The past year has brought many new challenges to the insurance industry. The consistent rise of auto insurance premiums is impossible to ignore— but why are they rising? Here’s why auto insurance premiums are increasing. distractions behind the wheel The rise of technology brings a plethora of pros and cons to the insurance field. As […]
In 2019, The FBI’s Internet Crime Complaint Center (IC3) reported that the losses for business email scams sat at $1.7 billion. With cybersecurity risk at an all-time high, there’s no room for a financial blow because of a malicious link clicked through an email. One of the first steps to avoid email phishing is educating […]
We partnered with John Milikowsky, the founder and managing attorney of Milikowsky Tax Law to discuss Assembly Bill 5 and how it correlates with Workers’ Compensation. John is a seasoned tax lawyer who understands the ins and outs of government agency audits. Through his experience working with hundreds of EDD, CSLB, and IRS audit cases, […]
You may feel like your insurance broker is being nosy when they ask for your contract in order to issue a certificate— but this is not the case! Watch Benchmark’s own Rob Cohen and Peter Katkov discuss why your insurance broker might ask for a contract to issue a certificate below. why do we […]
It’s the most wonderful time of the year! While the office is busy preparing for commercial insurance changes in 2022, the holiday season is still being celebrated at benchmark commercial insurance. We wanted to highlight the team’s favorite holiday traditions and current inspirations for the new year. Keep reading to get the inside scoop on […]
Do You Need Earthquake Insurance? Your home and your business are some of the largest investments you will ever make. California is known as a hotspot for earthquakes. With multiple fault lines running through the state, it’s no wonder that earthquake insurance costs can be so pricey. In both personal and business insurance planning, it’s […]
Are there red flags in your supply chain that may lead to bottlenecks? If there are, a bottleneck may impede product delivery in the new year, and that is not ideal. So, what can prevent potential bottlenecks before they damage your company’s ability to deliver? And what is a bottleneck? It can be complicated, so […]
What does your insurance broker actually do for you? The daily tasks that a Benchmark insurance broker performs fall into the categories of: Coverage analysis Risk control Hr services Insure-tech Here’s a deeper look into what the role looks like when it comes to commercial and personal insurance. Client Communication Like the old American […]
At benchmark commercial insurance, we often get asked whether or not it’s better to work with a small brokerage or a large brokerage. While there are pros and cons to both, the pricing must remain the same from carriers. Hear from Benchmark’s own Peter Katkov, as he explains: “I’m often asked the question, does the […]
In July 2020, we all saw the ramifications of a well-performed hack. Twitter experienced the most catastrophic security breach in their company’s history. Elon Musk, Barack Obama, Joe Biden, Bill Gates, and other high-profile Twitter users were all among the hacked users. This hack caused Twitter to shut down all verified blue-checked accounts. In just […]