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Concord Insurance Risk Report

Generated on June 30, 2025

2

Risks

Summary

โš–๏ธ Legal & Regulatory

Concord Insurance is embroiled in legal challenges which could pose potential threats to its business operations. The legal affairs highlight conflicts with regulatory expectations and contractual obligations, marking a significant issue that necessitates due attention.

  • The City of Concord filed a lawsuit against the company after it refused to pay a record settlement ๐Ÿ—“ 2024-10-29.

๐Ÿ‘ฅ Labor & Workforce

The company's labor force has experienced a decline, which may reflect underlying challenges that could affect productivity and morale over time. Even though there's no immediate sign of crisis, continued withdrawals from the workforce are cause for concern.

  • Headcount dropped by 4.54% over the past 12 months, indicating a downtrend in workforce engagement or organizational restructuring.
  • No significant changes in headcount were observed in the past 6 months ๐Ÿ—“ as of 2025-06-30.

News & Media

Stay informed with real-time news signals across financial, legal, and operational domains.

  • WCNC ยท Oct 29, 2024
    NEGATIVE

Profile

Founded Year
2002
Social Media
Specialties
Insurance for your home, auto, boat, cottage & business
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