When organizations face large-scale disasters or other unexpected losses, ensuring business continuity is often a top priority.
6 Reasons Why Life Insurance Matters
Life insurance can offer numerous benefits to individuals and their families.
Trends Impacting Commercial Insurance Costs
Recent market developments have demonstrated signs of an improving commercial insurance landscape.
The Value of Cyber Insurance
As cyberattacks become more frequent and costly, it’s crucial for organizations to maximize their financial protection against related losses by purchasing sufficient insurance.
Midyear Market Outlook: For Commercial Auto And Commercial Property Insurance
The last several years have seen the commercial property insurance market progressively harden,
evidenced by ongoing rate increases over the past 22 consecutive quarters. Such rate hikes showed some signs of stagnation throughout 2022 by largely remaining within single digits, according to insurance experts.
2023 Commercial Auto Insurance Midyear Market Outlook
The commercial auto insurance market has encountered significant underwriting losses and plummeting profitability for more than a decade. Although the segment continues to face challenging market conditions, rate increases mostly remained in the single digits in 2022, demonstrating signs of stagnation compared to double-digit rate hikes in prior years.
2023 Commercial Property Insurance MidyearMarket Outlook
The last several years have seen the commercial property insurance market progressively harden, evidenced by ongoing rate increases over the past 22
consecutive quarters. Such rate hikes showed some signs of stagnation throughout 2022 by largely remaining within single digits, according to insurance experts.
Insurance Loss Runs Explained
Claims history is one of the main factors that insurers evaluate to determine organizations’ commercial insurance premiums. As such, it’s crucial for organizations to have a sufficient grasp on their past losses. Fortunately, that’s where insurance loss runs can help. A loss run is a report generated by an insurer that records the claims made against an insured’s policies. These …
The Importance of Certificates of Insurance
No matter what industry you’re in, chances are your organization will, at some point, rely on the help ofa third party to fulfil certain business needs. Regardless of who you work with, business arrangements with contractors and vendors can open you up to a number of risks—risks that need to be accounted for through insurance
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