Three Regulatory Trends That May Impact Your Coverage Understanding current regulatory trends is key to ensuring your portfolios and insurance strategy remain compliant while meeting your borrowers’ needs. However, the myriad regulations and requirements involving property insurance are evolving so quickly that it can be difficult to keep up. Ignoring this changing landscape is…
An interesting thing happened at this year’s Olympic Games in Tokyo. The top two high jumpers, Italy’s Gianmarco Tamberi and Qatar’s Mutaz Barshim, were tied at the end of the event and appeared headed for a “jump-off” to decide who should get the gold medal. Instead, the two athletes decided to share it.
For many observers, it was the ultimate sign of sportsmanship. Others, however, were shocked. Why would someone work their whole life to be the best in the world, only to share the glory?
Benjamin Franklin called taxes one of life’s two certainties. But taxes are so inevitable that it can be easy to forget about them. That’s especially true when it comes to property tax payments, which too often strain a lender’s time and staff resources.
Of course, there are many companies offering to help lenders monitor property taxes or help pay them on behalf of their borrowers. The only problem is these providers are not all created equal.