Ardent Insurance & Risk Management

Fact: We don’t deliver false expectations. We deliver the expectations our clients deserve. Our client’s testimonials say it all.
Nicholas Leone

🌟 Client Review Spotlight (Google)🌟
“Thank you, Gregory for your kind words! We are dedicated to providing the best service possible”

Secure your future with our customized insurance services! Whether it’s home or business, we’ve got you covered. Experience personalized support, competitive rates, and valuable education.

Contact me today 📲 239-315-7873 [email protected]

We are open. Please calls us if you need assistance filing your claims.
239-919-3916

Love to support our community.
Vanessa Insures FloridaNicholas Leone

Review time: ⭐️⭐️⭐️⭐️⭐️
“Vanessa is amazing! She helped me understand everything in detail. Very professional and courteous!!” ~Andrea A.

🌴 Thanks for taking time to leave a review, Andrea! Happy I could assist. My approach to providing an exceptional customer experience involves educating clients on their coverage for a greater understanding of their protection. Reach out today for your customized policy! Serving Florida and beyond.

📞239-315-7873

💻www.ardentinsurancegroup.com

🔹[email protected]

The National Council on Compensation Insurance (NCCI) has proposed an average rate decrease of 15.1% for Florida, set to take effect from January 1, 2024. This stands out as one of the most significant proposed reductions in over a decade.

This proposal is currently under review by the Florida Office of Insurance Regulation and awaits their approval. The basis for this recommendation arises from the loss data of the policy years 2020 and 2021.

A contributing factor to this positive shift is the commendable performance of Workers Comp carriers. They reported a combined ratio of 84%, marking the sixth consecutive year it's remained below 90%. The combined ratio is a measure of carrier profitability. It is important to note, the NCCI's analysis excludes claims related to COVID-19, which they categorize as a catastrophic event.

What implications does this carry for our insures? They can anticipate more competitive rates coupled with tighter underwriting standards. Some carriers have raised the baseline requirement to underwrite specific business classes. Additionally, businesses with challenging loss histories may face non-renewal or be presented with renewal terms contingent on consent to rate(CTR), which is an additional charge to offer coverage.

Given these changes, it underscores the importance of robust safety programs, ensuring you garner the best options from carriers.

Should you wish to discuss or review your program considering these developments, please don't hesitate to reach out to us at 239-919-3916. We're here to assist you.

Today’s featured team member is Vanessa Fox! She is Ardent’s first employee starting in December of 2014!

Since then she has done everything from answering phones to running the office. Today she is our personal lines sales executive and helps clients better understand their coverage and risks.

Call her today for an evaluation of your insurance needs!

☎️ 239-919-3916
📧 [email protected]

Hurricane Idalia is headed towards Florida. We are closely monitoring the situation and will update accordingly.

For any questions please give us a call at 239-919-3916