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 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 […]
Read MoreAs cyberthreats increase, businesses relying on third-party providers face significant risks from digital disruptions. This article explores the importance of Contingent Business Interruption (CBI) insurance for cyber events, explaining how it offers financial protection for operational losses caused by third-party cyberattacks. Download now to learn how CBI coverage can safeguard your business from costly supply […]
Read MoreCybersecurity Awareness Month is a reminder for businesses to protect themselves online. With cyber incidents on the rise and losses exceeding $12.5 billion in 2023, it’s critical to follow cybersecurity best practices. This article provides essential tips like using strong passwords, enabling multifactor authentication, and recognizing phishing threats. Download now to strengthen your business’s cybersecurity […]
Read MoreOctober is National Cybersecurity Awareness Month, and this article outlines 9 essential cybersecurity controls every business should implement to safeguard company data and protect against cyber threats. From endpoint detection solutions to multifactor authentication, these strategies will help you manage your cyber exposures and enhance overall security. Download now to learn how you can strengthen […]
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