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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.
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.
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.
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
Schauer Group recommends the following plan of action to ensure that you remain in compliance with your insurance recordkeeping.