Over the last few weeks, the Governor of New York, Andrew Cuomo, unveiled his plans to legalize marijuana for recreational use in 2019 during his State of the State address. New York, which currently allows limited medical marijuana use, would join ten other states that have already legalized recreational marijuana, along with many more that […]
As we look out on the smoke enveloping San Francisco from the ABD office for the second week in a row, we can’t help but think of our Bay Area clients, friends, and neighbors affected by the Camp Fire and our neighbors to the south who have also been affected by devastating wildfires. As the […]
ABD has partnered with the Worldwide Broker Network (WBN) to develop an exchange/mindshare program for young insurance professionals. The program is a platform that aims to enable employees in the various WBN member firms to work together in an environment designed to support development and exchange between WBN member firms. Last month, I had the […]
How do you know if your broker knows what they’re doing? How do you know what you don’t even know? I know, last week I promised you I’d walk you through my thoughts on how to know if your broker knows what they’re doing and now, I return, only to propose a different question, but […]
I recently attended the First Republic NextGen Conference in Monterey and spoke to the group about managing the insurance purchasing process. The conference was made up of the next generation of venture capital and private equity finance professionals who may often be involved in the insurance and benefits purchasing decisions for their firm but aren’t […]
With Hurricane Florence setting a disastrous path towards the East Coast, we want to make sure everyone is safe, connected and aware of how we can help. We have pulled together the below information to help you during this current situation as well as prepared for future storms, including: General Tips Helpful Resources How to […]
On March 20, 2018 the United States Supreme Court issued a unanimous ruling in Cyan, Inc. v. Beaver County Employees Retirement Fund. In short, the ruling confirms that claims alleging violations under the Securities Act of 1933 (the ’33 Act) can continue to be brought in state court, and that such cases brought in state […]
The Department of Industrial Relations has reported California’s 2016 occupational injury and illness data. Data collected by the U.S. Bureau of Labor Statistics’ Survey of Occupational Injuries and Illnesses showed California’s overall incidence rate was at the lowest it has been in over a decade, with a reported 3.7 cases per 100 full time workers. […]
The IPO market for the first half of 2017 saw 77 companies raise $20.5B in proceeds. The secondary market was $22B in volume for the same period, and on track toward $40B in volume for the year. Given the increase and strategic importance of this market, the ABD Team sponsored a panel discussion on “Secondary […]
Brace yourself. For the first time in recent memory, P&C carriers are forecasting some moderate to major rate increases, and it looks like it is more than just trying to “get rate.” Consider these recent headlines: The market – largely due to the back-to-back catastrophes of hurricanes Harvey, Irma and Maria – and the Sonoma/Napa […]
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