Remember the lyrics of the old Bob Dylan song… “for the times, they are a changin’”… That is certainly true today as it has been a most unusual year for all of us! Everything in our world seems to have changed… including the insurance industry. All of which affect our bank accounts and profit margins. Our …
A reflection on the insurance industry in 2019 from President of DealerRisk Services, Steven P. Gibson. As we near the close of 2019, there are some industry trends of note: Markets in Disarray Inventory Market Umbrella Market Premiums on the Rise Commercial Auto/Garage Property First, let’s address the premium increases as this market segment is …
Reviewing your Cyber Coverage October is National Cyber Security Awareness month, making it a good time to review your internal controls and your coverage. You DO have Cyber coverage…Right? It amazes me as we travel the country speaking with Dealers how many have not yet purchased Cyber coverage. Dealers have a tendency to want their …