In this episode Richard Callaway, Maurice Washington discuss:
25%, 30%, 40% Premium Increases in Commercial Insurance
The insurance marketplace is shrinking, carriers are moving away from particular areas of the country & particular types of business.
Climate change is creating lots of risks
We’re seeing construction costs increasing in building material prices
Construction cost is forecasted to be increasing due to labor costs and supply chains
AI can be a bane to insurance industry and the insured
Inflation and a bear stock market increase costs of insurance
Ransomware, cyber attacks create stacking effects that drive up the cost of doing business, especially for small businesses
We are the Extra Milers to protect businesses and properties
The Rick Callaway Team is known as the Extra Milers in protecting your business, employers, employees, and assets. We leave no stone unturned to get you the best deal. No under coverage. No overpricing. Fast turnaround. We have board level business acumen for understanding your business operations to customize your coverage. Please call us for a free consultation: 925.771.2334 or email us at: rcallaway@pdins.com.
