General Liability Exposures Every Organization Should Know

General Liability Exposures Every Organization Should Know

Almost every organization faces commercial liability exposures. A commercial liability loss exposure is a condition or situation that presents the possibility of an organization becoming legally and financially responsible for injury, harm, or damage to another party....
How Employers Are Responding to Record-high Inflation

How Employers Are Responding to Record-high Inflation

The U.S. inflation rate has increased by 9.1% year over year, according to the Bureau of Labor Statistics (BLS). The BLS also reported that this is the highest the inflation rate has been since 1981. This has led to significant price increases across many consumer...
Fuel Efficiency Best Practices for Fleets

Fuel Efficiency Best Practices for Fleets

Improving the fuel efficiency of a company’s fleet of vehicles can have many financial and environmental benefits, especially with fuel prices on the rise. Fuel can be one of the largest and most difficult expenses to predict and control. Therefore, it’s important for...
Employee Quits Continue Downward Trend in May From All-time High

Employee Quits Continue Downward Trend in May From All-time High

The U.S. Bureau of Labor Statistics (BLS) recently released its May Job Openings and Labor Turnover Summary. The number of employee quits continued to fall for the second month in a row; May’s reported number of employee quits fell to around 4.3 million, down from 4.4...
Construction Costs Outpacing Property Rate, Limit Increases

Construction Costs Outpacing Property Rate, Limit Increases

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...