Happy Thanksgiving! This is the time of year for sharing what you’re thankful for; our friends and customers are at the top of our list. We thank you for all of your support throughout the year. In observance of the holiday, our offices will be closed on Thursday, November 24th, and Friday, November 25th, to allow our employees to share the holidays with...

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Authored by Sara Weathers According to a recent Insurance Business Magazine article, experts say that humans are the weakest link to cyber security. The threat of phishing attacks is constantly growing, and they target people that may not be able to determine if an email or link is legitimate. Phishing is a cyber security attack that tricks people into th...

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Authored by Sara Weathers MarketScout is predicting a substantial rise in both commercial and personal property rates after Hurricane Ian, according to Insurance Journal. Rates are expected to rise considerably in Florida and other coastal states. The losses from Hurricane Ian are mostly to blame for these increases. For commercial property insurance, Mar...

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Authored by Sara Weathers According to a recent article from Insurance Business Magazine, cyber threats were the top concern for businesses for the third time in four years. This information comes from The Travelers Companies Risk Index. Travelers believe that there is a false sense of security when it comes to the safety of the cyber landscape. When taki...

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Last week AdvoCap Insurance Agency, Inc. attended Mass Torts Made Perfect for the first time. The conference was held at the Bellagio in lovely Las Vegas. This event was a great experience. Seeing so many trial attorneys in the same place to learn more about  helping even more people was inspiring. We had a great time visiting clients and making new frien...

Read More About Mass Torts Made Perfect Seminar 2022

Authored by Sara Weathers According to an article from Insurance Journal, the current estimate is that there is $57 billion in insured damages from Hurricane Ian that recently hit Florida and much of the East Coast. While there is $57 billion estimated in insured losses, another article from Insurance Journal stated that there could be from $65 to $100 bi...

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Authored by Sara Weathers According to Insurance Journal, a new study from insurer Hiscox has shown that cyber attacks against U.S. businesses are happening more often and costing more money than in previous years. The study showed that 47% of all US businesses have experienced a cyber attack in the past year and the number of businesses reporting these a...

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The AdvoCap Insurance Agency, Inc. team is headed to Las Vegas, NV, for Mass Torts Made Perfect seminar (MTMP) to be held October 12-14, 2022, at the Bellagio. We will be joined by our insurance partner Jack Compton with Shea Barclay. You may also run into our friends with Advocate Capital, Inc. Stop by the brand new AdvoCap booth #43 and say hello. While...

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Authored by Sara Weathers According to a recent Insurance Journal article, insured weather-related losses doubled to $80 billion globally from 2011-2020 compared to the prior decade. Even with the amount of flooding up, the amount of flood insurance coverage has remained low. With flooding in Kentucky, Mississippi, and Texas recently, more and more places...

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Authored by Sara Weathers A recent study by the Federal Reserve Bank of New York shows that 60% of inflation between 2019 and 2021 was due to higher demand from consumers, according to Insurance Journal. The other 40% can be attributed to supply chain issues affecting most industries. According to Julian di Giovanni, head of climate-risk studies at the Ne...

Read More About Inflation Mostly Caused by Demand Increase