Commercial property and casualty insurance premiums rose by 5.1% in Q3 2024, driven by an 8.6% increase in umbrella insurance due to social inflation and litigation. While umbrella insurance costs surged, other lines like commercial auto and property saw moderated increases. Meanwhile, competition led to price decreases in directors and officers (D&O) and cyber insurance. […]
Read MoreIn this month’s Risk Advisor newsletter, discover valuable tips on data backup and recovery plans, along with effective strategies for avoiding common insurance gaps. Click to read more! DOWNLOAD
Read MoreAs winter draws near, small businesses face unique challenges from the season’s weather. From safeguarding against property damage to adapting to shifts in customer behavior, winter can greatly affect operations. To thrive despite these hurdles, small business owners must proactively mitigate winter’s impact. Discover our top 10 tips for successfully winterizing your business and stay […]
Read MoreConsumers now demand abundant choices and ultrafast delivery, making a robust supply chain essential. However, its fragility can cause bottlenecks, affecting production and customer satisfaction. Building resilience in the supply chain helps small businesses quickly recover from disruptions, maintain customer loyalty, and ensure smooth operations. DOWNLOAD
Read MoreInsurance is vital for business risk management, providing financial support after covered losses to ensure operational continuity. However, disputes over policy coverage or claim amounts can cause financial and operational challenges. This article explores common dispute causes and offers strategies for resolution and prevention. DOWNLOAD
Read MoreBusiness insurance is essential for keeping a company financially resilient should disaster strike. While most employers know that they should purchase basic forms of insurance, such as a commercial general liability policy, they often overlook other important types of coverage that provide valuable financial protection and peace of mind. Here are seven types of insurance […]
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