Explain Like I'm 5 Archives - McConkey Insurance & Benefits

Imagine you and a few friends all want to build treehouses. Instead of each of you buying your own tools…

The insurance term “IBNR” is such an important, but often ignored or misunderstood concept. What exactly is IBNR and how…

When planning a trip that involves renting a car, one important question to consider is: "Does my auto insurance cover…

Aubrey KingSeptember 24, 2024

Famous for being one of the richest men in the world, billionaire investor Warren Buffett loves the business of insurance.…

Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us…

When insurance carriers are calculating premium rates to charge, they need to deep dive into the loss history of a…

Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us…

Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us…

As we learned in our last blog, “Explain Like I’m 5: Modification Factor,” experience modification factor calculations impact workers’ compensation…

Those who are elbow-deep in insurance daily throw around jargon like it’s nothing. This can leave the rest of us…