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.
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.
Car Thefts Rise by 33.5 Percent in First Half of 2023
October 19, 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 to Read Fine Print
October 5, 2023
While it’s a good idea to read your insurance policy, let’s be honest, hardly anybody does. The important thing is to understand what’s in it and how it works.
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?
Court Says Employers Responsible for Employee Identity Theft — Regardless of Monetary Damages
September 7, 2023
Employers go to great lengths to protect their data from breaches from intruders. But what about any employee data that may exist on company servers? Now employers are responsible for the security of that data as well.
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 […]
Why You Need Employment Practices Liability Insurance (EPLI)
August 4, 2023
With increased government regulation related to employment issues, such as those we are reporting about in this issue, it’s easy to see why carrying EPLI would be a good idea for most employers.