works and how to spot con artists. Fraud can be of any kind, and scammers take advantage of the fear the general public have with… Read more »

A recent report outlines that catalytic converter thefts from cars have increased by 400% since 2019. Likewise, a survey by Business.org reveals how 54% of small businesses witnessed increased shoplifting in 2021. The survey also sheds light on the fact that around 89% of small businesses suffer from such thievery. These statistics are startling, and small business owners cannot… Read more »

Employers are aware that they are accountable for the security and welfare of their staff members. But what about their legal rights? What if the employer get’s charged with discrimination or harassment? That’s where Employment Practices Liability Insurance (EPLI) comes in handy. Employers are protected by this kind of insurance from claims of sexual harassment,… Read more »

Thanksgiving is one of the main occasions for families to get together and celebrate the holidays. However, there are a few things to consider for insurance purposes and for the safety of your family and guests. The National Safety Council (NSC) outlines that over 500 people could lose their lives in the US alone during this 2022… Read more »

A 2021 Deloitte study found that 85% of small business insurance buyers could purchase insurance through non-traditional channels. The uncertainty following the 2020 pandemic is undoubtedly a contributing factor to this inclination.  Small businesses are often negatively impacted by new clauses, new rules, and unforeseen circumstances. But why specifically small businesses? It’s because small businesses are typically… Read more »

Ever since the pandemic, there has been a drastic change in how people see their insurance needs. They now care about a lot of things – something that the Insurance Information Institute has shed light on. According to their report, life insurance premiums saw a steady growth of over 11% from 2020 to 2021. But what… Read more »

Did you know that there are over 33.2 million small businesses in the US alone? They range from small-scale manufacturers to bakers and more. However, these small businesses, too, have to deal with the nuances of insurance, even if there are no employees apart from the owner. As it stands, there are four major coverages, including property… Read more »

If you own a business, you know what risks it is prone to. Unforeseen incidents can occur anytime, causing huge monetary losses. So, insurance is vital to protect the company’s assets from such events. But what kind of insurance does your business need, and is it adequate to cover all your needs? These are some… Read more »

By 2035, the US will face a soaring need for around 4.3 million more apartment buildings. Indeed, as the economy recovers and the need for housing grows, the demand for apartments will increase. With this in mind, it is important that all owners take note of how their buildings are insured. There are many facets associated with… Read more »