Tag Archives: risk

Risk Strategies Acquires The Insurance Center of North – money.andronezia.com

BOSTON, March 29, 2023 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced the acquisition of The Insurance Center of North Jersey (ICNJ). The terms of the deal were not disclosed. A leading provider of business, professional and personal insurance coverage to clients throughout New… Read More »

Oregon Senate passes bill forbidding insurance companies from using state wildfire risk map – money.andronezia.com

PORTLAND, Ore (COIN) — The Oregon Senate passed a law Tuesday making sure insurers can’t use statewide wildfire risk maps as a basis for canceling or refusing to renew policies, or for increasing premiums. Senate Bill 82 also requires insurers to develop underwriting guidelines and rate plans related to forest fire risk mitigation and allow… Read More »

Hay Producers Have Risk Options When it Comes to Crop Insurance

Grain producers have been able to protect their crops with insurance since the 1930s. Now, forage producers have a similar tool. During a March 7 forage production workshop, Andrew Frankenfield, an agronomy educator with Penn State Extension, talks about insurance programs for pasture, pasture and forage that are based not on yield, but on rainfall… Read More »

Home is Where the Risk is When Carrying on (Insurance) Business

[co-author: Hana Syed – Articling Student] In the Vale Canada Limited v Insurance Company Royal & Sun Alliance of Canada, 2022 ONCA 862, Court of Appeals of Ontario refined its 70-page decision on multi-jurisdictional insurance coverage disputes to one immediate conclusion: “Comprehensive general liability insurer, primary or excess insurance coverage for Ontario risks, attributing himself… Read More »

Maire Tecnimont announces new risk & insurance head – money.andronezia.com

Carlo Cosimi is the new head of risk and insurance group at Maire Tecnimont, having been appointed to the position in February. The position includes reviewing risks & opportunities at group level with integrated management of ERM, project risk management and risk transfer processes. He will continue to be executive chairman and president of ANRA,… Read More »

Consumers at risk as emergency savings drop, credit card debt rises – money.andronezia.com

As high inflation continues and interest rates rise, many people see their savings diminish and credit card balances increase. As the debt becomes more expensive, arrears may increase. Here’s what to do before you get overwhelmed with your debt. Valentinrussanov | E+ | Getty’s image High inflation leads to reduced savings and higher credit card… Read More »