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Leaders in the surety industry recognize that to stay relevant, surety professionals must adopt technological solutions to enhance the issuance, delivery and security of surety guarantees, which are a vital part of commerce and regulation.
As one of the most conservative business sectors, the surety industry has been slow to evolve its business practices. Even in today’s technology-dominated business place, almost all surety bonds are still printed on paper with an attached power of attorney and a raised, crimped corporate seal to signify it’s an official act of the surety issuing the guaranty. It’s not uncommon for the bond to also be notarized to affirm...
What the Tesla Cybercab Means for the Future of Autonomous Vehicles
Tesla recently unveiled its new robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California. With a design that throws traditional driving controls like pedals and a steering wheel out the window, the futuristic two-seater was showcased by CEO Elon Musk as a vision of the next phase in Tesla’s strategy. Yet, despite Musk’s enthusiasm, the initial investor response could have been better, with Tesla shares falling by over 8% after the announcement. It reads as a lack of confidence in the ambitious timeline, the projected price of the Cybercab, and broader concerns about Tesla’s...
Bogle Agency Insurance offers top Homeowners Insurance protection with Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb has long been known as a top...
Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates...
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On June 17, 2021, the U.S. Supreme Court rejected a lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate in a 7-2 ruling. This lawsuit was filed in 2018 by 18 states as a...
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Even though many academics are sounding the alarm over the housing affordability crisis in the United States, the affordability problem continues to...
Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics....
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Chad Duke, Vice President/Risk Advisor, and Pim Jager, Vice President/Benefits Consultant, were recently featured on the ESOP Podcast discussing captive insurance and...
For the most part, homeowners are responsible for what falls into their own yard. So, if a storm causes your neighbor’s tree to fall in your yard, your homeowners’ insurance could help cover the cost of removing the tree...
Health insurance can be complicated, particularly when you enter a period of transition. The main transition periods include leaving a parent or guardian's plan, being added to a spouse's plan and retiring. Medicare health insurance brokers can assist you...
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According to the American Medical Association, people in the U.S. spend more than
$4 trillion on healthcare services annually. This figure may sound exaggerated,...
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In today’s volatile and extremely competitive talent market, it is important to make sure your employee benefits offerings are an asset to...
Medical spending continues to increase, making covering bills more difficult for everyday people. However, you're not without options. Consider how to lower your bills using...
Offering good benefits is integral to your ability to recruit and retain great employees, and health insurance is undoubtedly one of the employer-provided benefits...
Volkswagen promises a new electric vehicle per month from 2019
Announcing a new stage in its electrification program "Roadmap E", the German group promises acceleration...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
Last Updated on November 19, 2021 by adminBoshers has donated its £3,750 grant from Ecclesiastical Insurance to The 2 Minute Foundation. The funding will help achieve their aims to see a world without plastic litter and pollution and to...
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In a 6-3 decision today, the U.S. Supreme Court has blocked the enforcement of OSHA’s emergency temporary standard (ETS) related to COVID-19 Vaccination and Testing in the workplace. The ETS, which was originally announced in November 2021...
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FEMA has introduced the largest reform to the National Flood Insurance Program (NFIP) rating system since its inception in 1968. The NFIP program premium will now be determined by the risk assessment at individual property levels versus...
Last Updated on January 25, 2021 by admin
There has been much media coverage of the Supreme Court Judgement made on the 15th January 2021 regarding the FCA Test Case involving some insurers business interruption wordings. Understandably this has caused...
Last Updated on March 17, 2021 by adminTemporarily Closed Holiday Letting Properties – Updated 17th March 2021We appreciate the significant impact that government measures to control the spread of the coronavirus is having on all businesses, not least self-catering...
Last Updated on November 19, 2021 by adminBoshers has donated its £3,750 grant from Ecclesiastical Insurance to The 2 Minute Foundation. The funding will help achieve their aims to see a world without plastic litter and pollution and to...
Last Updated on April 6, 2022 by adminIn response to the Covid-19 pandemic, the hospitality and tourism industry have pulled together to produce protocols across all sectors, including specific Covid-19 Holiday Let Cleaning Guidance for self-catering properties. The Covid-19...
Pet insurance is becoming increasingly popular among cat owners, and for good reason. Cats, just like humans, can experience unexpected health issues that require medical treatment. Unfortunately, veterinary costs can quickly add up, leaving pet owners faced with difficult...
“The boat is safer anchored at the port, but that is not the aim of boats.”― Paulo Coelho, The Pilgrimage
Did you know that you are not required to have boat insurance to operate a vessel on the water in...
Be proactive about preparing for the danger of wildfires.
Even if you’ve taken precautions to make your home or business resistant to wildfire, take time each year to review your preparations.
Let’s discuss the why,...
(From left to right: Michael F. Thomas, Executive Vice President, Glenn Insurance; Susan Sykes, Senior Commercial Lines Underwriter, Glenn Insurance; Tim Glenn, President, Glenn Insurance; Claudia Ratzlaff, CEO, Avanzar; Cheryl Tamasitis, Associate Vice President, Nationwide; and Ross Setlow, Territory...
Sharing a meal from the grill is a great way to kick off the summer this holiday weekend.
Memorial Day traditionally marks the beginning of summer: time to grill on the patio, take the...
You can control some aspects of your insurance costs. Your independent agent can help.
Much like the price of groceries and gasoline, insurance premiums are increasing. Especially if you haven’t had a claim, you...
Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates...
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On June 17, 2021, the U.S. Supreme Court rejected a lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate in a 7-2 ruling. This lawsuit was filed in 2018 by 18 states as a...
Valerie King was not a believer. When she transitioned from her medical residency to practicing as an emergency room physician, she didn’t think she needed disability insurance. “I could never envision a life without working,” she says. Her insurance...
When it comes to insuring your home, understanding the nuances of your policy can save you a significant amount of stress and money in the long run. Two critical terms that often come up in homeowners insurance are “market...
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When it comes to travel, having the right insurance coverage is essential for peace of mind. While traditional...
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Car insurance is a necessity for every driver, as it provides financial protection in case of accidents, theft,...
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What is Old National Bank?
Old National Bank, formally known as Old National Bancorp, is headquartered in Evansville, Indiana. Established in 1834 and initially...
Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates...
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On June 17, 2021, the U.S. Supreme Court rejected a lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate in a 7-2 ruling. This lawsuit was filed in 2018 by 18 states as a...
A strong benefits package is critical to your company's ability to thrive in the market. When you hire a health insurance broker, you are hiring an intermediary between your company and the insurance provider. How you spend your company's...
It can be tricky for self-employed professionals to evaluate their insurance options. For example, just knowing where and how to get started can be confusing. Also, some people wonder whether they need insurance in the first place. This post...
Employers looking to support their staff amidst mental health challenges will be able to use a set of guidelines from the Workplace Safety and Health (WSH) Council, which will be launched in the first quarter of 2025. The guidelines...
When insuring your vehicles, the search for the best car insurance in Utah isn’t just about finding the lowest price. While affordability is important, other critical factors can make a world of difference in the quality of coverage and...
Market sentiment now indicates that rate cuts will not occur until the third quarter of 2024. Despite signs of strength, the direction of the economy and the likelihood of a recession remain uncertain. Relations between the U.S. and China...
A century from now, business historians will still be studying how Tesla recreated the automotive and transportation industry. The lessons they learn will be the same that can drive insurance technology decisions today.
For starters, Tesla conquered the twin issues...