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National Flood Insurance Program (NFIP) extended again

National Flood Insurance Program (NFIP) extended again

… this time through September 30th, 2024. The most recent extension was from March 7th to March 22nd. This is not serious governance by our elected representatives.  Our CT Professional Insurance Agents association has pro-actively lobbied our CT Congressional...
Top Business Risk Threat:  Cyberthreats

Top Business Risk Threat: Cyberthreats

Business interruption, natural catastrophes and macroeconomics (e.g., inflation, deflation, monetary policy) round out the top 4. All are concerns to over 20% of businesses with cyber at 36%. Insurance can help with the first 3. Contact us.Info from Allianz...
National Flood Insurance Program (NFIP) extended again

National Flood Insurance Program (NFIP) extended

… this time for 2 weeks, from the March 8th expiration through March 22nd. Sounds like a bad recurring joke. It’s the fourth patch since Oct. 1st.  It is the 26th short-term NFIP re-authorization since 2017.  No re-authorization has been for more than 1...
Inflation Report – Auto Insurance

Inflation Report – Auto Insurance

The Consumer Price Index report released this week for January indicated a 3.1% overall year to year increase. Auto insurance, however, was up a stunning 20.6%. There’s a lot of reasons for it, but if that’s got your attention and you’re ready to do...