What Makes Someone High-Risk for Insurance?

Your personal characteristics and decisions influence how your insurance rates are determined. While you can’t control every risk factor, knowing what information insurers consider when setting premiums is a good step toward making choices that may positively influence your rates. Home Insurance Insurers look at property details and personal behavior when pricing home insurance policies.…

Why Small Businesses Need an Annual Insurance Checkup

Annual insurance reviews are a critical practice for small businesses. They can help reduce insurance costs while ensuring coverage keeps pace with the company’s evolving needs. Skipping this review can result in coverage gaps, leaving new business services, equipment or locations underinsured—or worse, completely uninsured. When done with the help of an insurance professional, an…

Market Outlook – Commercial Auto Insurance

For over a decade, rising claim frequency and severity have diminished underwriting profitability and generated hardened conditions across the commercial auto insurance segment. Key factors contributing to these market difficulties include surging accident expenses, costly litigation and increasingly unsafe driving habits among commercial drivers. Consequently, the vast majority of policyholders have encountered significant rate hikes…

Be Prepared for Extreme Heat

A heat wave can be dangerous and even life-threatening for people who don’t take the proper precautions. In extreme heat and high humidity, evaporation slows and the body must work harder to maintain a normal temperature. Most heat disorders occur because the victim has been overexposed to heat or has over-exercised for their age and physical…

Minimizing Outdoor Dining Risks

Outdoor dining quickly emerged as a way to keep restaurants operational during the COVID-19 pandemic and has remained a popular and attractive option. Temporary and permanent outdoor dining areas carry a unique set of risks for restaurant owners to consider. Offering outdoor dining without proper precautions and safety procedures poses risks for employees and customers,…

Trucking Industry Trends to Watch

The trucking sector plays an integral role in the overall economy by moving mass amounts of freight and supporting supply chains across industry lines. In recent years, this sector has continued to fuel economic growth. Nevertheless, there are still some potential risks that, left unmanaged, may threaten the sector’s stability moving forward. As such, trucking…