To address the infant formula shortage amid medical device and health care company Abbott Nutrition’s voluntary recall of certain powdered infant formulas, the Biden administration is working to ensure that formula is safe and available for families across the...
Property insurers are not raising coverage limits and rates to keep pace with inflating construction costs, according to a Moody’s Investors Service report. Rising costs for construction materials and labor means elevated loss severity for insurers because repair and...
Employee Quits Reach Record High in March The U.S. Bureau of Labor Statistics (BLS) recently released its March Job Openings and Labor Turnover Summary. Notably, the number of quits increased to around 4,536,000 in March, up from approximately 4,384,000 in February....
Summer is a busy time for travelers. More inexperienced and vacationing drivers are on the roads in June, July, and August, contributing to increased driving risks. Here are some tips to help you travel safely in the summer. 6 Tips for Safe Summer Driving More drivers...
Rising Property Replacement Costs Commercial property losses and insurance premiums have significantly increased over the past two years due to environmental and economic factors. Undervaluation of the replacement costs for a damaged building or equipment can also be...
