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Library Tag: Business Insurance

While premiums still are rising, the average increases across all lines of business generally stayed about the same or decreased slightly in Q1 2024 compared with Q4 2023
Commercial insurance pricing is still rising, but the hikes are less steep than they were a year ago.
Looking ahead, policyholders who conduct high-risk operations, have poor loss control practices or are located in natural disaster-prone areas will likely remain increasingly vulnerable to persistent rate hikes and coverage limitations.
Work-related automobile accidents expose businesses to liability risks, legal expenses, lost time, decreased productivity and increased insurance and workers’ compensation rates.
While any business’ relationships can be complex, adding a family dynamic to the mix creates a labyrinth of unique issues and risks to navigate.
In a culture where litigation is commonplace, business owners have many more worries than making profits and retaining top employees. If your product injures a consumer, your organization could face a devastating lawsuit, exponential damages and a tainted reputation in the marketplace. To assist with the financial burden of a
At Schauer Group, we believe that directors and officers liability (D&O) insurance is a fundamental component of any company’s risk management program.
Schauer Group recommends the following plan of action to ensure that you remain in compliance with your insurance recordkeeping.