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Commercial insurance pricing is still rising, but the hikes are less steep than they were a year ago.
Any organization that asks employees to drive as part of their work duties should implement a fleet safety program.
More than 40% of the country’s construction workforce is expected to retire in the next decade.
High premiums remain a top concern for commercial insurance clients nationwide as pricing continues to increase.
Premiums for commercial property and casualty insurance jumped an average of 8.9% in Q2 2023 – marking 23 consecutive quarters of increases.
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.
Each year, hurricane season presents a significant risk to homeowners. Not limited to coastal areas, hurricanes are dangerous and can cause major property damage due to storm surge, wind damage and flooding. These eight tips can increase your readiness in the event of a hurricane.
As an employer, safety is your responsibility, and it’s important to identify workplace hazards and instill safe employee habits to ensure corrections remain permanent.
Work-related automobile accidents expose businesses to liability risks, legal expenses, lost time, decreased productivity and increased insurance and workers’ compensation rates.
The COVID-19 pandemic tipped off supply chain issues that may take years to reconcile. Now, employers are left wondering how they might be able to stay afloat amid unprecedented market uncertainty.
Employers across the country are facing a pronounced issue right now: too many open positions and not enough workers. Why are individuals slow to return to work despite available positions and how can employers attract some of these workers?
While any business’ relationships can be complex, adding a family dynamic to the mix creates a labyrinth of unique issues and risks to navigate.
Capitalizing on the trend to build green can quickly turn your profit margin from black to red if you don’t have a clear understanding of your additional contract exposures.
Employers can benefit from Return-to-Work programs by retaining skilled employees, reducing short- and long-term disability claims, and obtaining a lower workers’ compensation experience modification factor—positively affecting their premium costs and ability to gain new work.
Schauer Group suggests project owners and general contractors turn to a wrap-up insurance program for construction projects to manage their risks.
Schauer Group recommends the following plan of action to ensure that you remain in compliance with your insurance recordkeeping.
Schauer Group has compiled these tips for coming out of the economic downturn to keep your business prospering well into the next economic cycle.