Rates for most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been…
As the COVID-19 pandemic drags on globally, supply chain disruptions continue getting worse and worse. Most main U.S. ports are logjammed with vessels waiting more than two weeks to load and unload, while a shortage of truckers means containers are…
With confrontations between angry customers and employees just trying to do their jobs increasing during the COVID-19 pandemic, employers need to make sure they have policies in place to protect workers who are confronted. As well, many customer-facing companies —…
The amount of deadly and injury accidents attributed to distracted driving continues to increase despite laws in virtually every state banning people from texting and engaging on their smartphones while driving, as well as from talking without a hands-free device…
Employers are being hit with a wave of COVID-19-related employment lawsuits, which is starting to have an effect on employment practices liability insurance (EPLI) rates and coverages. A tally by the law firm of Fisher Phillips found that as of…
The Biden administration has announced plans to require businesses with 100 or more employees to require their workers to be vaccinated for COVID-19 or be tested for the coronavirus on a weekly basis. The order is part of a sweeping…
With about 75% of employees in the U.S. using their own devices for work communications and productivity, businesses must implement safeguards to avoid company data from being compromised should a device be stolen, hacked or contract a virus. The BYOD…
If a natural disaster were to strike, would your company be ready? Has your management team hardened the business to continue operating in case of a disaster? With natural catastrophes growing in number and severity, businesses more than ever need…
Despite accounting for 19% of revenues among firms in the United States, small businesses shoulder more than 53% of all commercial tort liability costs, according to a new report by the U.S. Chamber Institute for Legal Reform. The story is…
Some employers are implementing a new incentive for their workers to get vaccinated against COVID-19: Charging them higher health insurance premiums if they don’t. A recent brief from consulting firm Mercer reported that employers are looking at surcharging the health…