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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.
The following guide will help you construct an effective return to work program and create meaningful work assignments for workers injured both on and off the job. It includes background statistics to support the program, steps to take before execution, tips on how to manage the program and implementation recommendations.
Work-related automobile accidents expose businesses to liability risks, legal expenses, lost time, decreased productivity and increased insurance and workers’ compensation rates.
Contracts can contain terms that impact your company’s bottom line. Reviewing them carefully prior to signing is indispensable, and can save you time and money.
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.
Since private owners cannot afford to gamble on a contractor whose reliability is uncertain, a surety bond is a great safety net for the investment.
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.