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In the second quarter of 2024, Zywave conducted the first Commercial Property and Casualty Insurance Pricing (CPCIP) Survey to gather insights on the first quarter’s pricing trends within the property and casualty insurance market.
While premiums still are rising, the average increases across all lines of business generally stayed about the same or decreased slightly in Q1 2024 compared with Q4 2023
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.
Car insurance rates are up 17% and are expected to hike another 4% during the remaining months of 2023, according to the Mid-Year Auto Insurance Trends Report from Insurify.
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.
It’s vacation season! As you’re planning your next great adventure, here are some recommendations from Schauer Group’s team of experts to make sure you have the insurance coverage you need no matter what method of transportation you choose.
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.
As the COVID-19 emergency declarations come to an end next month, so do many of the flexible health care policies that were implemented to ensure Americans had access to the services they needed during the pandemic.
Watch this video for five strategies for enduring periods of high inflation.
October 16-22, 2022, is National Teen Driver Safety Week. Now is a great time to have important conversations with teen drivers about staying safe behind the wheel.
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.
While they are intended as a risk management tool, watch groups can actually create more issues if volunteers go beyond simply reporting suspicious activity and instead take law enforcement into their own hands.
When it comes to preventing collisions and remaining safe on the road, strong defensive driving skills are crucial. Defensive driving allows you to anticipate potentially dangerous on-the-road situations. This video covers some basic strategies to keep in mind.
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.