Homeowners Occupancy Explained

RMC GroupPersonal Insurance

home occupancy

One of the most common misunderstandings found when working with agents and their buyer clients is how a new home will be used.  While this might not seem important at the time of purchase, it can create major problems in the event of a claim if the property is not properly insured. Why Does It Matter? Simply put, insurance claims … Read More

3 Ways to Lower Your Carbon Footprint For Earth Day and Beyond

RMC GroupPersonal Insurance

Earth Day

On April 22, the 50th annual Earth Day is expected to include more than 1 billion people in nearly 200 countries taking part in what the Earth Day Network calls “the largest civic-focused day of action in the world.” Since the first Earth Day in 1970 (which was connected to the passage of the Clean Air Act that year), there … Read More

Is a Captive Insurance Company the Solution to Business Interruption?

RMC GroupCaptive Insurance

lawsuits against COVID 19

A restaurant in Washington, D.C. has joined the ranks of businesses suing their insurance company for coverage under a business interruption insurance policy as a result of the COVID-19 pandemic.  The suit claims that the restaurant was forced to close after Washington, D.C.’s mayor issued an order barring sit-down service, thereby limiting its business to take-out and delivery and eliminating … Read More

What You Need to Know About Coronavirus and Your Homeowners Insurance

RMC GroupBusiness Insurance, Personal Insurance

homeowners and coronavirus

Your homeowners insurance safeguards you against financial loss in the event your home and belongings are damaged. It also covers you if you’re found liable for an accident on your property. So, what does this have to do with the COVID-19 pandemic? COVID-19 has affected nearly every aspect of daily life. It’s impacting businesses across multiple industries and changing the … Read More

Group Captive Case Study

RMC GroupRisk Management

group captive

How a group of like-minded business owners in the same industry saved money on business insurance with a group captive. A group captive is a property and casualty insurance company owned by the members of a group.  It is often formed for a limited purpose and puts an emphasis on risk control and loss mitigation practices. Background A hardening insurance … Read More