Refunds for Business Entities
When binding a policy under a business entity name, please use a bank account associated with the entity to ensure that you can deposit a check as the payee. The […]
The Hard Market Cycle Change: A Primer On What It Is & What To Do About It
Many factors and variables are driving the change in cycles. They include Available investment capital, investment returns, cash flow, claim losses- especially large CAT events, claim costs, underwriting standards, and most certainly reinsurance cost and availability. When several of these factors begin to align together, they trigger a change in the cycle. Over the past several months, we have started to see the cycle change to a hard market for property and casualty business lines. Every insurance company is having negotiations with their reinsurers and pricing is increasing like many other
product insurances that are subject to supply and demand. The cost is then passed on to the retail consumer, our policyholder.
SWUS Quarterly Newsletter | Fall 2020
First, I hope you, your family, and your staff are safe and doing well both physically and mentally. We all have come to realize that managing our personal and business […]
SWUS Quarterly Newsletter | Summer 2020
I hope you are well and safe. The past three months have certainly been unique in our personal and business lives. By the time you read this, the Empire State […]
SWUS Quarterly Newsletter | Spring 2020
It’s a new year with new opportunities, and we are looking forward to what else 2020 has in store. Living and working in the property and casualty insurance industry in […]
SWUS Quarterly Newsletter | Winter 2019
I hope you are well and are looking forward to the promises of the new year!As 2019 comes to a rapid close, it’s an ideal time to do some self-assessment […]