What Changes in the Cyber Liability Insurance Market Mean for Businesses
The cybersecurity insurance market is relatively new, and thus far, has seen a long period of soft market conditions… until now.
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A Summary of AMWINS Q1 2021 State of the Market Survey
Each quarter, AWWINS, a specialty insurance distributor, releases their State of the Market Survey which provides insights into the property, casualty, and professional insurance markets. We’d like to summarize some key findings from the survey that we feel are important for clients and others who might be interested.
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Controlling Workers’ Compensation Costs – All Hands on Deck!
Efforts to maintain a healthy uninjured workforce, combined with an eye on controlling workers’ comp experience modification factors (Mod) is of particular importance to all organizations.
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Notes on the State of the Construction Industry Insurance Marketplace
Right now, the construction industry insurance market is in a firming trend. We share a market overview and a few key takeaways for businesses in this industry.
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Connecticut’s “Time’s Up” Act: A Reminder About Sexual Harassment Training Requirements
Connecticut’s “Time’s Up” Act includes new rules and requirements for sexual harassment training. Here is what business owners need to know.
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Ransomware Attacks Continue: How Can Businesses Protect Themselves?
The trend of more frequent ransomware attacks has continued and presents a problem for businesses that will not go away. It is imperative that businesses start to invest in backup and recovery capabilities and work on encrypting data at rest.
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Insurance Challenges and the Heavy Manufacturing Industry
The heavy manufacturing industry has started to rebound from the COVID-19 pandemic, but they have another issue that needs addressing – a lack of interest from insurance carriers to take on risks presented by the industry overall.
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Captive Insurance 101: What Businesses Need to Know
A hardening commercial insurance market over the last two years has brought about growing interest and conversations surrounding captive insurance.
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Distracted Driving Awareness Month: Important Statistics and Resources
Distracted driving continues to be a major contributor to traffic accidents. The act of driving takes more concentration and focus than we often think necessary.
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A Rise in Cyber Crime and Cyber Insurance Rates Highlight the Need for Improved Incident Response
We saw a rise in cybercrime in 2020, and as a result, cyber insurance rates increased, too. All of this points to a need for organizations to address incident response.
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