8 Common Commercial Insurance Blind Spots

You may think your business has enough coverage but when you file a claim to recover a loss, you find out your policy excludes a particular peril or limits are insufficient. When it comes to commercial coverage, businesses should anticipate these common blind spots. 1. Forgoing Disability Insurance When a non-work-related injury occurs, workers’ compensation…

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Spring Storm Safety Tips for Businesses

Spring can bring about some of the year’s most dangerous weather and wreak havoc on many aspects of a company’s operations. This article discusses the weather threats to watch out for during spring and measures businesses can take to minimize damage. Dangerous Spring Weather Unexpected severe weather increases the risk of property damage, injury and…

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2022 Workers’ Compensation Insurance Market Outlook

Unlike other lines of coverage, the market for workers’ compensation insurance has remained stable across most states and industries, performing as an outlier by producing profitable underwriting results. According to the National Council on Compensation Insurance (NCCI), the private carrier combined ratio for workers’ compensation in 2020 carriers was 87, up from 85 in 2019,…

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How to Identify a Hazardous Material for Transport

While certain items can be transported via simple methods, hazardous materials require significantly more care. Certain substances may require a specific shipping method. The U.S. Department of Transportation’s Hazardous Materials Regulations (HRM) specify how hazardous materials should be transported within state lines, from state-to-state and overseas. These regulations help minimize potential catastrophes for those handling…

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Businesses More at Risk for Ransomware During Holiday Season

According to Darktrace, an information technology company specializing in cybersecurity, ransomware attacks have increased by almost one-third during the past three holiday seasons, compared to the monthly average. As 2021 has been a record year for malware attacks, Darktrace predicts ransomware will surge even more. Learn how your businesses can prepare a defense against cybercriminals….

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