7 Factors Driving Commercial Property Insurance Costs
The commercial property insurance space has progressively hardened in recent years, evidenced by ongoing rate increases and other difficult market conditions. This is largely due to several cost-driving trends impacting the segment. As such, it’s important for...
Warehouse Safety
OSHA recently launched a 3-year emphasis program that focuses on preventing workplace hazards in warehouses, distribution centers and high-risk retail establishments. This is because injury rates in these types of operations are so high. Inspections will concentrate...
9 Ways Your Business Can Protect Against Wildfires
Wildfires are a deadly and destructive threat to people and property. According to the National Interagency Coordination Center, 6 of the top 10 largest wildfire seasons have occurred in the last decade. As wildfires become more powerful, businesses must be proactive....
Cyber Market Rights Its Course on Profitability
Direct premiums written for the U.S. cyber insurance market rose 50% to $7.2 billion in 2022 as the “first hard market” set the industry back on a path to profitability, according to a new report from AM Best. The ratings agency reported this week that growth in the...