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,...
Arthur Hall Insurance Helps Brighten Holidays
Arthur Hall Insurance Helps Local Non-Profit Brighten Holidays [caption id="attachment_5961" align="alignleft" width="360"] Arthur Hall Team Members Lore Baker, Nava Noles, Prepared to Thrive Executive Director, Megan Wing, Cynthia Chmelewski, Beth Stanley of Arthur Hall Insurance[/caption] Arthur Hall Insurance announced its support for Prepared to Thrive as the recipient of their holiday charity donation drive. During the holidays, communities come together to help and provide support to children and families. The agency is proud to help Prepared to Thrive’s mission of giving critical items to families facing various basic need insecurities. To this end, agency team members donated not only children’s toys, books, games,...
Managing End-of-Life Software
At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, upgrades, bug fixes and security fixes. As a result, end-of-life (EOL) software will have known vulnerabilities that cybercriminals can easily exploit. This article discusses the risks of continuing to use EOL software and discusses best practices for organizations to mitigate this risk. Risks of EOL Known but unmitigated vulnerabilities are among the highest cybersecurity risks. One survey found that 60% of data breaches stemmed from unpatched known vulnerabilities. Another report found that 3 of 4...
Give Your Chimney a Clean Sweep
Homeowners with a wood-burning fireplace or solid fuel stove or insert can protect your property and your family by having a qualified professional inspect and clean your chimney at least annually. Maintaining a chimney through an annual inspection and cleaning is critical, especially as winter approaches and temperatures drop. According to data from the Consumer Product Safety Commission, fireplaces, chimneys and flues account for a significant number of home heating fires each year. The buildup of chimney deposits is a major factor in chimney fires. Creosote, a tarry residue caused by incomplete combustion of wood, can build up in chimneys and ignite a...
The Importance of Two-Factor Authentication
As cyber attacks become more and more common, protecting your data is increasingly difficult. In fact, a study from Juniper Research found that by 2023, cyber criminals are expected to steal an estimated 33 billion records. In light of the growing number of cyber attacks, many companies are turning to two-factor authentication (also commonly called 2FA or multifactor authentication) to enhance their cyber security. While no cyber security method is foolproof, using two-factor authentication can add an extra layer of security to your online accounts. So how exactly does two-factor authentication work? What Is Two-factor Authentication? While complex passwords can help deter cyber...
Fire Pit Safety: What You Need to Know
With the cooler weather coming, you might have visions of spending brisk evenings gathered around the fire pit with your family in the backyard. A fire pit is a great way to turn your yard into a second living room, allowing you to enjoy it year-round. However, you still want to keep some home fire safety tips in mind to make the most of your fire pit. Following these will help keep your family and visitors safe and warm while they're enjoying their s'mores around the fire. Here's what you need to know about fire pit safety. What to consider when choosing a...
Cyber Risk Guide for Boards of Directors
Before examining what boards can do to manage cyber risk, organizations need to understand who cybercriminals are, what they want and what’s at stake. In today’s hyper-connected world, nearly every business has some form of cyber exposure. Whether you process payments or store sensitive customer information, chances are cybercriminals have already placed a target on your organization and are primed to strike. Arthur Hall Insurance offers this guide designed for an organization's board members to plan for and respond to cyber incidents. Please contact one of the professional insurance advisors at Arthur Hall Insurance to discuss potential cyber risk. ...
Arthur Hall Insurance Plans Office Relocation
Thirty-two years ago, Arthur Hall Insurance moved from a modest office outside of the West Chester borough to the building we currently occupy. At that time, in 1990, we had five employees. Over the last 32 years, the team worked diligently to expand the enterprise and we are proud of what we accomplished, but we have outgrown our space! With 34 insurance professionals and plans to augment the current team, we are excited to announce that we are relocating our Pennsylvania office to accommodate our continued growth. Our new Pennsylvania location is in close proximity to our current office only in a...
Arthur Hall Insurance Names New Partner
Arthur Hall Insurance Names New Vice President and Shareholder (West Chester, PA ) The Board of Directors of Arthur Hall Insurance are pleased to announce that Dan Mackarevich, CCIC, CIC, has been named as a principal shareholder for the firm. Dan joins James Denham, Glenn Burcham, Mark Sammarone, Nicole Grebloskie, Josh Isler, and Karen Leary as an agency partner, member of the managing leadership team, and assumes the title of Vice President. He began his career with Arthur Hall Insurance in 2014 as a producer and Commercial Lines Account Executive. Dan advises clients all over North America. He has built and continues...
Westfield’s Legacy of Caring Grant
Arthur Hall Insurance Helps North Star of Chester County Support Single Parent Families Westfield’s Legacy of Caring Program donates $625,000 to Help Over 100 Nonprofits Across the Country [caption id="attachment_5760" align="alignleft" width="310"] Pictured from left to right: Lucas Zeigler, API, Market Underwriter-Personal Lines Westfield Group; Mark Sammarone, CIC, CISR, Executive Vice President Arthur Hall Insurance; Don Neimetz, Executive Director, North Star of Chester County; Nick Lohr, Project Manager, North Star of Chester County; Stuart Brooks, President, North Star of Chester County Board of Directors; Nicole Grebloskie, CAPI, CIC, CISR Vice President – Personal Lines; Jim Denham, CPCU, CIC President Arthur Hall Insurance.[/caption] West Chester,...