COVID-19
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 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 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...
January 28, 2022
11 Trends that Will Shape Work in 2022 and Beyond
At the start of 2021, many of us expected the world to return to normalcy. Vaccines were starting to roll out, and many executives felt like it would be a matter of a few short months before we would all return to the workplace. But 2021 was more volatile than expected, with the rise of new...
January 24, 2022
Labor Shortages and Business Liability Risks
The past year has seen labor shortages across industry lines. According to a recent study from the Society for Human Resource Management, nearly 90% of businesses are having a hard time filling open positions. These shortages have resulted from various factors, many of which are related to individuals reevaluating their employment priorities due to the...