Property owners often find themselves the victim of contractor fraud. In 2022 alone, the Federal Trade Commission reported a total of 70,612 home-related fraud cases. Of all the areas of a building scammers can target, the roof is often the…
Read MoreMost of the time, with proper precautions, employees can avoid a work injury on the job. However, in certain fields or trades, no amount of preparation can prevent an accident. In fact, according to the most recent available data from…
Read MoreWhen it comes to insurance, conversations about fraud are never far behind. While fraud is an unfortunate reality of the insurance business — costing the industry up to $50 billion each year — it’s also an opportunity to bring significant value to Central policyholders through a robust anti-fraud approach that identifies and stops fraud before it ever happens. Learn more from our the Special Investigations Unit about how Central is combating fraud and innovating solutions that are setting new standards of excellence within the industry.
Read MoreDid you know that credit card fraud is one of the fastest-growing forms of identity theft? According to businesswire.com, credit card fraud losses were over $20 billion in 2019. A significant portion of that fraud resulted from over-the-phone transactions. So,…
Read MoreI am sure most of us would agree that spring is such a beautiful time of year! More sunshiny days, warmer weather, flower buds starting to pop up…and SPRING CLEANING. Who’s already started their spring cleaning tasks? It’s a great…
Read MoreWhen I’m completing a risk management review for one of our commercial partners, the most common area of losses we discuss are fleet claims. Whether your company has one vehicle or 100, having drivers out on the roadway poses a…
Read MoreWhile much of risk management for condominium associations boils down to common sense – ensure exterior surfaces and vegetation are well-maintained, utilize guidelines pertaining to the usage of grills or fire pits, and utilize procedures to ensure association funds aren’t…
Read MoreFleet Management is a stressful task in all types of companies and operations…from the fleet that is a major part of a company’s operations such as large trucks, to a small company that has one to five vehicles. According to…
Read MoreLoss Control for insurance is defined as risk management procedures designed to reduce the chances of claims against insurance policies. It mainly involves recognizing potential risks within the workplace and is attended to by voluntary or required actions a policyholder…
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