Expert Network Team
Expert Network Team
Jeff Krommendyk, Mike Miller, Karl Frank, Nathan Merrill
Episode 76: Insurance Rates are Rising but How Much and for how long?
33 minutes Posted Apr 25, 2023 at 6:00 am.
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Show notes

Karl Frank, CFP and Nathan Merrill quiz our insurance expert, Jeff Krommendyk, about how much insurance rates are rising, why and what can we do about it?

  • What is happening with insurance rates and why?
  • What can we do about it?
  • Hard markets and soft markets
  • Putting it all into perspective, and some optimism that this might not last very long.
  • Catastrophe: this is the primary reason rates are higher—we have had a number of catastrophes, this and…
  • Low investment returns. Insurance companies have had lower investment returns, but that might be changing!

For more information about these, check out our previous podcasts:

Episode 45: Episode 45: Marshall Fire in Boulder and How All of Us Can Protect Ourselves in the Future: https://www.assetsandincome.com/podcast/marshall-fire-in-boulder-and-how-all-of-us-can-protect-ourselves-in-the-future/

Expert Network team provides free consultations. Just mention that you listened to the podcast. 

Nathan Merrill, attorney
Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation
Goodspeed, Merrill
(720) 473-7644
[email protected]
www.goodspeedmerrill.com

 

Jeff Krommendyk, Insurance Expert
Working with business owners and successful families in transferring risk
One Digital Insurance Agency
(303) 730-2327
[email protected]

 

Karl Frank
Financial planner helping a small number of successful families grow and protect their wealth and choose how they want to be taxed
CERTIFIED FINANCIAL PLANNER™
A&I Wealth Management
(303) 690.5070
[email protected]