The sweeping impacts of climate change impact farmers at significant rates. As a result, insurance companies take a hit as well. For example, when nearly 20 million acres of farmland flooded in the American West, it initiated $4 billion in payouts from a federal crop insurance program. Because of disasters like this, farmers are coming around on the importance of mitigating the impacts of climate change to protect their own livelihoods. Insurance companies can help farmers make beneficial sustainability choices by helping those in the agriculture industry understand their impact…
Read MoreDay: June 9, 2021
A3logics envisioned tech stacks for secure and scalable future development
Powerful API integrated solutions, Augmented customer 360 management solutions, and technology integrated mobility solutions for A3logics customers. A3logics, a leading IT professional services provider, reported entering into a new development approach by adopting the innovative and demanding technology stack. To accelerate digital transformation and reap massive time efficiencies, A3logics realized the need for an integrated solution around EDI integration and other platforms. As this transformation was in the process to roll out across operations, A3logics expected increased and improved efficiency. What Affected the Introduction To This Change? As an integrated…
Read MoreBusiness owners insurance is an entrepreneur’s best friend
This coverage is ideal for most small and medium sized companies and can be easily bundled. Business owners insurance is a combination of different policies that cover small and medium sized companies. Carriers create these bundles to provide just the type of protection businesses of this size require, as large corporations require coverage with far greater complexity and customization. Also known as business owners policy (BOP), it is multiple coverages in a single package. Business owners insurance usually contains the following types of coverage, all contained within a single bundled…
Read MoreCentral Pacific Hurricane Season has started, so it’s policy review time
Insurance companies in Hawaii are reminding homeowners to ensure they’re covered. The Central Pacific Hurricane Season has begun, and Hawaii insurers are reminding homeowners to make sure they have adequate insurance coverage. The state insurance commissioner has also reminded owners and renters to review their policies. Reviewing a policy at least once per year to ensure that coverages and exclusions are appropriate for covering a homeowners property and possessions is highly recommended. Hawaii Insurance Commissioner Colin Hayashida has reminded state residents of the importance of this annual practice, particularly as…
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