Risk Assessment

Michigan DIFS Urges Residents to Review Insurance for Winter Risks
Risk Management Michigan DIFS Urges Residents to Review Insurance for Winter Risks

The Michigan Department of Insurance and Financial Services (DIFS) is urging residents to review their auto, home, and renters' insurance policies to ensure they fully understand their coverage and have a plan to pay policy deductibles in the event of an emergency. Winter-related damage can

Are Climate, Cyber, and Collectibles Threats to High-Net-Worth Families?
Regulatory & Compliance Are Climate, Cyber, and Collectibles Threats to High-Net-Worth Families?

Affluent households, particularly those with assets ranging from $500,000 to $5 million, face a unique set of risks and concerns. The 2024 Wealth Report by Chubb highlights three primary areas of concern: climate change, cyber risks, and the protection of high-value collectibles. These issues are

Why Are Micro-Captives Gaining Popularity Despite IRS Scrutiny?
Risk Management Why Are Micro-Captives Gaining Popularity Despite IRS Scrutiny?

The concept of micro-captive insurance is garnering significant attention in Florida as small businesses seek alternatives to traditional insurance due to soaring commercial insurance rates. Despite the increased scrutiny by the IRS concerning potential tax implications, more small business owners

What Does Jason Bertoldi's New Role at Alliant Mean for Clients?
Risk Management What Does Jason Bertoldi's New Role at Alliant Mean for Clients?

Jason Bertoldi's recent appointment as global team leader for litigation and contingent risk insurance at Alliant Insurance Services brings a wealth of knowledge and a robust background to the company. Based in Irvine, California, Bertoldi is set to assist clients in securing tailor-made

How Are Big Data and AI Transforming Finance and Insurance Sectors?
Technology & Trends How Are Big Data and AI Transforming Finance and Insurance Sectors?

The finance and insurance sectors are undergoing a transformative shift, driven by the rapid adoption of big data and artificial intelligence (AI). These technologies are reshaping industry practices, enhancing operational efficiency, and improving customer experiences. This article delves into the

How Do Seismic Risk and Building Stability Impact CRE Decisions?
Risk Management How Do Seismic Risk and Building Stability Impact CRE Decisions?

As the commercial real estate sector continues to expand, the importance of assessing earthquake risks becomes paramount for ensuring both financial stability and occupant safety. Concerns over seismic events have driven lenders, investors, and insurers to seek comprehensive risk assessments,

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