Concord Insurance Risk Report
Generated on June 30, 2025
2
Risks
Summary
โ๏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 ๐ 2024-10-29.
๐ฅ 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 ๐ as of 2025-06-30.
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Profile
Specialties
Insurance for your home, auto, boat, cottage & business
