General Liability Insurance: Why is it important?

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general liability

All businesses, regardless of size and operation, need and should have a general liability insurance policy.  This type of policy is designed to protect the business, otherwise known as the insured, from lawsuits or claims arising from an insured’s liability due to property damage or bodily injury. The general liability insurance policy is designed to cover non-professional negligent acts. The … Read More

Pokémon Go & Your Auto Insurance

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auto insurance

What does Pokémon have to do with your auto insurance? I’m sure you’ve heard of the new Pokémon Go app for your smartphone. It uses your phone’s location to show you little creatures that appear on screen as you move around in the real world. You get points for “catching” them by swiping your finger, which helps you advance within … Read More

United Kingdom Office Opening Soon

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London

RMC Group, a consortium of leading insurance and actuarial consulting firms, has announced a plan to expand its international operations by opening a United Kingdom office. Ray Ankner, President and CEO of RMC Group, commented that “Establishing a permanent presence in Europe is another exciting step in RMC’s growth.  Europe is an important market, particularly for our reinsurance and risk … Read More

Mitchell Named to CICA Publication Task Force

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Ryan Mitchell

The Captive Insurance Companies Association (CICA) has added Ryan Mitchell, of RMC Group, to their CICA Publication Task Force. “CICA’s publications are an important benefit to its members and a valuable resource for the industry. At this time, the task force will focus on updating its existing resources.  CICA members are industry leaders across a variety of sectors and have … Read More

Condo vs. Homeowner’s Insurance

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condo

Condo Insurance operates a little differently than Homeowners Insurance. Since most condo associations in Florida are bound by Florida Statute 718, the condo association will obtain coverage for the Building and common areas. Unit owners are generally only able to insure the interior “livable” portion of their units, not including structural elements of the Building. You may sometimes hear condo … Read More