Heightened claim frequency and severity have created a volatile cyber insurance market in recent years, with most policyholders facing ongoing premium increases. Fortunately, the segment experienced underwriting profitability in 2022, allowing conditions to soften in 2023. Yet, many insureds are still experiencing coverage restrictions, underwriting...
Trees can be valuable additions to any property; however, each year, fallen trees and branches cause millions of dollars in property damage. It is crucial to proactively recognize signs a tree may be at risk of falling to help prevent dangerous and costly accidents. If a...
There’s a reason why the entertainment industry in Georgia is attracting a record number of productions. Recent news from Georgia Entertainment and from Georgia Department of Economic Development puts the state at the top in the country for productions and studio space. With a 20%...
Promoting a long-term care facility requires a strategic approach that highlights the unique benefits, quality of care, and the compassionate environment you provide. Here are some effective tips to help you market your facility successfully: Showcase Quality Care and Services Highlight the quality of care...
Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on Compensation Insurance (NCCI), the segment produced combined ratios of 84.5 and 84.9 in 2022 and 2023, respectively, demonstrating continued profitability. Industry experts...
Around 27% of U.S. workers quit their jobs in 2023, which, according to a common turnover calculation, cost employers nearly a trillion dollars to replace. Unfortunately, turnover is expected to climb this year, and labor experts predict another form of the “Great Resignation” to take...
Infirm and 82 years old, Ben Franklin addressed the federal convention regarding the document that would be ratified and become the Constitution of the United States. Read a copy of his letter written on September 17, 1787. "I confess that I do not entirely approve of...
Authors: Bruce Wilson and Scott Franzen The first cybersecurity policy was written in 1997. Then, about 10 years ago, the policies started gaining in popularity and became standard coverage in any risk transfer program. You don’t need to do too much research to find out why...
A new Harris Poll survey found that most employed Americans are satisfied with their company’s paid time off (PTO) policy; however, 3 in 4 said they didn’t use the maximum PTO permitted by their employer. According to the survey, most U.S. workers get between 11 and...
Worksite evaluations are crucial to the Occupational Safety and Health Administration’s (OSHA) efforts to ensure safe and healthy working conditions for workers. Worksite evaluations help identify potential safety risks before they cause accidents or illnesses. Complying with OSHA standards helps organizations avoid legal penalties and...