Property and Casualty
November 3, 2022
Well-Prepared Leaders Embrace Risk
Well-prepared leaders embrace risk and make better decisions during times of economic uncertainty, according to a new study by Aon. Aon’s 2022 Executive Risk Survey, Making Better Decisions in Uncertain Times, was compiled from more than 800 interviews with C-suite and senior executives from companies with 500 or more employees. Respondents were asked questions about what...
October 31, 2022
Duties in the Event of a Commercial Property Loss
Most people understand that insurance companies have a duty to reimburse insureds for commercial property damage not excluded by their policies. What’s lesser known is that if a loss does occur, insureds also have duties they owe to their insurance company. Many commercial property insurance policies include language detailing steps that must be taken following...
October 28, 2022
Preventing Slips, Trips and Falls During Winter
As temperatures begin to drop, walkways can quickly become hazardous due to snow and ice. Winter slips and falls at businesses are common sources of injuries for visitors and employees alike. As an employer, it’s crucial to maintain the safety of your property and keep your employees and visitors safe. Whether you take care of...
October 26, 2022
Minimizing Caught-in or -between Hazards
Caught-in or -between hazards may cause injuries if a person is squeezed, caught, crushed, pinched or compressed between two or more objects, or between parts of an object. Such accidents can occur in any industry. Common workplace conditions that can lead to caught-in or-between hazards include: Working with unguarded moving parts Working in unprotected excavations...
August 1, 2022
Construction Safety Professionals Struggle to Prevent Fall Hazards
Earlier this month, the Occupational Safety and Health Administration announced a new initiative to conduct surprise safety inspections for fall hazards. A day later, the agency announced $32,113 in fines for a Florida construction company where a 19-year-old worker died after falling from a clubhouse roof. The fines were far from unusual, but the juxtaposition...
July 27, 2022
For an Edge on Office Leasing, Get Health Conscious
A research note out of Marcus & Millichap on the office market claims there are “bifurcated fundamentals.” Central business district (CBD) offices are seeing faster climbing vacancy rates than those in suburbs, so preliminary second quarter data suggests. What’s causing the unhealthy disparity? Concerns about health. “This is in part due to the increased emphasis...
July 14, 2022
Managing Safety With Tablets and Smartphones at the Jobsite
With construction workers able to access the digital tools they need from a hand-held device that connects to the Internet, workers are more likely to use the device while moving or trying to complete multiple tasks, posing a safety risk for everyone. How we work has changed drastically over the last few years. Employees can...
July 13, 2022
2022 Midyear Market Outlook: Commercial Property Insurance
The commercial property insurance market has hardened in recent years, with consistent rate increases since the third quarter of 2017. These rate increases were evident in the beginning of 2022, with first-quarter rates rising by an average of 7.6%, according to industry data. Similar pricing trends occurred in the reinsurance markets during the same period...
July 12, 2022
The Hybrid Workplace is Here to Stay
One of the largest changes brought about by the COVID-19 pandemic to the workplace was the popularization of remote work. Industries that previously operated solely from offices realized almost overnight that they could operate without everyone under a single roof. With the pandemic on the wane and restrictions being eased, many workers have expressed interest...
July 8, 2022
How to Stay Cool in the Summer Heat
All heat-related deaths and illnesses are preventable. Yet, an average of 658 people die each year as a result of exposure to extreme heat. The summer before last, the National Center for Atmospheric Research (NCAR) did an in-depth study on heat exposure. It revealed that more than one-quarter of the U.S. population suffered from symptoms such as nausea,...