The Commercial Vehicle Safety Alliance (CVSA) recently scheduled this year’s Brake Safety Week for Aug. 20-26, 2023. This annual event aims to emphasize the importance of ensuring sufficient brake systems in commercial motor vehicles (CMVs). Specifically, the event highlights the role that brake maintenance and efficiency plays in reducing brake-related CMV accidents on the road.…
According to the Congressional Budget Office, hurricane and tropical storm damages account for approximately $9 billion in losses to commercial businesses each year. Research scientists at Colorado State University recently updated their projections, and are now expecting “above average” tropical cyclone activity during the Atlantic Hurricane Season (June 1 – Nov. 30.) Before a Hurricane…
In 2022, vehicle thefts surpassed 1,000,000—a 25% increase from previous years. This equates to roughly one vehicle stolen every 32 seconds in the United States. Vehicle theft cost vehicle owners more than $8 billion in 2022. To help drivers keep their vehicles safe, the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has…
Choose optimism. Cultivate change. Embrace challenge as an opportunity to innovate and try something new. And never be afraid to ask “What if?” Here, we showcase business owners and nonprofit leaders who asked that question and pushed forward, recognizing risk yet protecting their dreams. Even in typical circumstances, it takes a brave person to buck…
Pollution exposures for a specific property may vary widely. Some locations have a “rich” history of prior operations and prior pollution that make crafting meaningful coverage more challenging, while other properties are just vacant virgin land. Regardless of the history (or the planned future use) of a site, the environmental products available for property owners…
Winter months present additional hazards that employees don’t typically encounter during warmer weather. Specifically, you may risk experiencing major slips or falls amid snowy and icy conditions, which could lead to serious injuries. Consider the following recommendations to prevent slip and fall incidents this winter: Wear shoes that provide traction on snow and ice; footwear…
Although there is still a great degree of uncertainty about what 2023 will bring in trucking business conditions, analysts at FTR believe a major recession is unlikely. FTR’s “State of Freight” webinar on Jan. 12 explored the economic indicators that most affect the freight market as well as trucking-specific numbers and offered FTR’s outlook for the year.…
The past five years have seen the commercial property insurance market progressively harden, evidenced by consistent rate increases since 2017. However, according to industry data, such rate jumps showed some signs of stagnation in early 2022, with average increases staying within single digits. Going into 2023, rates are still on the rise. Some insureds are…
Almost every organization faces commercial liability exposures. A commercial liability loss exposure is a condition or situation that presents the possibility of an organization becoming legally and financially responsible for injury, harm or damage to another party. These exposures stem from the kind of work an organization performs and where that work is executed. They…
Is your workplace Safe and Sound? No matter where your business is on safety and health, initiating a program or energizing an existing one can help you take a step in the right direction. Each year, more than four million workers suffer from serious job-related injuries or illnesses, and more than 4,000 Americans die from…
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You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
SCD Intermediaries
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