News Brief – Home Insurance Claim Frequency Down in 2021, but Severity Up

By SCSAI / December 5, 2022 / 0 Comments

  Home insurance loss costs and frequency across all perils fell in 2021 from the year prior, but severity increased by 7%, according to the 2022 LexisNexis U.S. Home Trends Report. LexisNexis noted that insurance professionals should not be deceived by the one-year dip. The report, which analyzes data spanning seven years, shows a steady […]

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Loss Control Tips – Roofing Contractors

By SCSAI / December 2, 2022 / 0 Comments

As with any employer, roofing contractors must protect their employees from illnesses and injuries on the job. Implementing safeguards to protect employees from occupational risks (e.g., slips, trips and falls, struck-by injuries and hazardous chemicals) is essential to prevent potential incidents. This resource outlines common risks roofing contractors must address and offers helpful strategies to […]

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Truck Driver Wellness Guide

By SCSAI / November 30, 2022 / 0 Comments

Commercial truck drivers are critical to the country’s distribution and transport network. So, when drivers’ overall health and wellness suffer, everyone is potentially affected. This guide explores how truck drivers can stay healthy while on the road with a healthy diet, adequate sleep, exercise, sun protection measures, ergonomics and strategies for maintaining their mental health. […]

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OSHA Announces Preliminary Top 10 Violations for Fiscal Year

By SCSAI / November 28, 2022 / 0 Comments

  OSHA announced its preliminary list of the top 10 most frequently cited workplace safety standards for fiscal year 2022. Since OSHA’s fiscal year doesn’t end until Sept. 30—and this list was published prior to this date—the final results won’t be announced until the beginning of 2023. However, this preliminary list indicates the most violated […]

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Signs of Trouble Seen for U.S. Commercial Auto Insurance Market

By SCSAI / November 25, 2022 / 0 Comments

  The sector had its best year in a decade in 2021, with a combined ratio under 100, a small net underwriting loss and strong premium growth, the company noted. Commercial auto insurers have also steadily cut underwriting expenses over the last 10 years, helping to improve results. DOWNLOAD

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Low Flood Insurance Take-up Rates in Path of Hurricane Ian

By SCSAI / November 23, 2022 / 0 Comments

  The Category 4 hurricane made landfall on Florida’s Gulf coast on Sept. 28, with wind speeds of up to 155 mph and a storm surge of at least 12 feet. Ian appears to be the deadliest storm in Florida since 1935, and initial estimates put insurance losses as high as $63 billion. DOWNLOAD

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