April 21, 2021
A new survey from the Insurance Research Council (IRC) found that two-thirds of respondents worked from home at least part of the time during the COVID-19 pandemic. The survey, conducted in October, also revealed that half expect to continue working from home entirely or alternate between working and not working from home in the future. […]
April 7, 2021
A standard commercial policy typically does not cover damage due to flooding, including hurricane storm surge flooding. Natural disasters can be devastating to businesses. While damage caused by some types of natural events — such as lightning or wind — will usually be covered by commercial property insurance, you need a special policy if you […]
March 24, 2021
More employees working from home means more possibilities for cyber security breaches. The Covid-19 pandemic has been a game changer for businesses. For some businesses change may have even been beneficial, such as increased online sales or greater numbers of people working from home. But Covid-19 has also brought more digitization, and that has helped […]
March 10, 2021
Expect a great deal of legislative activity on a wide range of issues affecting the property/casualty industry. In January 20, in a historic inauguration ceremony surrounded by U.S. soldiers guarding against domestic terrorism — before a field of 200,000 illuminated flags representing Americans who could not attend the ceremony because of the coronavirus pandemic — […]
February 24, 2021
Social distancing and mask wearing have been viewed as important ways to protect people from COVID-19. So, employers enforce these precautions on the job site. But what about after hours? What steps can an employer take if there’s evidence an employee is not taking precautions and is engaged in risky behavior when away from the […]
February 10, 2021
The average payment for auto physical damage insurance claims increased at more than double the rate of inflation from 2010 through 2018, according to a new study from the Insurance Research Council (IRC). The study, Patterns in Auto Physical Damage Insurance Claims, found that average payments increased 3.7 percent annualized during the study period, while […]
January 21, 2021
While it’s a good idea to read your insurance policy, hardly anybody does. The important thing is to understand what’s in it. Here are a couple of concepts to know about how your insurance works. What is subrogation and how does it apply to insurance? Subrogation in the context of insurance is the right of […]
January 7, 2021
Unless your state government enacts mandatory vaccination laws requiring it as a condition of employment, you could put your company at legal risk. The COVID-19 vaccination has been touted as the easiest way for our country to return to normalcy following the almost year-long pandemic. Such vaccinations will allow businesses to safely reopen and permit […]
December 18, 2020
Mobile Apps Will Be More Common The pandemic has forced many companies to focus more on remote operations, making the use of mobile apps more important. Mobile apps can be used to help employees make timely reports of on the-job injuries and facilitate communications with management and medical providers. There Will Be Fewer Meetings Isolation […]
November 21, 2020
Doctors, lawyers and accountants aren’t the only people who need professional liability insurance. All kinds of people need professional liability coverage, including financial analysts, corporate trainers, numerous types of consultants and law enforcement professionals. Even FBI agents. According an article in Law Enforcement Today, “FBI agents tasked by fired former Director James Comey to take […]
