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commercial insurance broker

Uncertainty Fuels Insurance Rate Hikes and Underwriting Scrutiny

By Personal Lines

Third annual study from Alera Group predicts 2023 Property and Casualty market conditions A new study forecasting 2023 market conditions in the Property and Casualty Insurance industry reveals that uncertainty related to the economy, inflation, catastrophes and court-related claims is contributing to tighter underwriting guidelines and widely varying price increases….

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Some Good News on Cyber Liability Insurance: Ransomware Coverage Remains Available

By Commercial Insurance, Construction, Real Estate

If you’re looking for good news amid the ever-increasing threat of cyber attack, escalating ransomware demands and Cyber Liability Insurance rate hikes, here it is: Despite all the bad news, ransomware coverage is still available to most businesses through major insurance carriers. This was hardly a given. As homeowners in…

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Benefits Compliance Update: 2022 Reporting Requirements

By Commercial Insurance, Construction, Real Estate

As a business owner or human resource professional, you’ve been through two years of pandemic-related regulations, adaptations and frustrations. Over the past couple of months, you’ve managed open enrollment for employee benefits amid a resurgent wave of COVID-19 infections and HR legislation, all while assisting colleagues with their demands and stresses — pandemic-related and otherwise. Now a new…

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Cyber Risk in the Manufacturing Industry: What You Need to Know

By Commercial Insurance, Construction, Real Estate

Cyber security continues to be of critical concern for the manufacturing industry in particular. According to the NTT Global Threat Intelligence Report for 2021, it is the second-most targeted industry, with only financial institutions seeing a higher frequency of cyber attacks. The same report reveals a staggering 300% increase in…

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Greg Reddock

Captive Insurance: Greg Reddock’s Take

By Commercial Insurance

Is your insurance company holding your dealership captive? Greg Reddock can help! As a senior vice president at Foa & Son, Greg advises a diverse portfolio of clients on their risk management and insurance needs, including many prominent firms in automotive, real estate, construction, distribution, and manufacturing. In this infographic,…

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Pete Carrucciu

Real Estate Market Conditions Report

By Commercial Insurance
Your exclusive Real Estate market conditions update is here! Pete Carruciu, Senior Vice President of our Real Estate and Construction Practice, has provided his forecast for the Habitational Downstate NY market. The outlook right now may seem disheartening. But with the right guidance, your company can and will weather the...
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