
Similar Posts

Creating an effective product recall program
2 minute read In recent years, we have seen a rise in the number of product recalls, as well as lawsuits filed against manufacturing companies of all sizes and types. It is important that you play a key role in your company’s success by effectively preventing and managing product recalls through a product recall…

How a loan-saving strategy helped clients overcome debt-to-income challenges
By challenging inflated replacement cost valuations, Christopher Becerra has reduced insurance premiums – pushing deals over the finish line Source link

CRC Group names Matt Zelenc SVP to lead Midwest growth
Zelenc will be based in CRC’s Chicago office while leading the company’s expansion into Kansas City. In his new role, he will oversee a team specializing in management and professional lines of coverage, including healthcare services, private company management liability, and cyber liability. Source link

Why businesses are ignoring environmental insurance at their own peril
“Interestingly, that may increase the number of third-party lawsuits,” he said. “There is, in the US, the ability for citizens to do a citizens’ action against a company that’s not in compliance with the regulations, and one of the criteria is the regulators aren’t doing anything. Then, the citizens can bring a lawsuit and pay…

AI adoption in insurance accelerates, but ROI pressures loom: KPMG
What are the three phases of value? According to KPMG, the “enable” phase emphasizes building AI foundations by appointing responsible executives, creating AI strategies, identifying high-value use cases, increasing AI literacy, and ensuring regulatory alignment. This phase also involves launching AI pilots, utilizing cloud platforms, and leveraging pre-trained models with minimal customization. Source link

Insurers see trade disputes as growing risk, Goldman Sachs survey finds
Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting for…