Dealer Risk Solutions

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Photos from Dealer Risk Solutions's post 03/30/2024

Spring Break in Riviera Maya, Mexico.

How Does Climate Change Create Financial Risk? Ask Insurance Companies. 06/06/2023

Property insurance could be a concern for the foreseeable future. I’m not a politician and am not interested in how or why the Climate is changing. One thing for certain is that weather patterns are changing, property claims are increasing, and property insurance carrier profitability is deteriorating as a result.

6/1 property reinsurance renewals increased > 30%. What happens if other insurance carriers follow Allstate and State Farm's lead and pull-out of difficult weather States to remain sustainable?

How Does Climate Change Create Financial Risk? Ask Insurance Companies. Much of the current debate about ESG initiatives and how companies consider the impact of climate change on their operations appears to operate in a…

Advisen Front Page News 05/12/2023

Who recalls the infamous 1994 McDonalds Hot Coffee $3M Lawsuit? This was a defining settlement that, at the time, people believed was outlandish. Consider the domino-effect of egregious jury verdicts: The insurance carrier needs to raise premiums to pay for the claim. The business has greater insurance expense and needs to raise prices. Ultimately consumers pay more at the register as a result of these “lottery payments”.

Advisen Front Page News The family of a 4-year-old girl allegedly scalded by a steaming hot Chicken McNugget is taking McDonald’s to court in Broward County, faulting the fast-food giant for poor training and failing to protect its customers.

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