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Natural disasters, pandemic, ‘nuclear’ verdicts all contribute to rising costs of insurance
From supply chain and labor issues to economic and social inflation, a myriad of challenges impacts coverage, premiums, deductibles, and other areas critically important to businesses.
State Farm agency operator named Businessperson of the Year by Webster Chamber
Jerry Christopher has been named 2023 Businessperson of the Year by the Webster Chamber of Commerce.
CIC Group now part of Alterity Group
CIC Group, a Buffalo-based boutique commercial insurance consultancy with an office in downtown Rochester, has been acquired by Alterity Group.
Excellus BCBS rolls out Medicare plan for local veterans
Excellus BlueCross BlueShield will offer a Medicare Advantage plan in 2023 targeting the needs of local veterans. In addition to $0 premiums and low copays for doctor visits, Medicare Blue Choice Freedom (HMO-POS) includes: $0 copays for behavioral health visits; 12 one-way rides (50-mile limit per ride) annually to health-related locations at no cost; $35 Part […]
Building relationships is foundation of client-centered insurance model
Quizzing is how insurance agents and brokers work to make a buying experience more customer-focused.
Insurers rely on big data analytics to improve underwriting performance
For the insurance industry, each policy, client, and potential client, while individualized, also represents a wealth of data.
Important considerations when evaluating cyber insurance coverage
Cyber liability insurance policies provide policyholders with several coverages to protect businesses from first-party losses and third-party claims arising from data breaches and other cybersecurity issues.
Cybersecurity firm CyFlare heads list of local firms on Inc. 5000
CyFlare, founded in 2018 by Joe Morin, experienced growth of 854 percent over the past three years and landed at No. 739 on the annual list. The firm is a managed security services provider.
Protect your company’s future, mitigate risks with a continuity plan
The world is more unpredictable than ever, and businesses need to be ready for a slew of new and existing risks to ensure continuity in the face of challenges.
Brokers provide best guidance for insuring gig workers
The world of work is changing, and nowhere is that more apparent than in the prevalence and relevance of “gig workers.”
Bundling – Latest trend in personal, commercial insurance buys
Recent trends in insurance show increases in demand for cybersecurity protection and growing interest in insurance for gig workers, but one particular trend according to local insurance professionals is an increase in customers looking to “bundle” policies.
Assessing employee benefits after the end of Roe v. Wade
On June 24, 2022, the Supreme Court of the United States issued its expected ruling in Dobbs v. Jackson Women’s Health Organization, which overrules long-standing precedent (including Roe v. Wade) and allows individual states to regulate access to abortion services.
