Insights

Today, one would be challenged to find a single industry that is not driven by technology at some level. For the insurance industry, the need to work remotely in 2020 has led to an unparalleled shift in how we work. Thanks to technology that serves the insurance industry, that shift has been made even easier. Even the most non-technical person understands the value of technology. Tech speeds processes, improves workflow and educates. For business entities, the value technology brings is manifol

Every day, new cosmetic services or new procedures are being introduced, some to great fanfare. TV shows talk about exciting, novel products, enticing consumers to buy. The problem? Sometimes research isn't there to back up their claims. Keeping up with the number of aesthetic services provided by medical spas - everything from microdermabrasion to tummy tucks - is daunting enough without new, untested products and services being added to the menu. As medical spas struggle to keep up with

Much of the insurance industry, including the healthcare segment, is going through increasing costs and tighter policy conditions. Not that there was not pressure in the segment already: prior to the COVID-19 pandemic the overall healthcare industry was experiencing an uptick in claims activity within the Medical Professional Liability insurance arena. Medical Professional Liability Insurance Conditions With the pandemic came an added degree of uncertainty for the insurance industry. Like other

No matter what area of the life sciences industry you pay attention to, product liability has become the driving force behind claims and behind underwriting decisions. From nutritional supplements and personal care products to medical devices and development, product liability is putting pressure on the industry through claims, and through litigation. As organizations approach a hard market, such pressures can be difficult to traverse. Depending on the industry segment, those difficulties could

Becoming A Freight Broker There has probably never been a better time to become a freight broker than now, with the increasing need for new brokers in the freight industry. It can be a very rewarding career to be involved in since freight brokers are critical for maintaining the smooth flow of goods all across the country. It's not much of an exaggeration to say that freight brokers play a major role in keeping the economy itself running smoothly and efficiently in this country and that without

What is a 401(k) Fidelity Bond? If you've never heard of the term before, a 401(k) fidelity bond is the same thing as an ERISA bond, and both terms refer to a kind of insurance protection against any kind of mishandling or fraud perpetrated by individuals in charge of handling 401(k) accounts. If funds were misappropriated or embezzled from the 401(k) fund, a claim against the bond would restore the missing funds. Since the enactment of the Employee Retirement Income Security Act (ERISA), it ha

Sometimes the credit scores for individuals and businesses can become damaged as a result of unfortunate circumstances that are virtually unavoidable, and it can leave you in a position where it's nearly impossible to secure any type of credit or the type of bonding you need. Since various kinds of bonds are needed to start up a business, or to compete against other contractors in the market, getting the bonds you need to conduct business is essential. You may have thought that your low credit

A bonding company is an insurance agency where individuals and businesses go to get a bond. There are several different types that we discuss in this piece and the rest of the website. You're getting ready to sign a contract or hire a business to work with you. After evaluating the promised services, how do you know the company will deliver? Many contractors or businesses will list 'licensed, insured, and bonded in their credentials. 'Licensed' is straightforward; the individual or busines

If you own a vehicle you know that it is an investment and you should be able to prove ownership of your vehicle. In the case that you are unable to prove that a specific vehicle is owned by you because of various reasons such as you losing the title or not having complete information, there is a simple procedure which can be undertaken to get another title. Bonded titles are titles associated with your vehicle and are issued to you when the original title is assigned incorrectly or is missing.