Mario Perricone, Independent Financial Consultant at WPS

09/17/2024

Wondering why insurance market prices are skyrocketing?

Have you seen the latest release of the Insurance Market Report 2024 on IRMI Online?

"The property and casualty (P&C) insurance market continues to undergo significant transformation, driven by factors reported last year. This article aims to provide a comprehensive overview of the market's current state and anticipate the trends and challenges that will shape the future, influenced by economic conditions, technical advancements, climate-related risks, and rising costs.

In the past few years, the P&C insurance market experienced considerable volatility, primarily due to an increase in natural disasters such as hurricanes, wildfires, convective storms, and floods. Insurers will continue to adjust their underwriting practices to account for increased natural disasters.

The outlook for 2024 remains decidedly more favorable than last year, with continued strong premium growth and easing inflation. Overall, our premium growth estimate ranges by line of business and risk factors for 2025. However, technology advancements combined with insurance offerings, artificial intelligence (AI), big data analytics, and telematics will continue to play a crucial role in reshaping the P&C industry over the next year.

The following is the annual line-by-line report compiled by the IRMI research staff ..."
- Insurance Market Report 2024
Credit Irmi.com

04/18/2024

Good Morning,
VICTORY! SB33 Defeated in Committee 6-1
Wanted to forward along the FANTASTIC NEWS that the Senate Bill 33 was voted down! 🥳 Thanks!
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VICTORY!
Senate Bill 33 Has Been Defeated!

April 17, 2024 - It is with gratitude and joy that we share the news with you today that Senate Bill 33, Lodging Property Tax Treatment, was defeated late last night in the Senate Finance Committee.

The most significant vote by the committee was regarding the amendment that proposed implementation of a statewide study on short-term rental impacts to infrastructure.

The amendment was defeated by the slightest of margins (4-3) thanks to a courageous vote by Senator Janet Buckner. Senator Buckner’s vote was the deciding vote in this instance and one that we are tremendously grateful for.

At nearly 11:00pm, after hearing three hours of testimony, and a very close vote, the Senate Finance Committee adjourned.

We would like to extend our most profound gratitude to everyone who joined us at the Capitol or online via zoom yesterday, and to those who have engaged in this effort along the way since October 2023. It was a very long day at the Capitol due to delays in the start of the committee hearing, so thank you to everyone who was able to stay up late with us both in person and remotely.

This news has been a long time coming, and we could not be happier to share it with you today. Congratulations!

What’s Next
House Bill 1299 will be heard in the House Finance Committee on Monday, April 22 at 1:30pm. While CLARA is not actively engaging on this bill at this time, we will continue to monitor and listen in as things proceed. We anticipate House Bill 1299 also being defeated in committee next week. No need to testify on this one, but you are welcome to listen in to that hearing if you would like to do so. CLARA will be sure to follow up with our members afterwards with an update, and in the meantime if anything changes as to our position we will certainly send alerts straight to your inbox.

The Work Continues
There are still a few more weeks to the legislative session, so CLARA will be watching to ensure our members are kept up to speed on any bills that could impact short-term rentals in Colorado.

CLARA is also ramping up for an exciting summer of advocacy efforts as we look ahead to the next legislative session! This process will involve building valuable relationships with elected officials around the State - an activity which will need a few extra hands on deck. If you’re interested in learning more about our statewide advocacy plans, send us a quick note so we can get together and put your skillset to work!

Your continued support of CLARA’s efforts means the world to us.
Stay connected with us on social media and via our website.

Stay Connected with CLARA






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April 17, 2024 - It is with gratitude and joy that we share the news with you today that Senate Bill 33, Lodging Property Tax Treatment, was defeated late last night in the Senate Finance Committee.

12/20/2021

Having a hard time determining how much to spend on holiday gifts without breaking the bank? Read this article to learn from an economist how to set a budget and make the holidays memorable.

While retailers relish the holiday shopping season as a time when consumers open their purses or wallets, for many consumers – especially those who do not like shopping – these days are filled with dread. They mark moments when shoppers clog malls, websites become overloaded and delivery trucks ...

12/15/2021

Consumers in the U.S. spend billions of dollars a year on gift wrap, but is it necessary? This article explains why you don’t have to spend a fortune because it’s the present that is desirable.

Consumers in the U.S. spend billions of dollars a year on wrapping gifts, in most cases to make their presents look as good as possible. This includes money spent on paper, boxes, ribbon and pretty bows. While some people are particularly skilled at gift wrapping – with the perfect folds, carefull...

12/01/2021

Happy birthday to all of our customers and friends born in December! We wish you a wonderful year ahead. Tag someone below so we can wish them a very happy birthday!

11/25/2021

From our Allstate family to yours, we'd like to wish you a very Happy Thanksgiving! We hope your day is filled with love, laughter, and gratitude.

11/11/2021

On behalf of my agency, I’d like to sincerely thank Veterans and Military Spouses for their service and sacrifice. We salute your commitment to our country this Veterans Day and every day. Tag a Veteran below so we can thank them for their service!

11/04/2021

Did you know? During World War II, many men were out on military leave resulting in more women joining the workforce. Allstate was a leader in the industry and developed numerous training courses to help women start their career as agents and claim adjusters.

11/02/2021

Happiest of birthdays to all of our customers and friends born in November! We hope this year is the best one yet and all your dreams come true. Happy birthday from all of us at Allstate!

10/20/2021

Another year around the sun for our friends born in October! From all of us at your favorite Allstate agency, we wish you a very happy birthday. Tag someone below so we can send them our well wishes.

09/29/2021

Your world can change in an instant. Make sure your family is protected from life’s uncertainties with life insurance. Give me a call today.

09/22/2021

You’re making important decisions every day to keep your family safe. Getting life insurance is a smart choice you can make today that helps provide them a financially secure tomorrow. Call me, and let’s find the right solution for your family.