Blog
Industry News
Dealer Management Group invests in educating and improving members of the captive. Read through our latest posts about the Dealership and Truck Dealer Insurance Markets.
Escape from Market Uncertainty with Loss Sensitive Programs
In the not-too-distant past, we were in a sustained soft market. Then astonishing rate increases, and the disappearance of capacity, ignited like a blazing wildfire on steroids. As the dealership insurance market continues to "harden" with pricing and coverage options...
Healthcare Benefit Captive Program: The Missing Piece to Taking Control of Your Healthcare Costs
Despite the rise of work perks such as free lunch, games in the break room, or extensive paid-time-off, the most desirable employee benefit remains a top-tier, quality healthcare benefits program. With premiums for healthcare coverage out of control, dealerships are...
State of the Insurance Market: Dealerships Should Brace for More Rate Increases
It is time to take stock of current conditions in the commercial insurance marketplace. As we near the end of Quarter 1, the insurance industry is now firmly in a hard-market cycle. Dealerships are facing lingering obstacles for the year ahead. Rising costs, an...
State of the Market: Dealership Insurance Industry
Dealership Insurance Industry is rapidly changing, here is what to expect in the upcoming insurance cycle. The Insurance Market is changing rapidly. As Insurance Professionals, we constantly read journals and articles regarding industry trends and try to adjust to a...
What Does it Really Mean When Your Insurance Premiums Rise?
The Hard Insurance Market is upon us and premiums are rising… The real question is, what is the true cost of insurance? We all want insurance costs to remain flat or go down, but the truth is, rates are going up. However, do you know what is included in your...
Exploring Captives – Collective Bargaining Power
Protecting yourself from severe losses. What happens to the ‘’other coverage’’ that is needed in the Garage Package…those severity driven lines that are not included in the Captive. Coverage for Property, Inventory, EPLI, Crime, Cyber and Pollution. How are these...