Posts Tagged ‘insurance agent’
What Is a Non-Admitted Policy?
Non-admitted insurance can seem a little intimidating at first, but it’s not as scary as it might sound online. It’s really just a different type of policy, and whether it’s a good fit for you depends on your situation. Here’s the scoop in plain English: What Is a Non-Admitted Policy? It’s a policy from an…
Read MoreCalifornia Lawmakers Push for Better Oversight of FAIR Plan Amid Growing Wildfire Risks
California Lawmakers Push for Better Oversight of FAIR Plan Amid Growing Wildfire Risks California legislators are taking steps to strengthen oversight of the state’s insurer of last resort, the California FAIR Plan Association. With wildfires becoming a growing threat, new legislation aims to enhance transparency and financial stability for property insurance coverage. Assembly member Lisa…
Read MoreDermatological Drugs Dominate California Workers’ Compensation Spending
Dermatological Drugs Dominate California Workers’ Compensation Spending Dermatological drugs, including several high-priced, private-label medications, now account for the largest share of drug spending in California’s workers’ compensation system, according to a new report from the California Workers’ Compensation Institute (CWCI). CWCI’s latest analysis highlights recent trends in drug prescriptions for injured workers in the state,…
Read MoreLA Wildfires Could Cost Insurance Industry Over $30 Billion
LA Wildfires Could Cost Insurance Industry Over $30 Billion Wildfires in Los Angeles have caused devastating losses, with insurance industry damages potentially exceeding $30 billion, according to new estimates from Wells Fargo and Goldman Sachs. These figures surpass earlier projections of $20 billion by JPMorgan Chase. Home-insurance providers, including Allstate, Chubb, AIG, and Travelers, face…
Read MoreSevere Winds Sweeping Through California
The severe winds sweeping through California, particularly in Los Angeles, are intensifying fire dangers in an already dry region. These winds, often referred to as Santa Ana winds, are notorious for their strength and their ability to rapidly spread wildfires. Coupled with the rain-starved conditions that have left vegetation dry and highly flammable, the region…
Read MoreTop Claims Filed in the Cannabis Industry
Top Claims Filed in the Cannabis Industry and How to Avoid Them Running a cannabis business comes with its risks. 🌿 From product issues to theft, claims can appear when you least expect them. They can also be expensive if you’re not ready. The good news? Knowing the most common claims and how to…
Read MoreTips for Choosing Business Insurance
Tips for Choosing Business Insurance Running a business is rewarding, but it comes with risks. Business insurance is essential for protecting you against costly setbacks. Here’s a quick guide to help you choose the right insurance and keep your business secure. 1. Identify Your Business Risks Every business faces unique risks. Start by considering potential…
Read MoreYour End-of-Year Insurance Review
Your End-of-Year Insurance Review As the year comes to a close, small business owners juggle everything from year-end inventory to tax preparation. One important task that often gets overlooked is reviewing current insurance policies. This simple step can ensure your business is fully protected and set up for success in the upcoming year. Use this…
Read MoreNavigating in Cannabis Insurance
Navigating Cannabis Insurance: What You Need to Know Running a cannabis business comes with unique challenges due to the clash between state and federal laws. While many states have legalized cannabis, it’s still illegal at the federal level. This conflict impacts everything from insurance options to policy structure and coverage limits. PM Insurance Services can…
Read MoreGroup Health Insurance
Why Group Health Insurance is Important: – For Employers: Offering health insurance is a key way for businesses to attract and retain talent. It can also provide tax benefits and reduce the overall cost of insurance per employee. – For Employees: Group health insurance means lower costs, better coverage options, and ease of access to…
Read More