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Ridgemark Insurance Services

Addressing Farm Vehicle Risks Amid Labor Shortages

Addressing Farm Vehicle Risks Amid Labor Shortages

Farm operators rely on experienced workers to handle grain trucks, tanker trucks, worker transport buses and vital machinery like combines, pesticide sprayers and planters. But an ongoing labor shortage is increasing risks, as less-experienced workers are stepping...

Businesses Struggle with Risk Protection Gaps

Businesses Struggle with Risk Protection Gaps

Nearly half of middle-market businesses feel unprepared for key threats despite implementing various risk management strategies, according to Nationwide Insurance's latest "Agency Forward" survey. The survey found that while 90% of businesses have formal risk...

Trends Pushing Auto Insurance Rates Higher

Trends Pushing Auto Insurance Rates Higher

Automobile insurance companies are struggling to keep up with the rising cost of collision insurance claims, and that's forcing them to raise rates at a steady clip. In 2019, the industry paid out $62.6 billion in losses for damage to personal vehicles and $5.4...