Thursday, July 9, 2009
The FDIC expects more bank failures as the financial crisis continues. On May 27th the FDIC released the Quarterly Banking Profile that represents a report card on the industry status and performance.
Thursday, June 25, 2009
Euler Hermes recently forecasted an increase of 35% in corporate worldwide insolvencies for 2009, after an increase of more than 27% in 2008.
Monday, June 15, 2009
In many of the world’s leading danger zones — Mexico, Ecuador, Venezuela, Brazil and Colombia — the kidnapping of North American executives for ransom has long been a growth industry.
Thursday, May 14, 2009
Employers are looking at overhead expenses. At a number that routinely equates to 15 percent of payroll, medical and dental insurance make up a significant expense, with the cost going up dramatically and often without warning.
Thursday, May 7, 2009
The recent outbreak of the H1N1 (swine) flu virus has led many of us to question the potential impact a pandemic event would have on our employees and business operations.
Wednesday, April 29, 2009
To say we live in uncertain and volatile economic times is an understatement. We are likely in one of the biggest, deepest recessions we will see in our lifetime. Unemployment is high and rising.
Tuesday, April 14, 2009
Things are changing quickly in today’s economic environment including the cost of posting Letters of Credit to meet various obligations. Traditionally a Letter of Credit has been a more competitive option than obtaining a Surety Bond.
Wednesday, March 18, 2009
The good news for employers is that their Workers’ Compensation premium is one of the most manageable insurance costs they face due to the direct relationship between the claims an employer incurs and the cost of their insurance.
Sunday, February 15, 2009
As a building developer/owner you invest a lot of money in building a LEED certified project. Has your broker discussed the potential gaps in a traditional property insurance policy versus a policy enhanced to include the ‘green’ endorsement now offered by many carriers?
Friday, October 31, 2008 - Washington Healthcare News
Even though current financial markets are in a state of flux, and floods and hurricanes have recently wreaked havoc on Midwestern and Southern Communities, the insurance industry is still flush with capacity.
Wednesday, October 1, 2008
In today’s data age, almost all organizations store some form of private or confidential information, whether it is employees, customers, or information obtained from vendors.
Tuesday, September 30, 2008
40% of Washington’s twenty-five Largest Private Companies as identified by the Puget Sound Business Journal rely on Parker, Smith & Feek to provide some of their insurance needs.