Loré Baker Earns Insurance Designations and Promotion
Arthur Hall Insurance congratulates Loré Baker on achieving two new insurance designations. She has also been named the agency’s Senior Claims Advocate/Department Manager. Building upon her existing knowledge as a Claims Advocate and with an Associate in Claims (AIC) designation, Loré adds both the Associate in Insurance (AINS) and the Associate in Claims – Management (AIC – M) to her list of accomplishments. Both designations build upon a thorough knowledge of the insurance industry. As the agency’s Claims Department Manager, Lore oversees a team of claims professionals who provide service for all levels of commercial and personal lines insurance claims. The Arthur...
Vicki Marshall Recognized with National Insurance Designation
Arthur Hall Insurance is pleased to announce that Vicki Marshall, Commercial Lines Account Manager, based in the Wilmington, DE office, recently achieved the designation of Certified Professional Insurance Agent (CPIA), a professional designation conferred by the CPIA Program Office. Vicki successfully completed three CPIA Seminars as well as the course review required for each. The CPIA designation stands for professionalism, commitment to sales training and results, and technical knowledge. The designation requires an annual continuing education update. CPIA Seminars have been rated very highly by both insurance agency sales support staff who have taken them and by participating company representatives. The interactive...
Don’t Underestimate Your Worth
Every year during the holidays, many Americans receive gifts worth $1,000 or more or splurge on one for themselves or a household member. Whether or not they consider these high-value items' implications for their home insurance has been an open question – until now. Selective Insurance recently released the results of a research study it commissioned to find the answer to that very question. The research was conducted online by The Harris Poll a few days after Christmas among over 1,700 U.S. adults who have a homeowners or renters policy (defined as policyholders throughout). It g A little over half of policyholders (53%) received...
The Impact of Inflation on the Commercial Insurance Market
Over the past year, inflation has become a growing concern. Inflation issues have largely resulted from a culmination of labor and supply trends brought on by the COVID-19 pandemic, and they are clearly reflected within the country’s rising Consumer Price Index (CPI). According to the latest data from the Bureau of Labor Statistics (BLS), the CPI for all urban consumers surged by 7.9% in the last twelve months—representing the largest increase over this amount of time since 1982. Inflation issues could create a number of challenges in the commercial insurance market, affecting both insurers and their policyholders. With this in mind,...