Explore the dynamics of a "hard" insurance market and its economic impact, alongside the critical importance of maintaining accurate insurable property values and regular facility appraisals. Lori Flemming of CBIZ Valuation Group delves into the cyclical nature of the insurance market, the shifts caused by major events like Hurricanes Irma and Harvey, and how organizations, especially school districts, can adapt to rising premiums and stringent underwriting standards. Learn why investing in detailed property valuations is essential for risk management and financial stability. Read more in the June 2024 issue of School Business Affairs magazine by ASBO International. #InsuranceMarket #InsurancePremiums #FacilityManagement #PropertyValue
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Explore the impact of a "hard" insurance market and the importance of accurate property valuations. Lori Flemming of CBIZ Valuation Group discusses how major events like Hurricanes Irma and Harvey affect premiums and underwriting. Learn more in the June 2024 issue of School Business Affairs by ASBO International. #CBIZValuation #InsuranceMarket #InsurancePremiums #FacilityManagement #PropertyValue
Explore the dynamics of a "hard" insurance market and its economic impact, alongside the critical importance of maintaining accurate insurable property values and regular facility appraisals. Lori Flemming of CBIZ Valuation Group delves into the cyclical nature of the insurance market, the shifts caused by major events like Hurricanes Irma and Harvey, and how organizations, especially school districts, can adapt to rising premiums and stringent underwriting standards. Learn why investing in detailed property valuations is essential for risk management and financial stability. Read more in the June 2024 issue of School Business Affairs magazine by ASBO International. #InsuranceMarket #InsurancePremiums #FacilityManagement #PropertyValue
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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Experienced HCM Expert, helping enterprise organizations streamline their processes and achieve their goals through the utilization of HRIS technology and services.
The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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Senior Vice President at CBIZ Prince-Wood Insurance working with businesses to find the best insurance rates & resources.
The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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Expert in Personalized Tax Solutions for Individuals & Their Businesses | Delivering Tailored Strategies to Maximize Wealth and Compliance
The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
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The property insurance market is cyclical, fluctuating between "soft" and "hard" phases. Currently, we are experiencing a hard market characterized by higher premiums and reduced competition. This shift, driven by catastrophic weather events and economic factors, has significant implications for organizations, particularly in budgeting and risk management. Ensuring accurate property valuations through regular facility appraisals is crucial for navigating this challenging market and mitigating costs. Discover more about the impact of the hard insurance market and the importance of maintaining accurate valuations in the latest article by Lori Flemming with CBIZ Valuation Group from the June 2024 issue of School Business Affairs by ASBO International. #InsuranceMarket #InsurancePremiums #PropertyValue #Valuation
