by Ridgemark Insurance | Sep 15, 2025 | Uncategorized
A new survey has found that in 46% of ransomware incidents in the U.S., CEOs or other executives were physically threatened if their organizations did not pay the ransom demanded by hackers. The findings in Semperis’ “2025 Ransomware Risk Report” highlight other...
by Ridgemark Insurance | Sep 2, 2025 | Uncategorized
The California FAIR Plan on July 25, 2025, started offering a new “high-value” commercial property coverage option for larger housing developments, farms and businesses with multiple buildings at one location. The new limits are up to $20 million per building, with a...
by Ridgemark Insurance | Aug 26, 2025 | Uncategorized
Although not required by OSHA, some employers have shown that one of the best ways to positively motivate employees is through a safety incentive program that rewards safe behavior and participation in workplace safety efforts. These programs need not be complicated,...
by Ridgemark Insurance | Aug 18, 2025 | Uncategorized
President Trump’s sweeping return to tariff-heavy trade policies in 2025 is sending ripples across the economy, including the cost of property insurance claims. The latest round of tariffs, which include steep duties on imported construction materials and auto parts,...
by Ridgemark Insurance | Aug 11, 2025 | Uncategorized
As wildfire seasons grow longer and more intense due to rising temperatures, utilities in high-risk areas are increasingly using public safety power shutoffs to prevent fires sparked by electrical equipment, one of the leading causes of wildfires. These proactive...
by Ridgemark Insurance | Aug 6, 2025 | Uncategorized
California Insurance Commissioner Ricardo Lara has ordered an 8.7% average advisory pure premium rate hike for policies incepting on or after Sept. 1, 2025. The rate follows a substantial uptick in claims and claims adjustment costs over the past four years, resulting...
Recent Comments