Day: June 21, 2022

Rising inflation rates and the risks of underinsurance

Inflationary pressures are affecting prices in all sectors of the economy. As a result, if you have a claim, replacement costs may be higher than expected, leaving some commercial insurance policyholders underinsured. The COVID-19 pandemic and the Russian-Ukraine conflict are fuelling inflation. This is now expected to remain elevated for longer than previously predicted due to higher commodity costs and broader price pressures. While none of us likes to pay

Read More »