The H&A 3rd Quarter Newsletter is hot off the press and is titled "Commercial Insurance Forecast". It's a look into the insurance marketplace during the economic downturn and COVID-19, plus other interesting articles and fun facts!
The hurricane season officially starts on June 1st and ends on November 30th. The 2020 North Atlantic hurricane season is off to a historically fast start with already three named storms by early June. This year will mark the sixth consecutive year that a named storm has preceded the official start of hurricane season. The … Continue reading Hurricane Safety and Preparedness
The earthquake market has moved onto unstable grounds as insurers and alternative capital investors demand higher returns on their capital. Over the past 20 years, the earthquake insurance market has narrowed down significantly, with many insurers leaving the market entirely, while others refuse to issue new policies in certain high-risk areas. Even among those still … Continue reading The Uncertainty of the Earthquake Insurance Market
Just to add to the already stressful times were are all living in, there is yet another avenue in which hackers are trying to take advantage of online users during the current pandemic. As we continue to use Zoom video conferencing, it has come to light that there is a new trend called, ‘Zoom … Continue reading New Pandemic Trend “Zoom Bombing”
As the situation around the Coronavirus (COVID-19) continues to quickly evolve, we want to provide you with an update on how Hawley & Associates is ensuring our ability to meet your business needs at this unprecedented and challenging time. Hawley & Associates will remain fully operational and will continue to provide the insurance products and services … Continue reading Hawley & Associates COVID-19 Updates
According to The Insurance Journal, dated December 4th, 2019, fifteen states have revised their laws in the past two years extending or suspending statute of limitations to allow child sex abuse claims stretching back decades, unleashing potentially thousands of new lawsuits against the U.S. Roman Catholic Church. Click here for the full story.
GivingTuesday is a global generosity movement unleashing the power of people and organizations to transform their communities and the world on December 3, 2019 and every day. One of the best ways to give is to get involved is in your own community. We have supplied a link to a directory to help you find … Continue reading Giving Tuesday Is Here! What Will You Give?
Because insurance carriers are experiencing higher than expected losses, a hardening insurance market is rearing its ugly head. A hardening market means increased premiums and tighter underwriting requirements for many lines of coverage, including; commercial property, E&O, D&O, Auto and EPL. The 2017 hurricane season and the 2018 California wildfires resulted in a combined insured … Continue reading The Hardening Insurance Market – Three Things to Get You Through The Storm