CLIA Annual Meeting
December 11, 2019 11:00am
CLIA members are invited to attend the telephonic CLIA Annual Meeting. You will hear about CLIA's efforts on your behalf and you can express your opinions.
Topics for discussion include a legislative update presented by CLIA's lobbyist from California Advocates and the announcement of the new executive committee and board of directors.
|
|
CLIA Holiday Hours
The CLIA office will be closed December 23, 2019 and will reopen January 2, 2020. For emergencies or time sensitive inquiries, please contact Bobbie Singh-Allen at 916-826-2075 or bsinghallen@clia.org.
|
|
With Flames in the West and Floodwaters in the East,
Insurance Property Premiums Continue to rise!
|
|
While many insurance carriers are raising rates and others non-renewing policies, REHIA successfully quoted a 55- room motel $3.8 Million TIV $9,938 premium with a $1,000 deductible in WA. Competing quotes were twice this premium. Comparable quotes are available in California and western states.
|
|
All industries experience cycles of expansion and contraction, and this is particularly true of the insurance industry. Typically, insurance cycles last two to ten years. A soft market is characterized by lower insurance premiums and easier underwriting. A hard market has rising insurance premiums and restrictive underwriting.
A recent string of natural disasters, such as California forest fires in the West and flooding in the East and Midwest, have been the main causes for this change in the insurance cycle from soft to hard market conditions as we approach the end of 2019.
Here are three reasons for the rising property premiums:
1. For insurance carriers, all of these significant natural disasters mean a large increase in claims. In 2011, a year declared as the highest catastrophe-related economic losses in history, losses were estimated at $350 billion.
The
2019 wildfire season
in the western United States is the current-running fire season in
California
.
So far, over 6,402 fires have been recorded according to
Cal Fire
and the
US Forest Service
, totaling an estimated of 250,349 acres.
|
|
If you’re losing your carrier or need a competitive quote with excellent coverage, contact us at
REHIA
.
Christian Muller CIC, CRM
3150 Bristol Street, Ste #200
Costa Mesa, CA 92626
Main: (714) 619-4480
Direct:(818)935-0216
|
|
Offering unique experiences for families can yield ROI
|
|
With in-room camping, themed suites and packages with local attractions, hotels are appealing to families who are looking for unique travel experiences.
|
|
A family enjoys reading and playing cards at the Country Inn & Suites by Radisson, Asheville Westgate located in Asheville, North Carolina (Photo: Radisson Hotel Group)
|
|
REPORT FROM THE U.S.—As multiple generations of family members travel together and are looking for memorable, Instagrammable vacations, hotels are responding by creating innovative packages and promotions that appeal to grandparents, parents and their kids.
According to hoteliers, these promotions are paying off in added revenues and traveler loyalty.
"More and more families are traveling with grandparents and even other extended family like aunts, uncles and cousins as part of family vacations,” said David Sangree, president of Hotel & Leisure Advisors. “As the boomer generation continues to retire in large numbers with greater wealth and health, this trend should continue in the future."
Results from the 2019-2020 MMGY Global “Portrait of American Travelers” survey showed that 43% of travelers reported taking a vacation last year with children, accounting for 29% of their total vacations. And 44% of grandparents in the survey reported having traveled with their grandchildren at least once away from home in the past 12 months, said Chris Davidson, EVP of insights and strategy at MMGY Global.
|
|
We Appreciate Our CLIA Sponsors
|
|
CLIA Discount 20% on monthly fees
|
|
CLIA Discount 5% on Workers Comp and other discounts and benefits
|
|
CLIA Discount on credit card processing fees - property specific
|
|
CLIA Discount 50% on all eproducts
|
|
CLIA Discount: 10% discount on initial fee plus 67% discount from $21 to $7 per room per month subscription
|
|
|
CLIA Discount: Free Employee Handbook Review and 10% discount on legal services
|
|
CLIA Discount: 10% discount on legal services
|
|
Donates 3% of all sales to CLIA members to CLIA Dollars for Scholars
|
|
CLIA Discount: 15% discount on Human Resource tools
|
|
One Guest answering 3 questions in 10 minutes about California Hotels, Restaurants, Sports & Entertainment Venues, Travel and Tourism Markets
|
|
Click icon to hear Glenn's latest informative and entertaining podcast!
|
|
|
|
(916) 925-2915
1017 L Street #527
Sacramento, CA 95814-3805
|
|
|
|
|
|
|
