Social and Economic Inflation Drive Up Auto Liability Claims
December 14, 2023
Combined U.S. personal and commercial auto insurer liability claim payouts were $96 billion to $105 billion higher between 2013 and 2022.
Archive for the ‘Business’ Category
More Rate Reductions Expected for Professional Liability Coverages
November 30, 2023
It looks like the soft markets that started last year for Management Liability (ML) and Professional Liability (PL) insurance will continue to soften over the second half of 2023.
Why Buy Professional Liability Insurance?
November 16, 2023
All kinds of people need professional liability coverage, including financial analysts, corporate trainers, numerous types of consultants and law enforcement professionals.
Professional Liability Policies Are Unique
November 2, 2023
Unlike property insurance or even general liability insurance, the policy wording used for one client is not necessarily suitable for all clients.
Cybersecurity Basics
September 21, 2023
If your business is the typical small or mid-sized business, you probably have somewhere between $500,000 and $2 million in liability coverage under your business owner policy (BOP) or commercial general liability policy. How does umbrella coverage work with these policies to provide extra liability protection?
EEOC Document Warns against Discriminatory Effects of Artificial Intelligence
August 18, 2023
The Equal Employment Opportunity Commission (EEOC) has issued a warning to employers who use automated systems, including artificial intelligence (AI), to monitor employees and make decisions about a range of employment matters. The document says its intent is to focus on preventing discrimination against job seekers and workers, in accordance with Title VII of the […]
Don’t Forget Your Umbrella
July 21, 2023
If your business is the typical small or mid-sized business, you probably have somewhere between $500,000 and $2 million in liability coverage under your business owner policy (BOP) or commercial general liability policy. How does umbrella coverage work with these policies to provide extra liability protection?
How Is EPLI Underwritten?
July 7, 2023
Underwriters use a variety of metrics to determine what to charge for Employment Practices Liability Insurance (EPLI) and the scope of coverage to offer.
“Nice to Have” Insurance Policies
June 17, 2023
Nice to have” insurance policies are policies that not all businesses carry but maybe should carry.
Protect Yourself When Working with Contractors
June 2, 2023
One of the most effective and simplest ways of protecting your organization from liability due to contractors’ and subcontractors’ operations is with Additional Insured coverage.