March 30, 2022
What to Expect From Commercial Property Insurance in 2022
Commercial property rates have seen double-digit increases for two straight years and Gary Wells, managing partner at The Liberty Company Insurance Brokers, does not foresee a notable drop any time soon. The 2022 outlook for this segment is still quite uncertain as severe weather events continue to present challenges for carriers, brokers, and clients. “We...
March 29, 2022
4 Reasons Why Companies Must Reimagine Employee Care
Employer benefits have a long and evolving history in the United States, with broader societal changes continually driving new advances in how companies take care of their workforce. In the 1920s, the federal government incentivized corporate retirement plans by making employer contributions tax-deductible, and in the following decades this benefit became a top negotiation item for increasingly...
March 24, 2022
What Will the Workplace Look Like Coming Out of COVID?
If one thing is certain, it’s that our world has changed irreparably over the last two years. The COVID-19 pandemic touched our lives in nearly every way. It changed how we live, how we work, how we hang out with friends and visit family. And many of those changes are poised to last well beyond...
March 18, 2022
Personalizing Your Employee Benefits Offerings
Each workforce is comprised of unique individuals with diverse backgrounds and interests. So why opt for a one-size-fits-all benefits package? Instead, consider providing benefits options that are as unique as your employees. Doing so could be the attraction and retention tool that sets your workplace apart. In fact, 73% of employees said having customized benefits...
March 16, 2022
Security Risk Management Within the Nonprofit Sector
When I was asked to share thoughts about security risk management considerations within the nonprofit sector, I knew I would be remiss if I did not start by acknowledging the existing publications, research and expertise that has been shared on this topic by professionals supporting non-government organizations (NGOs) such as the Global Interagency Security Forum (GISF), Overseas...
March 1, 2022
5 Trending Captive-Insurance Considerations for 2022
If 2020 and 2021 showed us anything, it’s that the unexpected can and will happen — whether it’s a global pandemic, a cargo ship blocking one of the world’s busiest trade routes or a storm creating a widespread power outage. These unforeseen risks are difficult to predict and insure against, which made captive insurance, with its ability...
February 28, 2022
What to Know About Workers’ Compensation Insurance for Small Business Owners
Small business owners play a vital role in the U.S. economy. As of 2019, small businesses generated about 44% of the U.S. economic activity—employing nearly every type of worker in every type of industry, from construction and restaurants to insurance, marketing, and media. But while small businesses are a lifeline for the economy, owning a small business...
February 24, 2022
The 4 Biggest Hybrid Work Challenges for Office Landlords
The switch to hybrid working for corporate occupiers seems inevitable now. Even as other activities like travel and entertainment have bounced back after the Omicron surge, office attendance hasn’t. But just because employees seem to want hybrid work, that doesn’t mean companies have it all figured out. That might be because there’s no one-size-fits-all roadmap for...
February 8, 2022
10 Emerging Risks to Watch
Insurance Journal examined industries experiencing changes and a few challenges due to the COVID-19 pandemic, economic forces and tough insurance market conditions in 2021. Here are 10 industry sectors that could see new and emerging risks in 2022 and beyond. Cyber Like the risk itself, the cyber insurance market is constantly changing and keeping carriers...
January 31, 2022
Commercial Property Renewals Stabilize
Commercial property insurance buyers can expect to see more stable market conditions overall in 2022, but for catastrophe-prone and loss-hit accounts, capacity will continue to be tough to secure and more costly. While year-end renewals were generally easier than in 2020, the impact of unexpected December wildfires in Colorado and a significant tornado outbreak that...