Insurance risk, like any other kind of risk, is the chance that something bad may happen. In order to be a valid insurance risk, however, that bad thing that may happen must have the potential of bringing with it a negative financial impact. Listening to the day’s weather forecast for rain and going out for […]
Month: March 2021
Two Important Pieces of Insurance Inspection Technology
There’s a “perfect storm” currently occurring in the property and casualty insurance industry. This is due to an increase in competition from numerous low-cost providers and a shortfall in underwriting profits. The past several years have recorded higher than expected claims, pushing insurers to raise their rates to keep ahead of the game. As an […]
